Cute as a button - busy kennel business with real estate! IL107

West of Chicago
ID # IL107

$1,200,000

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DESCRIPTION

Listing ID#  IL107

Acreage to enjoy, a cozy home, a busy kennel business projecting over $500k in revenue and absentee ownership.  It’s a Win, Win, Win!  Located about one hour outside of Chicago, the beautiful and spacious, well maintained grounds, offer wonderful shade trees, mature landscaping, shady play yards for the pets and the home is tucked away in the trees, screened from the day to day business activities.

The business offers boarding, daycare and grooming services with about 100 dog capacity.  The full-time General Manager takes care of day to day operations utilizing an experienced staff, with a majority having more than one-year experience.

Financially this facility is hitting on all cylinders producing over $250,000 in EBITDA with the owner working no more than 20 hours a week.  There is room for growth, both financially and physically, given the large acreage and wonderful location.

The home is a quaint 2 bedroom /one bath residence with walk out basement. Enjoy the shady deck off the back side of the home, veggie garden and a detached single car garage. The residence is currently rented month to month by the maintenance person.

This is a terrific opportunity to take ownership and continue the absentee ownership model or live on the property and work the business to enjoy the life/work balance it provides.

Serious, financially qualified inquiries only, please.

PROPERTY DETAILS

Business Asking Price: $600,000
Real Estate Asking Price: $600,000
Total Asking Price: $1,200,000
Real Estate Included: Yes
Residence Included: Yes
Gross Revenues: $500,000
SDE:
EBITDA: $250,000
Year Established: 2013
Land Size: 9 Acres
Kennel Building Size:
Downpayment: $180,000 Minimum cash on hand
Services Provided: Boarding, Daycare, and Grooming
# of employees: 14