Pet Care Center with 0.5 acre property


Location: Eastern North Carolina
ID: (# 200654)

Pet Care Center with 0.5 acre property

New Listing

To request additional information start by providing the following:
Asking Price: $463,000
Cash Flow: $ 90,000

Annual Sales:  $ 250,000
Assets (FF&E):  $ 90,000
Inventory:  $ 0
Real Estate:  $ 295,000

Overview

Well established and highly reputable Pet Care Business in a fast-growing area. The business comes with a 0.5 acre parcel with tailored, high quality facilities to board a maximum of 105 dogs and 20 cats. It features safe indoor kennels, secured areas for the dogs to enjoy some time outdoors, and ample grassy area for supervised play time.

The health and safety of the boarded animals has always been the number one priority of this business. In addition, the current owner has established and maintained a good working relationship with all veterinarians in the region. These factors along with the word-of-mouth advertising, have led to its reputation and success.

The business currently operates at an occupancy rate of 45% which allows for additional growth through untapped marketing venues (social media, networking). Furthermore, added services such as grooming, day-boarding or group-playtime are currently not offered and provide additional revenue opportunity.

The current owner is only marginally involved in the day-to-day operations of the business. The current staff comprises of 2 full-time and 1-4 part-time (depending on season).

The property includes ample parking and has easy access to major thoroughfares.

Adjacent to the business is an additional 0.5 acre parcel of land with 2 buildings for sale with a first right of refusal to the buyer of the Pet Care business. This additional property allows for expansion of the business and added services . Asking price for the adjacent lot is $250,000.

All real estate brokered by Maus, Warwick, Matthews & Co.


Details

Reason for Selling:
Retirement

Year Established:
1990

Number of Employees:
4

Facilities:
Level lot with 0.52 acres. Paved parking plus a grassy area. 3,600 SF free standing building. The property is tailored to the business needs with indoor and outdoor space for boarding and playtime. Adjacent 0.5 acre parcel with 2 buildings for sale separately, first right of refusal to buyer of the business, asking price: $250,000. All real estate brokered by Maus, Warwick, Matthews & Co.

Inventory:
Minimal inventory.

Furniture, Fixtures, Equipment:
Assets are well maintained , perfectly tailored to the business needs and in good condition. The dollar amount listed is estimated fair market value.

Support and Training:
The seller is offering a 3 months transition period for training, introduction, and to allow the new owner to get operationally ready.

Competition and Market:
Limited competition that offer equal outdoor space. Strong growth market demand.

Growth and Expansion:
Growth achievable with active marketing campaigns and added services such as grooming or group playtime. Facilities available to allow for higher occupancy rates without additional investment.


Broker Contact Information

Regina Fisher

regina@bristol.group


Bristol Group Carolina
serving North and South Carolina
Located in Wilmington, North Carolina
(208) 401-9523 | Office
(910) 520-0737 | Mobile