Listing ID: 82111
This multi-revenue pet center offers a natural environment for dogs to be dogs. Multi revenue streams include: interactive doggie daycare, overnight boarding, grooming, retail, and a pet taxi. This center for dogs is home to the happiest dogs on the planet. Our customers really appreciate our services. The business creates extremely high gross margins from the various revenues thus making this business very profitable and predictable. No prior experience is needed because of the training and support. Nearly 50 hours of time will be spent with the new owner on dog handling which includes training on grouping and managing dogs as well as pack behaviors. This business continues to grow.
-High Net Profits Business
-Few Competitors in the Local Market
-Fun and Fulfilling Business to Own
-Executively Managed/Operated Business
-Full Training, Licensing and Ongoing Corporate Support Included
Contact Chris for detailed information about this business.
- Asking Price: $350,000
- Cash Flow: $244,000
- Gross Revenue: $875,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2015
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Contact for detailed information about this business.
Full training, licensing and support will be included.
Popular name in the industry.
High demand allows for long-term growth of this business.
The company was founded in 2015, making the business 7 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals decide to sell operating businesses. Nonetheless, the true reason vs the one they tell you may be 2 completely different things. For instance, they might state "I have too many other commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may just be reasons to attempt to hide the reality of changing demographics, increased competitors, current decrease in revenues, or a range of various other reasons. This is why it is really essential that you not depend absolutely on a vendor's word, however instead, make use of the seller's answer together with your total due diligence. This will repaint a much more reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses finance loans so as to cover points like supplies, payroll, accounts payable, and so on. Remember that sometimes this can suggest that earnings margins are too thin. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area bring in new consumers? Many times, operating businesses have repeat consumers, which develop the core of their day-to-day earnings. Specific aspects such as brand-new competitors growing up around the location, roadway building, as well as personnel turn over can affect repeat customers as well as negatively impact future revenues. One important point to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the greater the opportunity to build a returning customer base. A last idea is the basic area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? Just how might the neighborhood mean family income effect future revenue potential?