Dog & Cat Boarding Business with Real Estate

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Profitable Business Model with Appreciating Real Estate Value
Asking Price:
$2,150,000

Gross Revenue:
$820,000
Cash Flow:
$400,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$1,150,000
included in asking price

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Business Description

This business is a dog and cat boarding kennel with real estate. The “Pet Vacation” business model inspires clients to drop their animals to be pampered in style, featuring grooming, multi-pet suites, frequent interaction with staff and plenty of attention. The part-time staff of 8-10 tend to be young, energetic college students that love animals and their work.

The local population is a perfect demographic for pets with a median household income of approximately $69,000 per year, average age of 34 and an average household size of 2.4 people. This Clark County demographic is an affluent mix of young professionals, many of whom are substituting pets for children, traveling more frequently and increasing demand for pet boarding services.

The staff handles day to day operations with the owner fulfilling the executive management role in the business (15 to 25 hours per week depending on seasonality). Competition is limited, the likelihood of new kennels entering the marketplace offering pet boarding is low, due to the unique land use and type of buildings necessary as natural barriers to entry.

The lead business broker for this business & real estate at IBA is Jeff Bryan. Mr. Bryan can be contacted directly at (425) 420-0872 or jeff@ibainc.com.

About the Business

Real Estate:
Owned
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The seller will provide an appropriate transition training and consulting period to smoothly transfer ownership of the business.
Seller Financing:
The seller will finance $1,000,000 of the transaction for a qualified buyer.

Listing Info

ID:
1598321
Ad Detail Views:
0

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U.S. Census Data for Clark County, WA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Clark County, WA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.