Milwaukee - Waukesha, WI Business Brokers
Price: $878,000
Location: Western Wisconsin
Industry: Pet Services
Listing ID: 4102-18698
Listing Status: New
This doggy daycare has been established for 20 years and has an excellent reputation in the local community. The Seller has created a very well-run business that caters to and spoils their clientele's furry family members. The seller has a very well thought out business plan and has found wonderful employees to carry out his vision. He has an impeccable health and safety record.
The seller is semi-absentee and typically works 10 hours a month. He has an onsite manager that runs the business. The Manager's salary was backed out of the company financials and the SDE assumes that the new owner will work in the business full time. The Manager was paid approximately $36,636 thru October 2024.
Seller pays $48,000/year in rent to the entity under which he owns the real estate. The rent has NOT been added back into the Discretionary Earnings. The rent payments can be applied to a new owner’s debt service payments.
Price breakdown:
$529,000 - Real Estate
$349,000 - Business
Total Sales: $367,221
Cash Flow: $146,491