For Sale
$970,000

10101 Schwartz RdFort Wayne, IN 46835

Profitable Pet Business, 3 Acres

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional opportunity encompasses a thriving, established pet grooming and boarding business, "Wigglebutz," situated on a 3.11-acre lot in Fort Wayne, Indiana. The sale includes two buildings: a 2,048 sq ft, four-bedroom, 2.5-bathroom home with a full unfinished basement, and a 2,280 sq ft outbuilding housing the business. Recent significant improvements include a new roof, $63,000 cement driveway and parking lot (10 spaces), and a $150,000 sewer line installation. The property also features a new deck (approx. $10,000 investment), a well with owned water softener, and backup generators for both buildings. The business boasts over 3,000 customers, exceeding $500,000 in annual sales, and employs six staff members. All equipment, including 80 animal cages and 26 kennels, is included. The property is zoned A1 with a variance for a dog kennel. Financial records are meticulously maintained using QuickBooks. This turnkey operation presents a unique opportunity for owner-operators seeking a profitable, established business with significant growth potential. The asking price is $970,000, reflecting a 14.43% cap rate and $220.45 per square foot. The property is currently 100% occupied.

Highlights

  • Option 1: 10101 Schwartz Rd., 3-acre property with home, outbuilding, and established "Wigglebutz Grooming and Boarding" business; $970,000.
  • Option 2: Established "Wigglebutz Grooming and Boarding" business, relocation rights included; $395,000.

Property Details for 10101 Schwartz Rd

Property type
Retail properties
Square Feet
4,400 SF
Year Built
1993
Buildings
2
Lot Size (sq. ft)
135,472 SF

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.1781817
Longitude
-85.0074553
10101 Schwartz Rd, Fort Wayne, Indiana

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10101 Schwartz Rd
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