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Premier Dogcare Facility For Sale
Ocean Shores, WA (Grays Harbor County) (Relocatable)
Seller Financing Available
Asking Price: $120,000
Cash Flow: $60,000
Gross Revenue: $109,000
Lease Rate: $1,300 /SF/Month
Located only a half-mile from the Pacific Ocean in Ocean Shores,Washington, this profitable doggie daycare offers exceptional value for the asking price of $95000 WITH ONLY 20K CASH DOWN.! Having very limited competition, this daycare, boarding and grooming business provides a golden opportunity for anyone who loves and cares for dogs. As a turnkey operation for a prospective buyer, the gross sales are $109,000 with a $60,000 owner benefit. Operated by the present owner since 2015, the revenue increased by 124% from Year 1-2, 30% from Year 2-3 and, thus far in 2018, has seen an increase of 53%. Not only does this business shine in profitability, it also has quite a substantial, loyal following while being highly-regarded and respected in the community. As evidenced by online reviews, active recommendations and referrals exist by every veterinarian within a 35 mile radius. Clients come from not only the western Washington vicinity,but also this coastal town is a prime destination for residents of Seattle, Tacoma and Olympia as well as from central and eastern Washington.
Included in the sale are the inventory, the fixtures, furniture and equipment( FF&E valued at $2,000 ) and the facility itself which offers 1,500 square feet of indoor play space with rubberized flooring. For dogs with joint issues,this cushions the impact while at play and, in addition, dogs have free access to an outdoor area measuring 1,400 square feet with superior, top-of-the- line artificial K9 Grass. Furthermore, the sale includes an 800 square foot apartment and loft with a large room for storage; this could easily serve as living quarters (only one rent payment!) or accommodate an "overnight" employee to stay with the dogs. All in all, a beneficial set-up which amounts to a total of 2,700 square feet on the interior and 1,400 square feet on the exterior. Additionally, and important feature of the operation is that there are no cages affiliated with the daycare and boarding freedom to play unrestricted during the day and then retire to a dog bed,futon or couch when they're ready to call it a day!
Because of a move from the area, the present owner must sell; however, support and training may be offered to a new owner amounting to 40 hours over a 2 week period. Terms of leasing are existent, and include $1,300 per month through February of 2023. Increasing incrementally $100 per month each year until the beginning of 2021, the lease caps at $1,600 monthly for the remainder of the lease. For any serious, credible buyer, the owner would expect $40,000 down with 6% interest over a 5 year period.
Lastly, for future growth, there is a grooming room with a tub and grooming table (if full grooming services are added ) and/or a self-wash ( both services have had demands recently); obviously, the addition of these services will increase the revenue . In purchasing a turnkey business of this type,one has the good fortune to create revenue from the start, be within a comfortable walking distance to a relaxing beach area, and, best of all,work with with "man"s best friend" what could be better
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