Established Dog Training Facility in Heart of NYC - Short Sale

New York, NY

Seller Financing Available

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Asking Price:$204,000
Rent:$12,000/Month
Gross Revenue:$850,000
Established Year:2011
BUSINESS DESCRIPTION

Dream of dogs?
Turn-key operation in operation since 2011.
Was supposed to close on a sale 12/31 but it fell through. Looking to slot in the right buyer but need to move very quickly. Open to partial financing. Must be willing to take over a lease w/2.5 years on it starting Feb. 1, pay $54K security deposit and guarantee $1300/month payment on SBA Loan ($250k over thirty years).

Yearly gross between $800K-1M.
Rent: Approx $12K, lease through summer 2027.
Beloved training business with a stellar local reputation and an internationally respected brand.
Features a 2-store floor-through storefront in Manhattan's East Village with indoor/outdoor space and a sizable retail area.

Fully staffed with trainers and front desk staff.

Custom built CRM and scheudling system.
Online store built out.
Lots of room for growth.
Social media presence (>160K followers on IG, 10K newsletter subscribers)
Engaged and passionate clientele.
Recent (<2 mos) press includes: New York Magazine, New York Post, The New York Times, NY1, Fast Company, NPR...

Owner has young kids and cannot manage the day-to-day of it.


DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
01/08/2027
Employees
12
Facilities
available upon request
Competition
Peerless! Main competition in NYC just closed.
Growth & Expansion
Custom software built out to be able to bring on trainers anywhere in the world.
Financing
Willing to finance 2/3 of payments over the first year.
Support & Training
Willing to consult six hours a week for one year and stay on as paid consultant beyond that.
Reason for Selling
Need to prioritize family.
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Annie Grossman
Annie Grossman