LISTING DETAILS
Listing Status: Sold
Asking Price: $90,000
Total Sales: $202,034
Cash Flow: $47,203
Real Estate Asking Price: N/A
FFE: $500
Year Established: 1998
Employees: 11
Description
Business Summary:
Great opportunity for a pet lover or entrepreneur to own a prominent and reputable dog walking business. The operation has been established for over 20 years and averages around 500 visits per month (in 2022), but the 5-year average is over 900 visits per month. There is currently a customer base of over 500 clients. The walking and pet sitting is handled by a team of 11 walkers and sitters who are classified as independent contractors. The business currently serves clients in a 5 mile radius in western Fairfax County, but the service area could be expanded to surrounding markets by a new owner.
The business has hundreds of excellent reviews on many popular online platforms and has also been the recipient of “Best of” accolades by local publications. In addition to the walkers/sitters, there is currently a part time assistant who helps clients with scheduling/reservations and handles other administrative duties. The business currently operates out of a small coworking space in Northern Virginia, but could also be operated from a home office or moved to another location in the service area.
There is a very loyal and stable customer base with many long-standing clients! The company has a great reputation with most of their business coming from word of mouth, referral relationships, and their website. The business has a team of caring, reliable, and professional walkers and sitters who are dedicated to their customer’s pets and their needs. The company is fully licensed, bonded, and insured with excellent company standards to ensure top notch pet care and services are provided to clients and their pets. Please note, the advertised revenue and cash flow are the Trailing 12 month period of April 1 2022 - March 31 2023 with the buyer overseeing, managing and operating the business (roughly 30-35 hours a week).
Description of Facilities: The business operates out of a small office in an office building in Northern Virginia that is leased for $263/month. The current contract expires in September 2023, but the business could also easily be operated from a home office.
Competition: There is standard competition for the industry and market, but this business has been established for over 20 years and has a stellar reputation in the area. There is a client base of over 500 contacts and an experienced team of walkers in place.
Growth & Expansion: A new owner could focus more on pet sitting/boarding, hire additional walkers, or increase service to surrounding areas. Most of the new business is generated through referrals/internet searches and there isn’t much spent on marketing or advertising efforts. The business commonly receives inquiries from clients who are outside the current service area, so there is room to grow and expand in this area as well.
Seller Financing Available: No
Training & Support: Seller will provide necessary training and support.
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