Boutique exclusive best in show dog grooming

Ho-Ho-Kus, NJ

Seller Financing Available

Asking Price:$297,000
Gross Revenue:$250,000
Rent:$1,600/Month
FF&E:$50,000
Cash Flow:$250,000
Inventory:$5,000
EBITDA:$125,000
Established Year:2001
BUSINESS DESCRIPTION

23 year old well established dog grooming with extensive Client list

ONLY EXPERIENCED DOG GROOMERS SOUGHT FOR THRIVING BUSINESS: There is a database of approximately 2400 prior clients that have been collected over the years and there is approximately 300 active clients that are on regular programs for repeat scheduled groomings. Premises are served by a private parking lot in an exclusive downtown area of Hohokus. Dogs are by appointment only and no walk-ins are accepted. Business operates on a four day a week basis and owner has no desire to increase work hours. With additional staff, the business and client base could easily support a five or six day a week operation and increase revenue substantially. Known in the industry as the most caring groomer for decades.


DETAILED INFORMATION
Location
Ho-Ho-Kus, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
500
Lease Expiration
31/12/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Three grooming stations, one wash station, two dry stations, 12 cages, private parking lot, all grooming, supplies and equipment are included. Lease can be extended 1 or 3 or 5 years as desired by new owner with additional options.
Competition
Exclusive customer base with over 2400 prior clients and over 300 active clients.
Growth & Expansion
Business operates four days per week. Business clientele could easily support a five or six day a week operation as dogs are always turned down as there is just not enough staff and owner has no desire to increase work hours.
Financing
Option to extend lease for 1 to 3 to 5 years at buyer’s option.
Support & Training
Six months transitional support for maintaining client relationships, and making appointments.
Reason for Selling
Retirement
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Nicholas Laganella
Nicholas Laganella