Business Overview

Make an offer! – A well established dog daycare with Real Estate included and boarding business on a high visibility road within minutes of major interstates in SW Ohio! Absentee Owners currently with little to no daily management of the business necessary. Owners are seeking other opportunities but love this business. Willing to train new owner in all aspects of the business. This is a totally turn-key business with instant income for the right dog lover. There is almost no advertising being done currently. Prior to Covid, sellers state they were turning away customers because they were maxed out. Lower priced vs. competition, and little direct competition locally. Looking for the right business to play with furry friends day in and day out? This is it. Will train the right buyer. Must love Dogs! For additional information please contact listing agent Brandon Owens at 513-392-6750 or brandon@fcbb.com.

Financial

  • Asking Price: $599,500
  • Cash Flow: $101,262
  • Gross Revenue: $190,039
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $700
  • Inventory Included: Yes
  • Established: 2015

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:3,900
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is an owned locations of 3,900 square feet. Seller is not active in the business with 1 FT employee and 6 PT employees. Hours of operation are 7 AM to 7 PM, Monday - Friday. $700 in Inventory and $40,000 in FF&E included in Asking Price.

Is Support & Training Included:

30 Days

Purpose For Selling:

Owner(s) have other interests

Additional Info

The company was started in 2015, making the business 7 years old.
The sale does include inventory valued at $700, which is included in the requested price.

The company has 7 employees and is situated in a building with disclosed square footage of 3,900 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell businesses. Nonetheless, the real reason and the one they tell you might be 2 completely different things. As an example, they may claim "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may just be justifications to attempt to conceal the reality of transforming demographics, increased competitors, recent reduction in earnings, or a variety of various other reasons. This is why it is extremely crucial that you not depend completely on a vendor's word, however rather, utilize the vendor's answer in conjunction with your general due diligence. This will paint an extra practical image of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans so as to cover items such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that have to be met or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in brand-new clients? Often times, companies have repeat clients, which form the core of their daily profits. Certain variables such as new competition sprouting up around the location, roadway building, and also employee turnover can affect repeat clients and negatively impact future revenues. One important point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the greater the opportunity to construct a returning client base. A last idea is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Just how might the local typical household income effect future earnings potential?