Award Winning Dog Daycare, Boarding, and Grooming Business

Sold

About the Business:

This is your chance to purchase an  award-winning pet care business — a long time staple in an up-and-coming neighborhood of Lexington, with a firm hold on an exploding industry. Pet ownership has accelerated in 2021, rising to an all-time high of 70% of households in the US. The pet industry is expected to reach 110 billion in the US in 2021! This is your chance to grow with a healthy industry.

The business has an established base of qualified guests (IE: screened and well-behaved dogs), not to mention a growing waitlist. The business has a stellar manager willing to stay on during a transition for multiple years, as well as an owner willing to come and train the new owner.

“Cash Flow” is intended to approximate the funds available to a single working owner/operator; it excludes the expenses of income taxes, depreciation and amortization, interest, non-recurring items, non-operating items, and items made at the discretion of the owner including owner’s salary and benefits.

About the Sale:

Management and training support:
Seller to provide assistance as mutually agreed to insure a smooth transition, including 1—2 weeks of on the job training.

Reason for selling:
Owner has moved out of state.

Additional Details:
Confidential information about this opportunity is available to qualified buyers upon signing a Confidentiality Agreement and completing a Buyer Profile – these documents are available on this website’s For Buyers page.

Details

Price: $549,500
Gross Sales: $349,951 in 2019
Cash Flow: $108,118 in 2019
All FF&E Equipment:
Real Estate Offered At:
Facilities: Included in Purchase
Inventory: Included in Purchase
Employees: 2 full time + 2 part time (Owner is out of state.)