18 Nov Top Brand Albuquerque Dog Care Business for Sale
Location: Albuquerque & Central Region, New Mexico
Industry: Other Services
Listing ID: N204
This upscale dog daycare, boarding, and spa franchise is backed by the #1 brand in the dog care industry. This bold and beautiful center serves one of Albuquerque’s fastest-growing neighborhoods. Based on this business’ performance through August, 2021’s Gross Revenue is conservatively expected to top $650,000 generating net profit in the $220,000 range.
New owners can also take advantage of Seller Financing of up to one-third of the purchase and the ability to assume a low-interest $150,000 loan amortized over 30 years.
Typically a new franchisee invests between $650,000 and $1.4 million and then has to wait seven months or longer for the build-out to be completed. This award-winning location has everything in place to start earning revenue from the first day. This 5,285 square-foot facility enjoys an established customer base, over $800,000 in improvements, and brand recognition throughout the Albuquerque Metropolitan area.
Cash Flow: $217,500
FFE: $78,011 (Included in Price)(Included in Price)
Real Estate: (Not Included in Price)
Reason For Sale:
Seller will pursue other interest.
Training & Support:
Seller will provide to training and support during the transition phase.
Year Established: 2018
Employees: 11 PT
Lease Option: Expires 2027-06-22, 15 years
Monthly Rent: 3071
Type of Location: Retail Complex
Square Footage: 5285
Over $823,000 in investments has rendered a climate-controlled, state-of-the-art facility that spans 5,285 square feet and offers three playrooms, a spa area, and boarding facilities. The immediate service area includes over 62,000 residents with a median household income above the national average. This population has increased 7 percent since 2010.
The Franchise is willing to consider certain concessions in the franchisees financial requirements due to this location being established and up-and-running. O
Recognized as Albuquerque’s Best of the Best, this center provides safety, sanitation and socialization in an enriching environment expertly designed with dogs in mind. Its amenities, eye-catching marketing, and ongoing professional training puts it into a class of its own.
Revenue grew over 2020 despite Covid-19 and the 2 ½ month business shut down. Now with the economy picking back up, people returning to work, and families planning vacations, demand will continue to strengthen. All the dogs and puppies acquired during the pandemic will need a safe place to romp, play, and socialize. Only two of the three playrooms are currently in use, providing the space and amenities to accommodate this growth
The Sellers have complete confidence in the business and the brand and are willing to finance up to one-third of the purchase price. Details to be negotiated.