Keep Pet Stylista in Oak Park

$4,670 of $10,000 goal

Raised by 77 people in 18 months
This is Peni Wilson.  I started Pet Stylista with 700 sq feet.  In just less than 3 years we have grown to 1,500 sq feet and provide a livelihood for 7 employees. The business is profitable enough that I have been able to reinvest in the business for this growth. We pay our employees above board, through a payroll service and are building a benefit package as we grow.

The building we are located in is being sold and we are at risk of not only losing this space but having to leave OP all together as there is no other location appropriate for our use in this area. I would like to purchase the building and  have been qualified for a SBA business loan but lack the liquidity for the down payment and required reserves. I would have done this through a professional venture capitalist service but time is urgent with the building listed for sale now. 

It would mean so much to have our customers and the community show their support in keeping our pet grooming business here in Oak Park by donating.
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Wrap up: I am sad and disappointed that although I am a successful and growing business I cannot afford to purchase a building. But I know I have to count my blessings - I am a successful and growing business!!

Although it is not 100% it looks like the building will be purchased by a neighbor who will live upstairs and keep Pet Stylista downstairs.

Accounting: $500 was spent on the inspections which helped to put hard numbers to the repairs required. The remainder is in savings and will remain there as a beginning to my goal to put the business in a more secure position for future uncertainty.

I can't stress enough how much your support and encouragement has meant to me. When you start a business and set a mission one of the challenges is to communicate that philosophy to your customers and as I have grown, to my staff.

My upmost priority is to provide a grooming experience with loving, positive reinforce to your pets. The spa environment is second most important to me and has been harder to maintain with the rate we have grown. I believe our new landlord will help me make the physical changes required to bring back the quieter atmosphere we started with.

I look forward to many more years of serving you and your pets with grooming services.

Most sincerely,
Peni

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Happy Holidays. I owe you wonderful people an update. The building is still up for sale. I am working with a commercial real estate broker to look at other options. I have to believe there is something out there for me not too far away from Oak Park. Keep up the good thoughts and encouragement; It is what keeps me going.
Sincerely,
Peni
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It has been too long since I have updated. We are in a very tiring holding pattern. The owner needs the money and wants his asking price and I cannot afford to pay it. So, we will see what the market tells us and meanwhile I am looking at other options.

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Your donations are helping us to move forward with our efforts: The building inspection went well ($659). Didn't reveal any major problems. A couple of medium issues, and lots & lots of minor repairs. We are getting estimates for the work. The pest inspection ($230) showed some of the same medium to minor issues.

The appraisal is going to be $2,000 for a commercial building (residential are $500) and then an environmental study for $2-3,000 (yikes).
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Read a Previous Update
Barbara Stitzel Misleh
15 months ago

If the property appraised for the contract price, he should hold his price. It is a great property with lots of potential. If it didn't appraise for the contract price, and you cannot afford the additional down payment, it is probably best to move on. I seem to recall your financial partner was only on board for this property. That may make it tougher to find another property. Good luck.

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Patris Artist
15 months ago

Hang in there Peni. Stay strong and focused on your dreams. Sometimes our dreams take us in unexpected directions--we just never know the miracles that can happen when we keep the faith, take daily action, and remain strong. You can do it!

+ Read More
Cheryl Kees McLemore
15 months ago

I'm assuming that there was an appraisal. Did it verify that the asking price is fair? Please don't lose ❤️ faith, Peni. It will happen; maybe not here, but it will happen.

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Andi Memyself
15 months ago

how can he do that?

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Cheryl Kees McLemore
16 months ago

Wow! That's fantastic, Peni. It's all coming into fruition.

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Devoney Dean
16 months ago

Yay!! Fantastic news!!

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Patti Bradley
16 months ago

So happy for you!

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Jane Smith Oxnaes
17 months ago

Congratulations. I am so deligthted your dreams are coming true!!

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Rosanna Herber
17 months ago

Hi Peni, I guess I'm behind the times. I didn't know about your Go Fund Me effort until I saw it on Facebook this morning. I'm so happy for you! Yes, you need to be in this building, and in Oak Park. You are a gem!

+ Read More
Rachel Carter
17 months ago

Now that you are back in the running, shared again on Facebook.

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Sherri Skondras
17 months ago

Well done Peni. Don't be afraid. Go after what you deserve!!!

+ Read More
Linda Brewer
17 months ago

OMG! this is totally freaking GREAT.

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Barbara Sena
17 months ago

Peni, I wish you nothing but luck either remaining where you are at or finding a new location. I will follow you where ever. You put up with Lucky and that's good enough for me. I'm letting everyone I know about this.

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Cathy Arnold
17 months ago

That is good news, Peni! Charsi, Flucky, and I sighed with relief.

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Barbara Thalacker
17 months ago

We all hope that is true. Keeping the spave would be wonderful. But never fear. We will follow you and Jamie. Thanks for the update.

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Laurie McBride
17 months ago

So sorry to hear this, Peni. But never fear, we will follow!

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Cathy Arnold
17 months ago

The OP has your back :)

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Cathy Arnold
17 months ago

See what they want to do with the place! Maybe something can happen there!

+ Read More
Cheryl Kees McLemore
17 months ago

It will all work out. The next new place will be even better. Meant to be. I'm sending good vibes to you!

+ Read More
Cathy Arnold
17 months ago

Can you talk to the other buyer? Do they know your story?

+ Read More

$4,670 of $10,000 goal

Raised by 77 people in 18 months
Created August 31, 2016
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CH
$55
Cynthia Henninger
14 months ago

We are donating 10% more than last time-Challenge to others who support their local businesses. Our pup loves the stylists at Pet Stylista, and Peni is the most civic minded owner, who cares about the welfare of pets & her employees!

TM
$25
Ted Maupin
15 months ago

Ted absolutely loves you and Brian and I love Ted more after he visits! Good Luck!

RA
$100
Ruby Alger
16 months ago

Wishing you much success in your real estate endeavor.

$10
Anonymous
17 months ago
$50
Rosanna Herber
17 months ago

Dreams do come true! It can happen to you!

Barbara Stitzel Misleh
15 months ago

If the property appraised for the contract price, he should hold his price. It is a great property with lots of potential. If it didn't appraise for the contract price, and you cannot afford the additional down payment, it is probably best to move on. I seem to recall your financial partner was only on board for this property. That may make it tougher to find another property. Good luck.

+ Read More
Patris Artist
15 months ago

Hang in there Peni. Stay strong and focused on your dreams. Sometimes our dreams take us in unexpected directions--we just never know the miracles that can happen when we keep the faith, take daily action, and remain strong. You can do it!

+ Read More
Cheryl Kees McLemore
15 months ago

I'm assuming that there was an appraisal. Did it verify that the asking price is fair? Please don't lose ❤️ faith, Peni. It will happen; maybe not here, but it will happen.

+ Read More
Andi Memyself
15 months ago

how can he do that?

+ Read More
Cheryl Kees McLemore
16 months ago

Wow! That's fantastic, Peni. It's all coming into fruition.

+ Read More
Devoney Dean
16 months ago

Yay!! Fantastic news!!

+ Read More
Patti Bradley
16 months ago

So happy for you!

+ Read More
Jane Smith Oxnaes
17 months ago

Congratulations. I am so deligthted your dreams are coming true!!

+ Read More
Rosanna Herber
17 months ago

Hi Peni, I guess I'm behind the times. I didn't know about your Go Fund Me effort until I saw it on Facebook this morning. I'm so happy for you! Yes, you need to be in this building, and in Oak Park. You are a gem!

+ Read More
Rachel Carter
17 months ago

Now that you are back in the running, shared again on Facebook.

+ Read More
Sherri Skondras
17 months ago

Well done Peni. Don't be afraid. Go after what you deserve!!!

+ Read More
Linda Brewer
17 months ago

OMG! this is totally freaking GREAT.

+ Read More
Barbara Sena
17 months ago

Peni, I wish you nothing but luck either remaining where you are at or finding a new location. I will follow you where ever. You put up with Lucky and that's good enough for me. I'm letting everyone I know about this.

+ Read More
Cathy Arnold
17 months ago

That is good news, Peni! Charsi, Flucky, and I sighed with relief.

+ Read More
Barbara Thalacker
17 months ago

We all hope that is true. Keeping the spave would be wonderful. But never fear. We will follow you and Jamie. Thanks for the update.

+ Read More
Laurie McBride
17 months ago

So sorry to hear this, Peni. But never fear, we will follow!

+ Read More
Cathy Arnold
17 months ago

The OP has your back :)

+ Read More
Cathy Arnold
17 months ago

See what they want to do with the place! Maybe something can happen there!

+ Read More
Cheryl Kees McLemore
17 months ago

It will all work out. The next new place will be even better. Meant to be. I'm sending good vibes to you!

+ Read More
Cathy Arnold
17 months ago

Can you talk to the other buyer? Do they know your story?

+ Read More
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