Under Contract! Pet Resort with Real Estate North of Dallas, Texas

Texas
ID # TX128

$1,800,000

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DESCRIPTION

Under Contract!

Listing ID TX128

Custom built, luxury pet resort offering overnight boarding, grooming and daycare located in one of the fastest growing, high population, counties in the US.  The 6000 SF building sits on an acre of land and is well developed with multiple outdoor play yards and easy access for clients from several directions.

As you walk in, the hotel style lobby is spacious with boutique retail displays.  The indoor overnight suites all completely private, some with windows and TVs. 2 indoor play areas are designed for daycare and communal play.

The business enjoys an impeccable reputation due to its 10+ years longevity and commitment to high quality pet and client care.  The care team is led by two managers, seller is mainly absentee and not part of day-to-day operations.

The strength of this business can be measured in its recovery from the pandemic: revenues declined only by 8% from 2019 to 2020, and by now, revenues are up an astounding 52% over same period in 2019!

If you’re looking for a high quality pet resort you can continue to grow and be proud of, you just found it.

Serious Inquiries ONLY!

Financials:

Year                             Revenue          EBITDA

2020                            $750,000         $230,000

2019                            $800,000         $230,000

2018                            $700,000         $160,000

PROPERTY DETAILS

Business Asking Price: $500,000
Real Estate Asking Price: 1,300,000
Total Asking Price: $1,800,000
Real Estate Included: YES
Residence Included: NO
Gross Revenues: 800,000
SDE:
EBITDA: 230,000
Year Established: 2005
Land Size: 1 acre
Kennel Building Size: 6000 SF
Downpayment: $180,000
Services Provided: Boarding and Grooming
# of employees: 14