In-Home Pet Sitting in Twin Cities Recurring Rev.

Hennepin County, MN

Seller Financing Available
In-Home Pet Sitting in Twin Cities Recurring Rev.
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Asking Price: $560,000

Cash Flow: $88,961

Gross Revenue: $251,831

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2009

In-Home Pet Sitting in Twin Cities Recurring Rev.

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Business Description

This long established pet sitting service executes over 9,000 quality pet visits for cats and dogs each year. Consistently profitable and boasting of high reviews and testimonials, this business is expected to allow a buyer to hit the ground running. Fully licensed, insured and bonded, this business has developed a reputation of integrity that produces a high percentage of repeat customers with recurring weekly revenue.

Detailed Information

Location:
Hennepin County, MN
Employees:
27
Facilities:
Perfectly suited for in-home management, this business is relocatable within the trade area. There is no lease or real estate to negotiate with this business, which decreases uncertainty and stress during due diligence period and financing. Starting as a one person show 10 years ago, it has continued to grow through 27 sitter positions today. Sitter positions are independent contractors and have very low turn-over. Some of them are the original sitters since starting the business 10 years ago.
Competition:
This business offers an alternative to boarding kennels and doggie daycare, to provide minimal disruption to the pet’s routine. The pets stay at home where they are the most comfortable and receive one-on-one attention with no exposure to other pets’ diseases. The demand for in-home pet sitting services out paces the supply for the past several years. Competitors frequently work with each other to help with jobs they are unable to cover. This business offers longer visits, over-night services, larger operating areas, and higher numbers of high ratings and reviews than any other competitor.
Growth & Expansion:
New pet sitting requests are turned down each week due to being at capacity for the current number of pet sitters. They have just set new records for monthly year over year revenues. Double digit growth could be achieved by procuring additional pet sitters.
Financing:
460000.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Scott Hislop

Business Listed By:
Scott Hislop

Transworld Business Advisors of Minnesota

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