Description:
This award winning kennel is a real gem. Located in one of the most desirable areas of Texas, this property is impeccable, well maintained and highly successful in its 15 years of operation. Business offers a variety of services for dogs and other household pets and has a set-up that fits every animal's needs. The kennel is completely upgraded and recently renovated with new flooring, heat pumps and other upgrades. The residence is a beauty; 2031 SF of living space with 3 bedrooms and 2 baths. Granite countertops, new kitchen cabinets, master bath spa, fireplace, open porch - have to see to believe! The property is 0.93 acres in a very desirable neighborhood with good schools and excellent demographics. The area enjoys a high quality of life with close access to all city amenities without the headaches! Financially, this business didn't realize we had a recession; it's revenues have continued to grow aggressively for the past 3 years and are currently up 25% over 2010! Plenty of cash flow to pay the mortgage and make an income.
Asking Price:
USD $625,000.00
Our Ref:
Unspecified
Terms of Sale:
Unspecified
Revenue (Income):
USD $376,687.00
Net Profit (Cash Flow):
USD $112,793.00
Time Established:
1995
No. of Employees:
2 ft/13 pt
Expansion Potential:
Due to the fast growth, boarding can be expanded soon. Grooming, daycare.
Competition/Market:
This business has a competitive advantage due its size and ability to provide personalized service. It's 'boutique' atmosphere appeals to clients who like their pets to receive intimate care vs. just being in a traditional kennel setting.
Reason for Sale:
Moving; semi retirement
Support & Training:
2 weeks / 80 hrs
Owner Financing:
Yes
Finance Available:
As required by lender and upon seller review of buyer
Value of Fixtures/Fittings:
USD $50,000.00
Value of Stock/Inventory:
Undisclosed
Other Assets:
Real Estate: $375,000