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Wigglebutz Grooming and Boarding LLC 10101 Schwartz Rd
2,080 SF Retail Building Fort Wayne, IN 46835 £759,801 (£365/SF)
Investment Highlights
- Live on Site and own and run your own business.
- Property is served by City Sewers
Executive Summary
Option 1: Buyer to purchase the "Wigglebutz Grooming and Boarding" Business including the 10101 Schwartz Rd Home, Outbuilding, and 3-acres. $970,000.00
Option 2: Buyer to purchase the "Wigglebutz Grooming and Boarding" Business and relocate the business to a new location. $395,000.00
General Information:
Wigglebutz Grooming and Boarding LLC
Owners: Kevin and Sally Penner
Location: 10101 Schwartz Rd - Fort Wayne, IN 46835
The Penner's live in the 2,048-sf two story 4 BR 2.5 Baths home and are hands on owner/operators of Wigglebutz. The home has a full unfinished basement with two sump pits. The home is served by propane Gas Forced Air Heat and Central Air plus it has a Generac Backup Generator. The roof is new, and the new cement driveway and parking lot cost $63,000.00. The Penner's recently spent $150,000 running Sewer lines and pumps to tap into the Fort Wayne Sewer System. The property is served by a Well and the Water Softener is owned and not rented. A new Deck is being built at this time at the cost of approximately $10,000.
Wigglebutz Grooming and Boarding operates out of the Barn/Outbuilding, which has 2280 sf. This building is served by two furnaces and two air conditioners and is independently backed up by its own Generac Back Up Generator. The new cement driveway and parking lot is also used for customer parking for Wigglebutz. The property consists of 3-acres and is approximately 219’ by 600+’ Deep.
Wigglebutz operates with 3 full-time and 3 part-time employees with the owners working in and overseeing the day-to-day business. All equipment, such as 80 animal cages and 26 Kennels, are included in the sale.
Wigglebutz primary business is grooming and Boarding but expands into Baths, Spas, Day Care and other services. Sales exceed $500,000 in sales and the owners run their business with QuickBooks and are supported by their CPA firm. The owners run the business correctly and have good records to support their business. They serve over 3,000 customers and are picking up new customers weekly. Their business is driven by word of mouth.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£3,877
|
£1.86
|
| Operating Expenses |
£318,312
|
£153.03
|
| Total Expenses |
£322,189
|
£154.90
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £3,877 |
| Annual Per SF | £1.86 |
| Operating Expenses | |
|---|---|
| Annual | £318,312 |
| Annual Per SF | £153.03 |
| Total Expenses | |
|---|---|
| Annual | £322,189 |
| Annual Per SF | £154.90 |
Property Facts Under Contract
About 10101 Schwartz Rd , Fort Wayne, IN 46835
Live in the 2,048-sf two story 4 BR 2.5 Baths home and be hands on owner/operators of Wigglebutz. The home has a full unfinished basement with two sump pits. The home is served by propane Gas Forced Air Heat and Central Air plus it has a Generac Backup Generator. The roof is new, and the new cement driveway and parking lot cost $63,000.00. The Seller's recently spent $150,000 running Sewer lines and pumps to tap into the Fort Wayne Sewer System. The property is served by a Well and the Water Softener which is owned and not rented. A new Deck is being built at this time at the cost of approximately $10,000. Wigglebutz Grooming and Boarding operates out of the Barn/Outbuilding, which has 2280 sf. This building is served by two furnaces and two air conditioners and is independently backed up by its own Generac Back Up Generator. The new $63,000 cement driveway and parking lot is also used for customer parking for Wigglebutz. The property consists of 3.11-acres and is approximately 219’ by 600+’ Deep. Wigglebutz operates with 3 full-time and 3 part-time employees with the owners working in and overseeing the day-to-day business. All equipment, such as 80 animal cages and 26 Kennels, are included in the sale. Wigglebutz primary business is grooming and Boarding but expands into Baths, Spas, Day Care and other services. Sales exceed $500,000 in sales and the owners run their business with QuickBooks and are supported by their CPA firm. The owners run the business correctly and have good records to support their business. They serve over 3,000 customers and are picking up new customers weekly. Their business is driven by word of mouth.
PROPERTY TAXES
| Parcel Number | 02-08-01-226-007.002-063 | Total Assessment | £548 (2022) |
| Land Assessment | £548 (2022) | Annual Taxes | £3,877 (£1.86/sf) |
| Improvements Assessment | £0 (2022) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
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Wigglebutz Grooming and Boarding LLC | 10101 Schwartz Rd
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