High End Kennel ideally located in a Hot Dallas Suburb

North of Dallas Metro
ID # TX123

$2,450,000

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DESCRIPTION

Listing ID - TX 123  This impressive, full service, pet hotel is well suited for continued growth serving high end clientele in a rapidly growing community. The 6000 SF commercial facility is modern with luxury enclosures, has extra-large outdoor play yards and is outfitted with all the comforts a pet could need while meeting the demands of the discriminating owner - a perfect match for the market in which it is located!

When it comes to expansion and growth there is plenty of opportunity. The current revenues largely come from boarding and daycare leaving ample opportunity in added services such as grooming and training. Plus, there is a sizable amount of underutilized outdoor space. The property is clean, neat, spacious and the location just can’t be beat.

A General Manager oversees the operations for the absentee owner. This opportunity works well for any situation whether you’d want to stay detached or actively manage and grow the business.

The 2017 IBITDA hit $319,500 and there is room to improve that return.

PROPERTY DETAILS

Business Asking Price: $700,000
Real Estate Asking Price: 1,750,000
Total Asking Price: $2,450,000
Real Estate Included: Yes
Residence Included: None
Gross Revenues: $646,500
SDE:
EBITDA: $319,500
Year Established: 2009
Land Size: over one acre
Kennel Building Size: 6,000 Approximate Square Footage
Downpayment: $367,500
Services Provided: Boarding Daycare and Grooming
# of employees: 11