Highly Profitable Dog Training and Boarding Business

Business Opportunity for Sale
Catylist Listing ID: 30779017
Property Subtypes: Personal
Building Size (RSF): 4,580 SF
Sale Price: $1,125,000
Name of Establishment: Adams K9
Business Website Address: www.AdamsK-9.com
Year Business Established: 2009
Gross Revenue: $539,000 (Annual)
Cash Flow: $187,500 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Sale Terms: Cash to seller
Last Updated: 1/22/2022

Overview / Comments

Attention Pet Lovers! Profit lovers too! Offered for sale is Adams K9, a highly profitable and highly rated dog training and boarding business. Pet and profit lovers alike will love this opportunity to take part in the $100 billion per year pet industry juggernaut.

Located just 15-minutes from downtown Grand Rapids and 25-minutes from downtown Holland, Adams K9 serves people and their pooches from both Grand Rapids and the lake shore. Established in 2009, the business has shown consistent revenue and earnings growth since its inception. Priced at 2.75 x EBITDA and on an upward trajectory, Adams K9 is a rare and desirable turnkey business opportunity.

Using his decades of experience, the owner has developed and perfected a proprietary dog training method that can be effectively taught to a buyer who has no dog training experience whatsoever. Adams K9 is a suitable investment opportunity for someone preferring passive income, or someone looking to play an active role in day-to-day operations. The present owner generates only about 5% of Adams K9's current dog training revenue.

The real estate included in the sale consists of a 4,580 s.f. building and two parcels with combined frontage of 188' on Port Sheldon St.. The building and grounds were extensively renovated and re-imagined by Adams K9. The two parcels included total about 1.5 acres, providing plenty of room for facility expansion.

Claim your share of the $100 billion per year pet industry today!

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Industry Segment: Other Personal Prod. and Services
Reason for Selling: Owner is retiring.
Value of Inventory Included ($): $12,000
Value of Furniture, Fixtures, and Equipment ($): $36,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $610,000
Real Estate Lease Description: 4,580 s.f. building on two parcels totaling approximately 1.5 acres. 188' combined frontage on Port Sheldon St.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,746 61,362
Median Age: 35.97 34.15
Households: 5,538 20,520

Contact

Photograph of Listing Agent

Michael Kothe

Real Estate Plus
CARWM Member
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