Businesses For Sale > Business For Sale in Charlotte, North Carolina, North Carolina (NC)
Dog Boarding with Daycare: Non-Franchise for sale in Charlotte, North Carolina, NC
Charlotte, North Carolina, North Carolina (NC)
Asking Price: |
Gross: |
Cash Flow: |
$ 1,225,000 |
$ 1,027,253 |
$ 343,203 |
Furniture and Fixtures Value:
$ 200,000 (not included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
This dog boarding business has grown to over 1 million inyearly revenue while maintaining a 32% Profit Margin –putting $343,000 in the owners pocket each year! Locatedjust outside of Charlotte North Carolina, this businessstands out above the rest, with a large fenced in swim areafor dogs and well-maintained Dog Suites, this businessprides itself on the excellent service provided to theirclients. This business utilizes 55 rooms, these suites rangein size with the largest family suite accommodating up to 4dogs. Established in 2003, this pet resort caters to both thepet and pet owners needs by offering boarding, training,and daycare. They have over 1,000 active customers in ayear, and many travel 6 or more times per year. Theknowledgeable staff include an Office Manager, a KennelSupervisor, 2 drivers, 6 on Kennel Staff, and a consultanttrainer. The well-trained staff in place allows the owners towork part time as they enter retirement. There are 5fenced in playing areas for the dogs to run in with an80x80 training pen where behavioral classes are held.Priced at $1,225,000, this business is primed and ready fora new owner to step in and experience the joys of owninga high-end pet resort. A 10% down payment of $122,500returns $173,117 in the first year after debt payments!While a new owner could step in and continue operationsas is, there are opportunities for growth. Theseopportunities include, expanding their current trainingprogram to include “at home” training services, host moreevent, and add programs that are focused around petwellness. On average this business has a minimum of 20dogs in their care, and at times there are 100 dogs on afull day. The majority of their clients are obtained throughword of mouth due to their excellent reputation within theircommunity, the rest are obtained through social media andbrochures strategically placed in veterinary offices.
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Year
Business was Established: 2003 |
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Number of Employees:
13 |
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Facilities / Terms of Lease:
: Room for 100+ pets with 55 “Dog Suites”, 5 play
yards in addition to the fenced in swimming area |
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Potential
Growth/Expansion:
Host events at their spacious
location. Add more programs for pet wellness |
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Owner
willing to finance:
10% Buyer Down Payment $122,500 10% Seller Financing $122,500 80% Bank Loan $980,000 |
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Owner
willing to train:
6 months |
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Reason for selling:
Retirement Planning |
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Seller Reference Number: PET020-B
BusinessMart.com Listing Number: 301545 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Cortney Sells
The Firm
4029985288
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