High revenues, modern pet resort and residence in Maine!

Maine
ID # ME101

$1,920,000

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DESCRIPTION

Listing ID#  ME101

This pet approved paradise, complete with an updated, light filled residence, on 10 acres is nestled in countryside, yet just moments away from the ocean, major highway and commercial areas. This is not a start up nor a hobby kennel, the pet resort is delivering an impressive $1.2MM in annual revenues with an exceptionally high ROI at 20% after debt service.

The business offers overnight boarding, grooming and daycare services with plenty of growth opportunity.  The day to day operations are handled by a very competent staff, management team and a fully empowered General Manager; one of the many reasons the business continues to be so successful is its employees and the policies / procedures that the organized seller has put in place. Seller has not been physically participating at the business in a long time; she provides oversight, pays bills and is responsible for strategic planning.

The loyal and affluent clientele (and their pets!) agree: this is a paradise for pets! The grounds are filled with dog play structures, water features, mature trees, cleverly designed landscaping and privacy between the business and home. The seller is passionate about landscaping and it shows!

As beautiful as the outdoor amenities are, so are the indoors.  Boarding is provided in a variety of contemporary, luxury glass suites with capacity for over 100 dogs.  Grooming space is modern, well equipped, clean and well suited for its purpose.  Clients park in the spacious parking area and enter into an uncluttered, hotel style lobby that is designed for proper traffic flow.

The residence (adjacent, but separated from the pet care building) is an updated two-story home, pleasingly appointed with 2 bedrooms and  2.5 baths, hardwood flooring, fully updated throughout including stainless steel appliances and in immaculate, move-in, condition. A private entrance, deck and secluded outdoor areas complete this lifestyle property.

Inside and out the facility and grounds are meticulously designed to deliver an excellent pet, customer and owner experience.

The financials are also in tip top shape, ready for a new owner to continue in a leadership role. The pride of ownership and attention to detail is demonstrated in the substantial double-digit growth for the last three years, assuring a new owner a financial comfort level to make a high salary plus have funds for continued growth.

Ready to make a move for a better work/life balance in a less dense community, this one deserves hard consideration.

Serious inquiries only, please!

PROPERTY DETAILS

Business Asking Price: $995,000
Real Estate Asking Price: $925,000
Total Asking Price: $1,920,000
Real Estate Included: Yes
Residence Included: yes
Gross Revenues: 1,200,000
SDE: 540,000
EBITDA:
Year Established: 10+
Land Size: 10 AC
Kennel Building Size:
Downpayment: $288,000
Services Provided: Boarding, Grooming, Daycare
# of employees: 10-12