S-8245
St. Louis, Missouri
Price: $2,175,000 including real estate
Gross Revenue: $2,100,000
Years in Business: 25+
Type of Sale: Business Assets & Real Estate
# of employees: 50 combined PT & FT
Business Description:
This large pet care facility with multiple revenue streams has a reputation for quality care and convenient hours. The facility was custom designed for pet safety, health, and comfort. The business is not owner-dependent.
Market:
Pet-focused services are in high demand and owners are willing to pay for dependable care; this trend is continuing upward, particularly with younger generations who have entered the workforce. This business provides unique features that differentiate it from the competition. Long-term clients have led to high retention rates, as well as word-of-mouth referrals for new clients. Pricey advertising is not necessary to maintain a healthy level of business.
Growth/Expansion:
Potential opportunities to expand the business include:
- Physical expansion is possible in the current location.
- Additional pet-related services could be added.
- Specials and events draw attention to recruit new clients.
Ideal Buyer Requirements:
The buyer should be comfortable with and have worked professionally with animals in the past or, if an absentee owner, be committed to employing a person meeting those qualifications. Business skills including hiring and managing employees, organizing, recognizing facility needs and opportunities, and a focus on owners and their relationships with their pets will help a new owner be successful.
Terms: Asset sale, Real Estate sale, non-compete agreement
Support/Training: Ownership is committed to providing training
Reason Selling: Retirement
Listed By: David Driscoll – Metro Business Advisors, LLC
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