Two Locations, Absentee Owner, High Revenue Pet Care Facility in MA!

North of Boston, MA
ID # MA102

$1,495,000

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DESCRIPTION

RARE opportunity to own 2 well established, profitable and cash producing kennels north of Boston!  Both offer a multitude of services (daycare, boarding, etc), operate out of leased buildings and the excellent staff and management run both locations while the owner is completely absentee and lives out-of-state. The day to day operations are guided by the General Manager responsible for oversight of the two location based supervisors, growth and making sure revenues continue to grow and produce profits.

The facilities are well organized and utilize interchangeable fencing to be flexible enough to meet the demands of the growing clientele. Both locations are high volume and strategically located with outdoor play yards – tough to come by!

Each location has a lease in place with renewal options, securing leases through 2024 and 2026 respectively.

Both locations are in full compliance with zoning and licensing.  Growing revenues, strong profit margins, EBITDA over 40% of gross revenues.

NDA and proof of financial ability required to receive Confidential Information Memorandum

PROPERTY DETAILS

Business Asking Price: $1,495,000
Real Estate Asking Price: n/a
Total Asking Price: $1,495,000
Real Estate Included: None
Residence Included: None
Gross Revenues: $1,012,522 TTM Nov 17 - Oct 18
SDE:
EBITDA: $320,191 TTM Nove 17 - Oct 18
Year Established: 2010
Land Size: n/a
Kennel Building Size: Building 2 4000 SF Building 2 6000 SF
Downpayment: $300,000
Services Provided: Daycare, Training, Boarding, Grooming
# of employees: 18