Property Highlights
| Excellent Location |
High profit margins |
| No restrictions on expansion |
| New facilities |
| High income demographics |
| Residence included |
Property Description
Dog boarding, daycare, and grooming services offered on 2.8 acres of trees and beautiful rolling hills. All of this, AND a residence, right outside of Houston TX! What a clever design! This is an 'All Suite' dog boarding facility offering spacious Indoor/Outdoor enclosures in a completely climate controlled facility. All indoor suites have a doggy door that leads out to individual grass yards. These are not your typical I/O runs, you have to see the quality and concept for yourself! The facility is impeccably clean and well maintained.
Daycare is offered in the park like play areas. The areas are well treed providing shade for those hot summer days.
A variety of grooming and bathing services are also offered for large and small breeds.
The 850 SF, 1 bedroom, 1 bath residence was built in 1996. The flooring and kitchen were updated this year. The residence can easily be expanded or used as a manager's quarters.
There are currently a total of 20 suites, 10 large suites, which are 10*6 inside and 10*20 outside, and 10 standard suites which are 10*6 inside and 6*20 out. The seller will be ADDING an additional 20 suites prior to the sale. This will double the income potential before you even buy it!
The location is perfect for growth and marketing luxury services; the demographics speak for themselves.
The low overhead of the facility contributes to exceptionally high profit margins.
On top of all the points that make this listing exceptional; the seller is willing to finance up to 50% of the transaction.
Gross income potential with 40 suites at industry standard occupancy level of 48%: $254,745
Net Income potential AFTER debt service expense (mortgage pmt): $162,365
Pro Forma and Actual Income Statements provided with Presentation Packet.
Serious inquiries only, please. Non Disclosure Agreement and Buyer Profile required prior to Presentation Packet being released.
Please click here: http://www.nationalkennelsales.com/kennel-appraisals-p1717.html
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