Large TX Kennel Priced Substantially Below Appraised Real Estate Value

TX

Large TX Kennel Priced Substantially Below Appraised Real Estate Value
Contact Seller

Asking Price: $2,500,000

Cash Flow: $203,000

Gross Revenue: $1,278,000

EBITDA: $203,000

FF&E: $111,500

Inventory: $64,000

Real Estate: $4,900,000

Established: 1982

Large TX Kennel Priced Substantially Below Appraised Real Estate Value

Save Print Share Valuation Report

Business Description

Long-time pet boarding, pet daycare, pet grooming and dog training facility, located in South Central Texas providing quality pet care for dogs, cats and birds. This business has been providing quality pet services for decades and has a great reputation and large customer list. There is a well-tenured staff in place to keep the business running smoothly.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
31,257
Employees:
14 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This expansive complex of an approximately 31,275 sq. ft. facility located on approximately four acres of land has many climate controlled areas as well as a large outdoor training area. There is a large amount of underutilized indoor and outdoor space. Total dog kennel capacity alone is 166 suites. The business is in a prime location with easy ingress and egress from a major thoroughfare. The Real Estate has been appraised at $4,900,000 and the business is priced to sell at this greatly reduced asking price far less than the appraised Real Estate value.
Growth & Expansion:
There is plenty of opportunity for growth and expansion with the geographic location for this business projected for steady growth with a very high number of pet owners. This would be an ideal business for a veterinarian to purchase and expand by offering veterinarian services or to separate their kennel business from the vet practice. Pet lovers looking for a profitable lifestyle business could grow this business as a Pro Forma at 50% occupancy shows this business could generate $708,432 EBITDA.
Support & Training:
30 days transition. There is a general manager who will stay who is running the business.
Reason for Selling:
Owner is retiring.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Lawrence (Larry) Schumann, M&AMI, CBI

Business Listed By:
Lawrence (Larry) Schumann, M&AMI, CBI

Corporate Investment

Show Phone Number

View My Listings

Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1605473 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Clothes MentorĀ®

Franchise Opportunity
Capital Required: $226,500