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Broker Name:Michael Greene
Broker Email:info@samgoldenberg.com
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Top Brand Albuquerque Dog Care Business for Sale
(Other Services)
Albuquerque & Central Region, New Mexico
Listed Price: $ 750,000
Listing ID: N203

Listing DetailsGross Revenue: $ 312,486
FFE: $ 78,011 (Included in Price)
Inventory: $ 1,774 (Included in Price)
Training & Support:

Seller will provide to training and support during the transition phase.


Listing SummaryBusiness Description:

This upscale dog daycare, boarding, and spa franchise is backed by the pioneer in the dog care industry. Its emphasis on education, exercise, and safe socialization for dogs has solidified its position as the top dog daycare brand and won it Franchise Business Reviews’ ranking as one of the overall Top 50 Franchises. Dog parents have the assurance of leaving their beloved furry family members in the hands of trained professionals in an environment created with the safety of dogs in mind. Throughout the day, they can log into the center’s high-fidelity webcams to view their furry children at play or rest.

New owners will take over $823,460-worth of investments and an emotionally rewarding business that makes a positive difference in the lives of dogs and their human companions. Since this Albuquerque dog care center celebrated its grand opening in early 2018, monthly sales have more than doubled, it’s projected to generate over $340,000 in gross revenue by the end of its first full year of operation, and everything is in place to power its future growth.

This momentum has largely been driven by the growing demand for professional pet care services, the sophisticated branding, and the rapid growth and gentrification of the surrounding Albuquerque neighborhoods.

 


Competition:

This “best in class” model with its emphasis on safety, sanitation and socialization has helped differentiate this business from the competition and is spurring its growth. A prime location near a major interchange is convenient to numerous dog owners. They pick-up and drop-off their furry children as part of their daily routine. With long commutes and work schedules that don’t afford them the opportunity to return home in the afternoon, they rely on this business to look after their beloved pets. When their four-legged children are picked up after a day of playing with their canine and human friends, they’re happy, tired, and excited to return the next morning.

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 and continues to grow at a robust pace.


Potential Growth:

This is a low environmental impact business that can’t be outsourced or automated. New owners will enter the market with an established position and the support of a proven, recession-proof business model. Across the U.S., demand for pet services is at an all-time high due to rising pet ownership, improved disposable income, and changing consumer preferences in pet care.

This branded center can be the local flagship to launch other franchise locations in the surrounding markets, a model that has proven popular with many of this brand’s franchisees. A spokesperson for the corporate office reports that same-store sales have grown an impressive 15 percent per year. By the second full year of operation, a branded center on average takes in over $640,000 in gross revenue.

New owners should continue to enjoy organic growth and meet this target goal. Word-of-mouth referrals and a robust, multi-channel advertising campaign are getting this business name in front of its target market. The business currently operates at 60 percent capacity and can easily double the number of daycare dogs it serves with modest investments in staff.


Financing/Terms:

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.


LocationLease Expire: 2027-06-22
Option: 15 years
Monthly Rent: $ 3,071
Square Footage: 5285
Type of Location: Commercial
Facilities:

From the moment clients enter the reception area, the smart, eye-catching branding signals a business dedicated to delivering a superior, personalized customer experience. A complete build-out and renovation has rendered a state-of-the-art facility spanning 5,285 square feet. It offers three playrooms, a spa area, and boarding facilities in addition to storage areas, offices, break room, and other spatial amenities. The environment is climate controlled, an advanced HVAC system circulates purified air, and the rubber mat flooring in the open play environments is easy on the joints of their four-legged guest.


OperationYear Established: 2018
Employees: 11 PT
Absentee Owner: No

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SUNBELT NEW MEXICO

Michael Greene, President
126 E. De Vargas Street
Santa Fe, NM 87501
Phone: (505) 820-0163
Toll-free: 1-844-GO-NM-BIZ
Fax: (505) 992-9901
info@SunbeltNewMexico.com

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