State-of-the-Art Dog Boarding and Day Care Facility with RE
Triangle Area
Financials
Asking Price: $287,000
Revenue: $235,000
Cash Flow: $122,000
Description
Asking price: $287,000
Average 3 year Revenue: $233,000
Cash Flow: $122,117
FFE and Inventory: $80,000, included in asking price
Cash flow analysis, Average 3 year:
$143,975 - Total before real estate amortization
-21,858 - Real estate amortization (1)
$122,117 - Net cash flow and you own the real estate
Real Estate: Appraised at $331,000 must be purchased with the business: 1 ½ acres of prime real estate with a 3000+SF state of the art facility. The amortization is accounted for in the cash flow summery above. This is a great way to own your own business that affords both a very nice life style and pays for you owning the real estate. Instead of paying rent, this business allows you to build your own equity and wealth.
Located in a major growth area, this business has proven to be recession-resistant. Founded as a family-owned business 5 ½ years ago, it was immediately successful, has built a great reputation in the community, and enjoys a loyal and steady clientele. If you have dreamed of owning your own animal-related business, this is your dream opportunity! The business is tremendously successful, and, depending on your goals, is also poised for your creativity and enthusiasm for growth to the next level.
Facilities: The facility is strategically located on 1 ½ acres of prime real estate that features great accessibility, is in a very high growth area, yet on a quiet cul-de-sac. This is a modern state-of-the-art facility specifically built for this business. The over 3000 square foot facility has 44 enclosures including I/O runs, interior runs and small cages. The dogs have a large outdoor yard to run and romp.
Competition: There is not a similar facility in the market area.
Growth and Expansion: The business was immediately successful and the owners have devoted their energies to operating the business with no real effort or desire to grow the business. There are many avenues to greatly increase the top and bottom lines of this business. Ways that would require very little if any additional capital include grooming services, expanded training services, retail products and vet services. It would require additional capital, but the facility itself could be expanded up to double its current size.
Support and training: Sellers will provide 2 weeks of training.
Financing: Third-party or SBA.
(1) Real Estate amortization summery
$331,000 real estate sales price
20% down, 20 year loan @5.5% interest
$66,200 down payment
$21,858 annual P & I payment ($1821.53 monthly)
Average 3 year Revenue: $233,000
Cash Flow: $122,117
FFE and Inventory: $80,000, included in asking price
Cash flow analysis, Average 3 year:
$143,975 - Total before real estate amortization
-21,858 - Real estate amortization (1)
$122,117 - Net cash flow and you own the real estate
Real Estate: Appraised at $331,000 must be purchased with the business: 1 ½ acres of prime real estate with a 3000+SF state of the art facility. The amortization is accounted for in the cash flow summery above. This is a great way to own your own business that affords both a very nice life style and pays for you owning the real estate. Instead of paying rent, this business allows you to build your own equity and wealth.
Located in a major growth area, this business has proven to be recession-resistant. Founded as a family-owned business 5 ½ years ago, it was immediately successful, has built a great reputation in the community, and enjoys a loyal and steady clientele. If you have dreamed of owning your own animal-related business, this is your dream opportunity! The business is tremendously successful, and, depending on your goals, is also poised for your creativity and enthusiasm for growth to the next level.
Facilities: The facility is strategically located on 1 ½ acres of prime real estate that features great accessibility, is in a very high growth area, yet on a quiet cul-de-sac. This is a modern state-of-the-art facility specifically built for this business. The over 3000 square foot facility has 44 enclosures including I/O runs, interior runs and small cages. The dogs have a large outdoor yard to run and romp.
Competition: There is not a similar facility in the market area.
Growth and Expansion: The business was immediately successful and the owners have devoted their energies to operating the business with no real effort or desire to grow the business. There are many avenues to greatly increase the top and bottom lines of this business. Ways that would require very little if any additional capital include grooming services, expanded training services, retail products and vet services. It would require additional capital, but the facility itself could be expanded up to double its current size.
Support and training: Sellers will provide 2 weeks of training.
Financing: Third-party or SBA.
(1) Real Estate amortization summery
$331,000 real estate sales price
20% down, 20 year loan @5.5% interest
$66,200 down payment
$21,858 annual P & I payment ($1821.53 monthly)
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