Business Overview

Are you passionate about animals and business? This is your opportunity to step into the shoes of the DMV’s most knowledgeable, caring and highly regarded pet services provider.

This is not your run-of-the-mill dog walking or pet-sitting business. Expert staff lead daily adventures to explore park trails and swim local rivers, creeks and ponds. For visitors to DC, prestigious hotels such as the Ritz-Carlton, Four Seasons, Hay Adams and St. Regis refer guests to this business’s concierge services that meet their high standards. And for those who want to go on vacation without causing too much disruption for their dog or cat, trusted at-home supervision is an option.

Word-of-mouth, strategic referral partners, social media and search engine optimization provide ample new client opportunities and marketing efforts could be dialed up further if desired.

This profitable turnkey business is yours to lead either on a semi-absentee basis like the current owner, or as a full-time owner-operator to help maintain the high standards of service that in just over six years have placed this business at the pinnacle of DC-area care for our furry friends.

With a well-trained staff of seven that includes team leaders already in place, bring your vision to grow the business and build on a solid foundation. The existing team can serve 125 to 150 active clients mostly in Washington DC and Northern Virginia (Arlington and Alexandria), but also in Maryland suburbs such Bethesda, Chevy Chase and Takoma Park.

While a-la-carte and concierge services are available, this company focuses on providing recurring daily services charged monthly with a minimum three-month commitment. With over 75% of revenues from recurring clients and a typical service package of almost $700 per month, this business aims for more predictable revenues that allow it to hire top tier staff while offering an attractive wage for the industry.

With a well-proven and effective recruiting, training, services and pricing model already in place, no need to make mistakes before learning how best to operate profitably – the current owner will be there to teach you the craft during a transition period.

Please contact us for more information.

Financial

  • Asking Price: $450,000
  • Cash Flow: $240,000
  • Gross Revenue: $500,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $1,200
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

medical reasons

Additional Info

The deal shall include inventory valued at $1,200, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell operating businesses. Nevertheless, the genuine factor and the one they tell you may be 2 totally different things. For instance, they might state "I have too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might just be reasons to attempt to hide the reality of changing demographics, increased competition, recent decrease in earnings, or a range of various other reasons. This is why it is extremely vital that you not depend completely on a seller's word, however instead, use the vendor's answer together with your overall due diligence. This will paint a much more realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many companies take out loans so as to cover items like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that revenue margins are too tight. Lots of businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that have to be fulfilled or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in new clients? Often times, operating businesses have repeat clients, which create the core of their everyday earnings. Particular aspects such as brand-new competition sprouting up around the area, roadway building and construction, and also employee turn over can impact repeat customers and also adversely influence future revenues. One important point to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the higher the opportunity to construct a returning consumer base. A last idea is the basic location demographics. Is the business placed in a largely populated city, or is it located on the edge of town? How might the neighborhood average family earnings effect future earnings potential?