UNDER CONTRACT - Two Location Pet Resort Package

Listing Number: 76931-674142

Description

Currently under contract - back up buyers will be accepted until October 27, 2023.

SBA Prequalified. $300k minimum buyer liquidity required.

Available for immediate consideration is a highly revered, award winning, multi-decade operating pet boarding, grooming and daycare facility located in the Houston, TX area. Developed from a humble boarding and grooming facility into a full-service pet resort, the owners of this amazing business have grown revenues six times over and exceeded $1.5m in 2022 with SDE over $335k.

Established in 1982, the pet resort has been operating under existing ownership for almost half that time. Over the years they have expanded into additional available space in their center, and are currently occupying almost 7,000 SF under AC, plus extensive outdoor yard areas. Catering to dogs, cats, birds, and even reptiles, all the communities’ pets can be safely cared for in a nurturing and customized environment.

In 2021, the owner opened a new doggy day camp that focuses on training, behavior, and enrichment. This niche and boutique setting has been strongly welcomed by the community and has grown month over month since opening. Currently they have about 20-25 repeat clients on a daily basis and with their existing staffing can easily accommodate 30 pet campers each day, with opportunity for expansion when new ownership is ready. The facility has over 16,000 SF of excellent indoor and outdoor play space including a splash pad, sensory garden, natural yard, and turfed yard. With only about 18 months of operation, the day camp is already cash flow positive and has almost exceeded all of 2022 revenue in just the first seven months of 2023.

Combined revenues are just under $1.7M, and exceed $300k in SDE even with being the day camp’s first full year in operation.

If your passion is running a successful business and interacting with dogs and other pets everyday, you won't want to miss this.

Listing Details

• Price: $ 1,200,000
• Down Payment: $1,200,000
• Sellers Discretionary Earnings: $ 303,516
• Total Sales: $ 1,698,154
• Location: Harris County, Texas


• Inventory: $ 0
• FF&E: $ 350,000
• Employees: 26
• Reason for Selling: Retirement
• Category: Animals/Pets