10101 Schwartz Rd Fort Wayne, IN 46835
- Retail properties
- 4,400 SF
- 3.11 lot acres
Current Use by Public Records
- Wigglebutz Groom & Boarding / Pet Groomer
- Dedicated Home Inspection Services / Home Inspector
Property Details for 10101 Schwartz Rd
- Year built
- 1993
- Lot size
- 3.11 lot acres
- Property size
- 4,400 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.0075
- Latitude
- 41.1782
