Kennel, Established Small Animal Boarding and Day Care

MI

Seller Financing Available
Kennel, Established Small Animal Boarding and Day Care
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Asking Price: $815,000

Cash Flow: $133,000

Gross Revenue: $307,000

EBITDA: N/A

FF&E: $22,000

Inventory: N/A

Real Estate: $400,000

Established: 1989

Kennel, Established Small Animal Boarding and Day Care

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Business Description

Boarding and Day Care of pets, including dogs, cats, and small animals, while families are away on vacation or business or when daily schedules do not allow for proper care of their pets. Clientele is primarily couples, families, single professionals and seniors in Washtenaw and Livingston counties with some from as far away as Wayne County.
The business was established in 1989 by the original owner and purchased by the current owner in 1999. The business operates under a land Special Use Permit, plus a Kennel License both issued by the County and which will transfer with the property.

The full-time manager and several longer-term employees will provide continuity following the sale. The employees have invested a lot of personal time and effort to know each pet and any special needs.

The business is offered in an asset sale. Included in the valuation are all the tangible and intangible business assets including inventory and real estate, but excluding cash, cash equivalents, accounts receivable and accounts payable.

Real Estate includes 10+ acres of rolling property consisting of an owner’s residence, plus 5912 sq. ft. (combined) kennel buildings, pole barn construction, concrete floors, heated and air-conditioned, all updated and well maintained. Fenced outdoor play areas with either seal-coated concrete or pea gravel. All buildings are fully utilized with room available for new construction to support growth and expansion.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a rural setting on 10+ acres of rolling property consisting of an owner’s residence, plus 5900 sq. ft. (combined) kennel buildings, pole barn construction, concrete floors, heated and air-conditioned, all updated and well maintained. Fenced outdoor play areas with either seal-coated concrete or pea gravel. All buildings are fully utilized with room available for new construction to support growth and expansion.
Growth & Expansion:
There are a number of possibilities for future expansion. With considerable open acreage, a new owner may consider adding more boarding space and include indoor play/training center. Increasing the day care program, adding obedience or other specialty training programs either under a ‘class’ format or as a component of boarding and day care could prove to be a solid growth strategy. In addition, adding grooming, Spa Services with pet massage, chiropractic, hot oil treatments, etc. could build the business beyond current levels.
Financing:
Seller note may be considered for credit worthy buyer
Support & Training:
A fully trained and capable staff handle the daily operation of the business. The retiring owner is willing to provide transitional training for the new owner and could be available on a part time basis for special needs.
Reason for Selling:
Retirement
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Wendell Brandt

Business Listed By:
Wendell Brandt

MarketPoint Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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