LISTING DETAILS
Listing Status: New
Asking Price: $500,000
Total Sales: $585,100
Real Estate Asking Price: N/A
FFE: $80,000
Year Established: 2019
Employees: 22
Description
Business Summary:
Excellent opportunity to take over an established and reputable business in the growing and sought after pet care industry. The business has been established for over 5 years and is well-known in the suburban Maryland area. The primary services offered are: doggy daycare, boarding, and grooming. The business also provides an array of ancillary pet care services and sells popular treats, toys, and pet supplies making this business a one stop shop for pet owners. The initial build-out of the facility was $650,000 along with a $49,500 franchise fee.
The business employs a team of well-trained, customer-focused, and professional individuals who take pride in the work they do each day. The facility can accommodate up to 120 dogs for daycare and up to 100 dogs for boarding. The team takes the time to get to know each dog and owner by name and works tirelessly to offer the best for the animals in their care. Pet owners also have the ability to check-in on their pets remotely, which is another level of peace of mind for their clientele. The revenue breakdown varies depending on the time of the year, but on average is as follows: Daycare 71%, Boarding 26%, and Spa/Grooming 3%.
There is a loyal and stable customer base with many long standing clients. The business has a great reputation with most of their business coming from word of mouth, referrals from existing customers, and both their online and storefront retail presence. Pet caretakers, boarders, and groomers are very much in demand, so there is an opportunity to expand on the existing operations. The business is fully licensed and insured, and has the backing of a prominent franchise in the pet care industry. The current lease expires in the summer of 2029, so a future owner does not have to immediately worry about negotiating or entering into a new long term lease. Don’t let this opportunity pass you by and contact us today to learn more.
Description of Facilities: The business occupies a 4,200 square foot space retail storefront space in an established open air shopping center. There are numerous residential areas surrounding the center along with larger anchor stores, restaurants, and a mix of other retail and service businesses.
Competition: There is limited direct competition in the immediate area. The closest competitor that offers similar services is approximately 6 miles away.
Growth & Expansion: There is room to grow and expand the business in a number of different ways. A new owner might consider making a modest investment in a new marketing/advertising campaign to create awareness about the business and its services. There is also the potential to offer training and obedience classes in-house as a complement to the doggy daycare services.
Seller Financing Available: Yes
Training & Support: Seller will provide necessary training and support. Franchisor offers support as well.
For more information on this listing, please complete our Non-Disclosure Agreement
