Dog Daycare and overnight Boarding -Heart of Manhattan, NY!

New York
ID # NY104

$1,300,000

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DESCRIPTION

Listing ID# NY104

Leased RE

 

Dog Daycare and overnight Boarding -Heart of Manhattan, NY!

Hip and happening dog care facility located in a very desirable and upscale area of Manhattan; is  the neighborhood ‘go to’ place for pet care whether it’s for daycare, boarding or grooming.  Business has longevity and strong staffing with a General and Assistant Managers leading the 13 member team who take care of client’s furry kids with compassion and care.

The space is a generous 5,000+ SF with 100 enclosures for overnight stays; high capacity leads to high revenues at well over $2MM in 2019.  While COVID affected this business, rebound and client demand has surged beyond expectations since March.

The space is well designed to attract high end clients who live and work in this sought after neighborhood; exceptional pet care is emphasized as is high-touch client service.  While maintaining iconic NYC exposed brick look, the space is modern with clean lines, recently upgraded flooring and windows for a transparent, light filled feel.  Long term lease in place!

 

Serious, financially qualified inquiries only, please.

 

 

Year                            Revenue         EBITDA                     Asking Price:             $1,300,000

2020                            $1,200,000      $220,000

2019                            $2,200,000      $450,000

2018                            $2,400,000      $140,000

 

PROPERTY DETAILS

Business Asking Price: $1,300,000
Real Estate Asking Price:
Total Asking Price: $1,300,000
Real Estate Included: NO
Residence Included: NO
Gross Revenues: $2,200,000 (2019)
SDE:
EBITDA: $450,000 (2019)
Year Established: 2012
Land Size:
Kennel Building Size: 5,000 SF
Downpayment: $130,000
Services Provided: Boarding, Daycare, Grooming
# of employees: 13