Expansive Pet Boarding Facility

Near Twin Cities MN
ID # MN105

$1,750,000

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DESCRIPTION

When it comes to high volume, this facility has it covered!  With multiple buildings, the property boasts more than 15,000 SF dedicated to pet care on over 15 acres in a very desirable area of the Twin Cities.

This large facility has been taking care of pets for decades and maintains an excellent reputation. There is a competent, large staff in place to keep the business running smoothly even when max capacity of 150 dogs is reached.  The business has grown tremendously and is estimated to break $1MM in revenue this year.  The owners have consistently accommodated growth and progress of the pet care industry by acquiring more property and offering different levels of lodging options from practical In/Out runs to deluxe indoor suites.  Dogs are exercised and activities offered in the several outdoor play yards on this expansive complex.

Boarding is the main focus generating more than 50% of annual revenue while add-on services, daycare and grooming are the fast growth segments.  The property is well laid out and has direct access from the main highway with high traffic count.

In addition to the pet care facility, there is an up-to-date 2 BR / 1 BA apartment above the kennel for an owner’s or manager’s residence.  The upper level residence is an oasis from the business without having to leave the property; it has an open and spacious floor plan, wonderful natural sunlight from the skylights and vaulted ceilings in the spacious family room with floor to ceiling windows affording a dramatic view. There is private access to the residence.

The property consists of beautiful, rolling hillsides, tree lined natural ponds and large stand of mature trees and has plenty of room for expansion into dog training, dog park, sports, etc.  You will not run into growth restrictions on this property and it is in full compliance with zoning requirements.

This business meets SBA lending guidelines and offers solid SDE and EBITDA margins. All this within a 30-minute drive from Minneapolis Metro!

PROPERTY DETAILS

Business Asking Price: $850,000
Real Estate Asking Price: $900,000
Total Asking Price: $1,750,000
Real Estate Included: Yes
Residence Included: Yes
Gross Revenues: $900,000
SDE: $324,717
EBITDA:
Year Established: 1966
Land Size: 15.19 Acres
Kennel Building Size: Four Buildings Total of 15,660 SF
Downpayment: $262,500
Services Provided: Boarding, Daycare, Grooming
# of employees: 12