Recently Renovated Pet Boarding, Daycare, and Grooming Business
Recently Renovated Pet Boarding, Daycare, and Grooming Business
Price: $150,000
Location: Dallas-Fort Worth metroplex
Industry: Pet Care (except Veterinary) Services
Listing ID: 100578
DESCRIPTION
Recently upgraded pet boarding, daycare, and grooming business is available in the Dallas-Fort Worth metroplex. The pet resort is highly rated on Google and Yelp (almost 5.0 on Google) and performs well in SEO and search results. The facility is located in a retail area near several major big box stores and off of a highly traveled road. The area offers strong demographics with approximately 250,000 people living within a 5-mile radius with an average household income of over $130,000.
Over $175,000 was invested in the facility and recent upgrades include artificial turf, new flooring, and a new CCTV and alarm system. This is a turnkey business that can be run either absentee or owner-operated. The business is currently run owner absentee with a manager in place. This opportunity would be ideal for a dog lover or groomer who wishes to own and operate a business or for someone looking for a semi-absentee investment.
LISTING DETAILS
Total Sales: $323,742
Cash Flow: $57,108
FFE Included: Yes
FFE: $50,000
Inventory: $1,000
Inventory Included: Yes
Reason For Sale:
Pursue other opportunities
Training & Support:
The current owner is offering training and support during the transition period.
OPERATION
Year Established: 2013
Employees: 9
LOCATION
Monthly Rent: $6,200
Type of Location: Retail strip center near several major big box stores and off of highly traveled road (26,000 vehicles per day).
Square Footage: 3500
SUMMARY
Competition:
There are several competitors in the area, which is indicative that the area has strong demographics for this market. This business competes on its high level of customer service, level of care for the dogs, and overall value.
Potential Growth:
There are several opportunities to grow the business including investing in marketing and advertising, adding groomers, improving results from being owner-operated, and adding activity-based pricing.
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