Raleigh-K9 Hotel

Raleigh, NC (Wake County)

Raleigh-K9 Hotel
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Asking Price: $1,050,000

Cash Flow: $395,000

Gross Revenue: $1,175,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2010

Raleigh-K9 Hotel

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Business Description

Award winning luxury pet hotel providing un-matched services and facilities for pet owners who care about how their dogs are boarded and cared for when they are away. A home away from home for their pets. Our premium product and pricing strategy allows for a differentiated offering in the market place while driving top line revenue and profitability in the business.
Fun Facts:
55% of American households have pets
60 million households own one or more dogs
Urban-rural divide provides challenges for pet owners
Dog ownership up 29% in last decade

Upscale dog daycare and overnight boarding business.
$65 billion industry
Petcare industry 20 consecutive years of double digit growth
Multiple streams of revenue
Few employees
Simple and Easy business
70% boarding and 22% day care
Average revenue $1.2 million, $400K EBITDA
The average customer revenue is $1200
Top 50% of customers generate 84% of the revenue
73% customer retention rate
Average investment $900K-$1.3 million, financing available 10-20% down.

This is a culture brand in the pet boarding segment. High margins on a recession proof service. Recurring stream of revenue.

Detailed Information

Employees:
6
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Ed Hines

Business Listed By:
Ed Hines

EH Marketing

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