1712 21st St
Santa Monica, CA 90404
FitDog Sports Club LLC · Property For Lease

This is a business opportunity sale for $950,000 with lease assignment. 5% commission to CA DRE licensee on accepted offer. This is a profitable doggie day care, overnight/kennel facility, grooming business. Contact us through the link and you will immediately be sent an NDA to e-sign: https://www.bizbuysell.com/Business-Opportunity/Profitable-Dog-Day-Care-Boarding-Grooming-Business-Absentee-Owner/2207387/?returnurl=d3d3LmJpemJ1eXNlbGwuY29tL2Jyb2tlcmRpcmVjdG9yeS9Qcm9maWxlL1ZpZXdCcm9rZXJQcm9maWxlLmFzcHg%2fQnJva2VyUHJvZmlsZUlEPTM3MTUx&returnurllabel=50 Facility Total 5,000 sq ft facility with 18-foot ceilings, brick walls, front & back parking • Tenant improvements include earthquake retrofitting, ADA compliant facilities, permitting parking, HVAC and roofing • Private boarding: 40 mixed size crates and 25 large dog areas including suites • 3,000 sq ft play yard separated into three play areas with vinyl fence, flushable potty stations, cushioned rubber flooring, drainage, and air circulation • Office and front desk with touch screen computers • Employee break room with refrigerator, lockers, microwave, and sink • Lobby with OPTO retail installation, TV monitors, and A/C • Grooming area with grooming tub, table, and storage • Meal prep area, storage lockers, dish cleaning station, mopping and chemical station, washer & dryer Unbeatable Location Located in the highly sought after city of Santa Monica, CA and close to office parks such as the Water Garden, Pen Factory, Lantana & more • Close to the 10 freeway off of the Cloverfield exit and near public transportation • Within two miles of over 20 luxury apartment complexes • High income area with average household income of $158k • Limited competition in Santa Monica – Only two other overnight facilities • High barriers to entry for new overnight boarding due to strict zoning regulations, parking requirements and lengthy permitting process Zoning: “Industrial Conservation” Zoned for current use with the City of Santa Monica Parking: Nine parking spaces, including one handicap and one loading area; parking spots are located in front and behind the building Parking is grandfathered for current use with the City of Santa Monica Lease Rate: $15,915.50 per month with 3% annual escalation Lease Terms: Triple net industrial lease agreement. Property taxes are ~$8k annually Lease Expiration: October 31, 2029 Lease includes clause that allows buyer of equal or better credit standing to assume lease. Strong Financial Performance • Consistent profitability over nearly a decade of operations • Dog care revenues of $1.36mln in 2022 and est. $1.47mln in 2023 High Net Worth Client Base • Client base is high net worth individuals and families living and/or working on the Westside of Los Angeles. • Clients include executives and professionals in entertainment, technology, financial, medical, and legal industries. • Average household income in Santa Monica is $158k Fully Trained and Capable Staff • All employees are trained using Fetch Find training videos and proprietary training presentations (Note: transitioning to ProPack) Highly Desired Santa Monica Location • Located in prime Silicon Beach location in the city of Santa Monica near luxury apartments, office parks (Water Garden, Lantana and Pen Factory), the 10 freeway, and public transportation Contact us through the link and you will immediately be sent an NDA to e-sign: https://www.bizbuysell.com/Business-Opportunity/Profitable-Dog-Day-Care-Boarding-Grooming-Business-Absentee-Owner/2207387/?returnurl=d3d3LmJpemJ1eXNlbGwuY29tL2Jyb2tlcmRpcmVjdG9yeS9Qcm9maWxlL1ZpZXdCcm9rZXJQcm9maWxlLmFzcHg%2fQnJva2VyUHJvZmlsZUlEPTM3MTUx&returnurllabel=50 Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified. DRE #01963614