Business Overview

Award winning, turn-key, homebased business specializing in home pet care is now available for a seller approved animal lover. A reputation of excellence led to the distinguished honor of being named, “Best of the Best” by Angie’s List and a 5-star approval rating on Google, providing substantial customer generated venues. This well laid-out platform on the website not only draws traffic from Google, but successfully funnels prospects through to the sign-up software requiring a credit card, eliminating collections, and simplifying the process by automatically creating a schedule. Once schedule is created, owner simply assigns a worker to meet the customers’ pet sitting requests. This streamlined process has minimized actual work hours to approximately 20-25 hours per week. Room for exponential growth exists via development of a social media presence through Facebook, Instagram, Twitter, etc. and integrating a recently acquired, highly sought-after domain that is currently not being utilized. This domain could be linked to the current website to expand revenue generating venues such as offering products online and developing a blog and/or YouTube channel. Great opportunity to own a profitable, easy-to- run business that you can operate as is, or expand significantly, right out of your house! Sitters are insured and bonded, which creates peace of mind for the customers. Seller is willing to train to ensure a smooth transition. Please refer to CBB Listing #8264

Financial

  • Asking Price: $250,000
  • Cash Flow: $103,650
  • Gross Revenue: $251,168
  • EBITDA: N/A
  • FF&E: $7,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2010

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:13
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home-based business (Home Based)

Is Support & Training Included:

Seller will train

Purpose For Selling:

Retirement

Opportunities and Growth:

Develop social media presence: Facebook, Instagram, Twitter Blogging, YouTube channel utilizing the recently purchased domain Offer products for sale: Pet foods and treats, pet toys and supplies, etc. Offer house/pet sitting for “out of town” customers.

Home Based:

This Business Is Home Based

Additional Info

The company was founded in 2010, making the business 12 years old.

The company has 13 Contr., 1Pt employees and resides in a building with estimated square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell businesses. However, the true reason vs the one they say to you might be 2 totally different things. For instance, they might state "I have too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be justifications to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in incomes, or an array of other factors. This is why it is extremely vital that you not count totally on a vendor's word, yet instead, utilize the seller's answer together with your total due diligence. This will paint a more reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering points like supplies, payroll, accounts payable, and so on. Remember that in some cases this can imply that earnings margins are too tight. Lots of businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that must be met or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area attract brand-new consumers? Many times, operating businesses have repeat clients, which create the core of their daily revenues. Certain elements such as new competition sprouting up around the area, roadway construction, and staff turn over can affect repeat consumers and adversely influence future earnings. One essential thing to consider is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business often, the higher the possibility to construct a returning customer base. A last idea is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the edge of town? Just how might the neighborhood typical household earnings effect future revenue potential?