SCIOTA, Pennsylvania _ Kate and Ryan Burns of Salt Lake City, Utah, recently purchased property that includes four apartments and a dog sitting service and pet grooming and supply business, The Barking Lot, in Sciota. The property is located at 216 Friemannweg.
Mike Gilbert of Lehigh Financial Group LLC in Allentown helped arrange the financing so the Burns could complete their purchase.
The Barking Lot was founded by Karen Friemann, a graduate of the New York School of Dog Grooming in Manhattan, in 1982. “The business is very, very well established and well branded because it’s been in business for over 30 years,” Kate Burns said.
The Burns plan to make some improvements to the apartments on the property and to continue the well-established pet grooming business. The only change is its name to the Pocono Barking Lot. They will also help the owner to establish a website.
Dog breeders, the Ryans own similar pet grooming businesses across the country, including in Utah and Idaho. When they saw the Sciota property for sale on the Internet, they knew it was a good fit, Kate Burns said. Gilbert was recommended to them by the listing agent. “Mike Gilbert was able to make the commercial loan work for us when others could not,” she said.
The buyer and seller were represented by Terri Mickens of TACM Commercial Realty Inc.
Lehigh Financial Group, LLC is a leading source of innovative real estate capital solutions and financing options for commercial clients. Based in Allentown, the company serves the Lehigh Valley region by providing capital to businesses and investors locally, regionally and nationwide. For more information about Lehigh Financial Group LLC, please see our website at http://www.lehighfinancialgroup.com.
Information and images provided to TVL by:
Beth W. Orenstein