Profitable established kennel with outstanding facilities

North Kingstown, RI (Washington County)

Dogs and cats are happy at this kennel
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Asking Price: Get Financing: $1,786,000

Cash Flow: $262,320

Gross Revenue: $502,136

EBITDA: N/A

FF&E: $150,000

Inventory: $300

Real Estate: $1,200,000

Established: 1958

Profitable established kennel with outstanding facilities

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Business Description

This Kennel is one of the largest and most successful kennels for dogs and cats in New England. Located on a beautiful 23 + acre parcel with showgrounds and outside training and exhibition area.There are 61 heated and air conditioned dog kennels with heated indoor runs. There are 16 cat condos 8 cat townhouses located in a different area of the building on the 2nd floor. The kennel building has a full upstairs and has room for expanded facilities on both floors. The upstairs has a very large dog training area with professional matting for cushion and stability. There is a managers apartment with kitchen for those who would need hired on site management. The property has a circa 1700's historic home that needs extensive work but could be a focal point of the property. There is also an old managers mobile home whose foundation could be used for a prefab office/apartment is the new owner wishes to expand more inside the kennel facility. The kennel is situated to minimize any disturbance to neighbors. There are other outbuildings left to assure that a new owner can expand on those old foundations , although the former buildings are tear downs. The delightful and knowledgeable owners are willing to assist a new owner in transition for a limited time. This could be "The"ultimate East Coast facility for beloved pets. Current owners take no credit cards and do not do day care. These are areas that could lead to quick expansion. The community goodwill this kennel has fostered is exceptional. NOTE: No information will be sent without a confidentiality agreement and financial capability agreement signed.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
14,096
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Heated runs, obedience training, office grooming stations
Competition:
Day care and expanded obedience and grooming...very little competition .
Growth & Expansion:
Daycare and grooming, credit cards..expansion within the building.
Support & Training:
As needed. 2 weeks complimentary
Reason for Selling:
True retirement
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(from currently available funds)
 
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Rosalind Rossi-Newton

Business Listed By:
Rosalind Newton

Hewitt Newton Associates

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