Sellers are motivated to sell and have drastically reduced the listing price. Current price near or at real estate value AND includes a highly successful business grossing close to half a million a year. If you're looking for a way to enter the recession resistant, highly lucrative pet industry at a fantastic price, keep reading.
There are many factors that contribute to the longevity and success of this business. Some of which includes; its central location, variety of services, its ability to service a variety of pet personalities, its strong well trained staff, and a good reputation! The boarding area is divided into spaces that allow all types of dogs to find a spot that suits them. From indoor kennels to in/out, small breed and geriatric areas, and even a few private suites! The daycare space is large and has its own entrance. The daycare staff are well trained. Their expertise allows for a variety of dogs to be integrated into communal play sessions. Grooming occupies a separate space allowing for up to 3 groomers to pamper cats and dogs of all shapes and sizes. There are separate drying rooms for large and small breeds. The clientele is loyal and returns every 6-8 weeks. The business has an active training schedule. Classes are offered for all ages and levels of dogs from puppy socialization to basic obedience. The business is run semi-absentee of both sellers, which speaks highly of the strength of the staff.
The building is 10,000 SF, in a well established prime real estate area of Central Salt Lake City.The space allows for the business to offer a great deal of flexibility in accommodating all types and behaviors of dogs. The separate cattery has 18 enclosures. The grooming department operates in a space within the facility and has tables for up to 3 groomers. The daycare space is large and spacious with direct access from the parking lot. This space is also used for training classes. There is ample parking close to the business and the business is easy to access from all directions.
To ensure a smooth transition the sellers are committed to providing 80 hours of training to the new owner.
Gross Revenue 2009: $453,164
SDE / Cash Flow 2009: $177,062