Dog training & related services absentee owner
Annual revenue: $260,000
Annual net cash flow: $60,000
Furniture, fixtures & equipment: $0
Priced at only 1.49 times net profit, this is an outstanding opportunity for someone who wants to work with a team of professional 'dog whisperers' with a passion for interacting with humanity's best friend. Dogs can be a joy to be around, especially when they are trained to be well-behaved. The core of this business is dog (and dog owner) training, but its services also include dog walking and, on a limited basis, dog sitting, daycare and boarding at the customers' homes. The primary service area is in the affluent silicon valley.
The seller has done the hard part in establishing this business and it is primed for a new owner to continue its profitable growth. You can step into this well-established, profitable business and take it to the next level doing what you love; having fun with furry creatures and enhancing the unique friendship and strong bond that can exist between a dog and its owner. You can share your passion for dogs with customers who care as much as you do. The business has a very loyal and growing customer base and is highly rated on yelp and other business review websites. And the business is bonded and insured.
Businesses that provide services for companion animals tend to be relatively recession-proof because most people treat their pets like loved members of their family and are reluctant to cut pet care expenses. While the current owner has almost no direct involvement in the operation of this business, a new owner who will be more hands-on should be able to add significantly to revenue and net profits.
Location: san francisco south bay area santa clara & san mateo counties
Facilities: no dedicated facility. The business is administered from the seller's home. Staff members pick up and return dogs to the dog owner's residence. Boarding and daycare is also provided at the customer's home or at the home of the staff members. The business pays no rent, which keeps overhead costs very low.
Growth and expansion: the seller has not tried to proactively grow the business as she has been satisfied with the status quo, relying on a solid base of loyal customers and the referrals that come from those relationships. A new owner could more aggressively market the services of the business, including establishing cross-referral relationships with providers of other dog services such as vets, groomers, boarding facilities, etc. Online marketing could be greatly expanded beyond just the website, taking better advantage of the power of social media, etc. Adding additional dog walkers would yield immediate growth. And services could be further expanded into the east bay area.
Support/training: the seller and staff will provide substantial help in transitioning a new owner into this business.
Reason for sale: personal relocation
Year established: 2007
Employees: 4 long-term, independent contractors who are well-trained and highly experienced and who are passionate about working with dogs. They speak the language of dogs and understand their needs. These professional dog handlers will likely want to remain with the business after change of ownership.
Financing: the seller may provide some financing for a well-qualified buyer with a substantial down payment.