Rare Opportunity in Houston TX metro area to buy a dog kennel!

Houston TX Metro Area
ID # TX121

$780,000

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DESCRIPTION

Listing ID# TX 121

This rare opportunity is worth serious consideration:  the seller is selling the real estate and including the cash flow generating, solid business at no additional cost!  Seller is retiring from many investments and this is your opportunity to buy real estate and get the business at zero cost. Instant equity!

You might wonder if the business is a ‘dog’??  Well it is NOT!  This boarding / grooming facility has been in the same location for 8 years and remodeled in 2015 by adding luxury suites – clients love the transparent and clean look!  The business can accommodate up to 75 dogs and the well outfitted grooming department keeps the hair flying.

Dogs are exercised in the several outdoor yards and there is plenty of room to expand into daycare and other communal play activities, thus considerably increasing revenues.

Business is situated in a standalone building on half an acre of land on a very busy thoroughfare with high traffic count north of Houston, TX.  The property was appraised in 2018 and priced accordingly.

Current owner is absentee, business is operated by an 8-member staff lead by a General Manager.  The current owner has not been paying a lot of attention to the business and this operation is ripe for a new owner with energy and vision to turn it into a high-volume pet resort.

PROPERTY DETAILS

Business Asking Price: $780,000
Real Estate Asking Price:
Total Asking Price: $780,000
Real Estate Included: Yes
Residence Included: None
Gross Revenues: $347,000
SDE:
EBITDA: $75,129
Year Established: 2011
Land Size: .50 acre
Kennel Building Size: 4,600 SF
Downpayment: $117,000
Services Provided: Boarding, Grooming, Daycare
# of employees: 8