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Asking Price$750,000
Revenue$312,486 Established2018
Cash FlowUndisclosed Employees11 part-time
FF&E$78,011* FranchiseYes
Inventory$1,774* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This upscale dog daycare, boarding, and spa franchise is backed by the pioneer in the dog care industry. Its emphasis on education, exercise, and safe socialization for dogs has solidified its position as the top dog daycare brand and won it Franchise Business Reviews' ranking as one of the overall Top 50 Franchises. Dog parents have the assurance of leaving their beloved furry family members in the hands of trained professionals in an environment created with the safety of dogs in mind. New owners will take over $823,460-worth of investments and an emotionally rewarding business that makes a positive difference in the lives of dogs and their human companions. Since this Albuquerque dog care center celebrated its grand opening in early 2018, monthly sales have more than doubled, it's projected to generate over $340,000 in gross revenue by the end of its first full year of operation, and everything is in place to power its future growth. This momentum has largely been driven by the growing demand for professional pet care services, the sophisticated branding, and the rapid growth and gentrification of the surrounding Albuquerque neighborhoods. The Sellers have complete confidence in the business and the brand and are willing to finance up to one-third of the purchase price. Details to be negotiated.
Competition:This best in class model with its emphasis on safety, sanitation and socialization has helped differentiate this business from the competition. A prime location near a major interchange is convenient to numerous dog owners.
Growth Potential:This is a low environmental impact business that can’t be outsourced or automated. New owners will enter the market with an established position and the support of a proven, recession-proof business model. Across the U.S., demand for pet services is at an all-time high due to rising pet ownership, improved disposable income, and changing consumer preferences in pet care. This branded center can be the local flagship to launch other franchise locations in the surrounding markets, a model that has proven popular with many of this brand’s franchisees. A spokesperson for the corporate office reports that same-store sales have grown an impressive 15 percent per year. By the second full year of operation, a branded center on average takes in over $640,000 in gross revenue. New owners should continue to enjoy organic growth and meet this target goal. Word-of-mouth referrals and a robust, multi-channel advertising campaign are getting this business name in front of its target market. The business currently operates at 60 percent capacity and can easily double the number of daycare dogs it serves with modest investments in staff.
Training/Support:Seller will provide training and support during the transition phase. New owners will also enjoy ongoing support and ample resources from the corporate office.
Sale Reason:Seller will pursue other interests.
Ad #113686
Seller Reference #SANTAFE001-N204
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Michael Greene
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