CHARLOTTE, North Carolina
| Asking Price |
$1,225,000 |
Year Established |
2003 |
|
| Annual Revenue |
$1,027,253 |
Reason for Selling |
Retirement Planning. |
|
| Annual P/L |
|
Attention |
Jared Olson |
|
| Annual Cash Flow |
$343,203 |
Listing Number |
645777 |
|
| # of Employees |
13 |
Business Category |
Services: Pet Care & Grooming |
|
Business Overview:
This dog boarding business has grown to over 1 million in yearly revenue while maintaining a 32% Profit Margin – putting $343,000 in the owners pocket each year! Located just outside of Charlotte North Carolina, this business stands out above the rest, with a large fenced in swim area for dogs and well-maintained Dog Suites, this business
prides itself on the excellent service provided to their clients. This business utilizes 55 rooms, these suites range in size with the largest family suite accommodating up to 4 dogs. Established in 2003, this pet resort caters to both the pet and pet owners needs by offering boarding, training, and daycare. They have over 1,000 active customers in a year, and many travel 6 or more times per year. The
knowledgeable staff include an Office Manager, a Kennel Supervisor, 2 drivers, 6 on Kennel Staff, and a consultant trainer. The well-trained staff in place allows the owners to work part time as they enter retirement. There are 5 fenced in playing areas for the dogs to run in with an 80x80 training pen where behavioral classes are held.
Priced at $1,225,000, this business is primed and ready for a new owner to step in and experience the joys of owning a high-end pet resort. A 10% down payment of $122,500 returns $173,117 in the first year after debt payments!
While a new owner could step in and continue operations as is, there are opportunities for growth. These opportunities include, expanding their current training program to include “at home” training services, host more event, and add programs that are focused around pet wellness. On average this business has a minimum of 20 dogs in their care, and at times there are 100 dogs on a full day. The majority of their clients are obtained through word of mouth due to their excellent reputation within their community, the rest are obtained through social media and brochures strategically placed in veterinary offices.
Property Features and Assets:
Assets/ Equipment: Over $200,000 – 2019 Ford Transit, 2017 Nissan NV3500, 2013 Nissan NV3500, kennels, tubs, inventory
Market Competition and Expansion:
Growth Opportunities: Host events at their spacious location. Add more programs for pet wellness.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity