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Financial Information

Asking Price: Non-Disclosed Amount

EBITDA:

Gross Revenue: $424,944

Cash Flow: $150,000

FF & E: $20,000

Inventory: $2,000

Financing: No

Business Location

North Metro Atlanta

Description

This is a well-established and highly regarded dog boarding and Doggie Day Care facility strategically located in an affluent North Atlanta suburb.
The business operates from a 8,000 + sq. ft. facility with the monthly rent at $8,9240.00. There are currently 30 kennels with a capacity of 70 dogs utilizing temporary accommodations. The revenue mix is approximately 60% boarding and 40% Doggie Day Care. There is a groomer that subleases space to provide grooming services, and a modest retail boutique.
The owner currently works on average 5 hours per week, and employs a full-time manager to operate the day to day operations. A full time / hands on owner operator could eliminate the manager’s position, and realize an additional $50,000 per year which is reflected in the $150,000 per year Seller’s Discretionary Earnings number. In addition to the full-time manager there are 7 additional full-time employees.

REASON FOR SALE

Family

facilities

The business operates within a leased 8,735 sq. ft. facility with monthly rent at $8,924.00.

Details

Home Based:
No
Year Established:
2010
Franchise:
No
Year Acquired:
2010
Distressed:
No
Willing To Train:
Yes
Relocatable:
No
Is Property Leased:
Yes
Real Estate Available:
No
Real Estate Included:
No
Days Open:
Daily
Hours Open:
M-F 7-7, Sat. 8-7, Sun. 8-11 And 4-7
Full Time Employees:
8
Part Time Employees:
0
Is Management Staying:
Yes
Building Size:
8735
Monthly Rent:
8924
Sold To:
OAK DOGGY, LLC
Sold To Location:
Roswell, GA
Date Sold:
6.1.2020
Listing ID:
SA1517
Sale Details:
Number Of Months List To Close: 4 Number Of LOIs Received: 1 Number Of Buyer Inquiries: 50 Plus Number Of Months Launch Date To Close: 4

Mark Werbalowsky

M&A Advisor
770-936-9099 x 804

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