With a proliferation of Pet Parents who have the disposable income to match the love they have for their “fur babies”, this is a unique opportunity to own an established dog boarding and daycare business in one of the fastest growing markets in the country, and to buy it at a bargain price due to the impact of the pandemic.
Seller Discretionary Earnings was $138,000 in 2019. Due to the pandemic, and more dog owners staying at home with their pets, that dropped off considerably in 2020 and early 2021;but the infrastructure and reputation of the business remains in place and is positioned to take this business back to a strong position once more.
The business has been around for more than 15 years and has a great reputation with word-of-mouth referrals and a convenient central location close to major commuting roads, upscale neighborhoods and major employment centers. And the current owner, who also owns the building, will grant a fair lease to a new owner.
Clients can watch their pooches through web-cams as they play in safe, clean and monitored runs. Revenue is approximately 60% overnight boarding and 40% daycare.
Customers are returning, as dog owners and the rest of us “get back to work” or return to travel. Meanwhile, the business is priced to sell to a buyer who has the vision to see it grow again.