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The Wall Street Journal Online

Terrific Pet Care Business and Property - SunBelt Southwest

Las Cruces, New Mexico (Dona Ana County)

Seller Financing Available

Photo Available
Asking Price:
$220,000
Gross Income:
$140,000
Cash Flow:
$68,000
EBITDA:
$68,000
FF&E:
$40,000.00 *
Inventory:
$2,000.00 *
Real Estate:
Purchase or Lease **
Year Established:
1958
Employees:
N/A
Business Types:
Pet Care & Grooming
Pet Shops & Supplies

** not included in the asking price

* included in the asking price

Business Description

Situated on almost one acre of wooded property in a country-like setting, this facility has served South New Mexico and West Texas continuously for over 50 years. This is a full-service pet care facility offering high-quality pet boarding, pet daycare and pet grooming services to customers in Southern New Mexico, the El Paso, TX area and visiting guests.

The real estate includes 3 separate buildings, a) the office/lobby/grooming building, b) the kennel building, and c) a separate 3-bedroom residence. The kennel building features indoor/outdoor runs and is climate-controlled. There are also large, secure daycare and play runs on the grounds, and a large boarding and daycare capacity of 50+ pets. There is also expansion room on the property.

The business has a terrific client base and reputation and is a solid, ongoing business in all economies. This is a completely turnkey operation for the prospective owner. Net cash operating income averages approximately $60,000 per year over last 3 years and could be significantly increased with full-time owner/operator, existing pricing, capacity, equipment, facilities and good business practices

This property and business is ideal for a business-minded and pet-loving couple or family that want to live in the residence and operate the business together, or alternatively to use the residence building as a veterinary facility, for a pet caretaker residence, or a third-party rental residence. There is also additional space behind the existing structures for future expansion and/or structures.

Seller/owner will consider substantial FINANCIAL ASSISTANCE on reasonable terms with substantial down payment and will offer initial support and/or consulting as mutually agreed to assure smooth transition. It is preferred real estate be purchased outright (value approx $250K), although a long-term lease will be considered.

Detailed Information

Facilities:
The property is situated on almost one acre of wooded property in a country setting. The real estate includes 3 separate buildings, a) the office/lobby/grooming building, b) the kennel building, and c) a separate 3-bedroom residence. The kennel building features indoor/outdoor runs and is climate-controlled. There are also large, secure overflow runs on the grounds, a playtime yard and a large boarding capacity of 50+ pets. The real estate is in a prime location. An independent appraisal of value will be offered for serious buyers.
Competition:
The boarding & grooming services enjoy a high level of customer loyalty and satisfaction in relation to the competition and we have the largest boarding capacity within 50 miles. The location is 2nd to none, on a wooded property in a country setting. Word-of-mouth referrals for both boarding and grooming, along with our Website, are outstanding business drivers.
Growth/Expansion:
While the facility is quite extensive, expansion of boarding capacity is definitely a possibility, and other substantial services (e.g. veterinary and/or retail store and gift shop) is also quite possible using the existing facilities on the property.
Financing:
Financial assistance w/50% down for real estate and business enterprise
Support/Training:
Support and training is certainly available to assure a smooth transition. Grooming, kennel and property maintenance services can be supported on a mutually agreeable basis.
Reason Selling:
Owner/Operator Health
Contact Seller

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Business For Sale Listed By

Ken Namjestnik

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