Established Pet Boarding and Daycare Business with Real Estate for Sale #1843

List Price:
$1,580,000
Revenues:
$487,000
Adj. Cash Flow:
$188,000
Region:
Florida
Location:
Central Florida

Overview:

  • For decades, this well-established pet boarding, daycare, and grooming business for sale has been a mainstay in its Central Florida community.
  • Dog Boarding constitutes approximately 70% of total revenue. Both Daycare and Grooming services have experienced notable growth in recent years, each accounting for more than 10% of total revenue.
  • The business exhibits significant potential for growth, presenting opportunities to optimize capacity utilization and increase pricing strategies to remain competitive within the market landscape.
  • The owner has worked less than 10 hours per week over the last decade, preferring to keep the business at a level that accommodates the owner’s lifestyle.
  • The facility has excellent visibility within a residential suburb and was purposefully constructed for a pet boarding facility.
  • The Business and Real Estate offered for sale has been prequalified for an SBA loan.
  • Real estate is offered for sale and is included in the purchase price of $1,580,000. An estimated mortgage payment has been deducted and reflected in the cash flows stated above.
2023
Revenue:
$487,000
Adj. Cash Flow:
$188,000

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Your Listing Advisor.

Mike McCoy

Mike McCoy

Advisor

Mike McCoy comes to Viking as a licensed CPA with a diverse background working with both large and small companies, beginning his career as a Senior Audit & Assurance Associate with EY. During his career, he worked with various Fortune 150 clients as well as emerging growth companies, both owned privately by individuals and private equity groups. He also participated in the audit of significant mergers and acquisitions, ranging from $500MM to $11B.

In 2021, he was proactively recruited for his expertise by an emerging middle market accounting firm, Withum. In this role, he spearheaded buy and sell-side quality of earnings and financial due diligence, inclusive of asset purchases and capital injections. He also prepped domestic and foreign corporations to get listed on the NYSE via IPO and SPAC acquisition. Mike was hand selected and participated in the largest audit in company history, performing the audit of three separate acquisitions while supervising internal and external valuation experts.

In 2022, Mike joined Blue Compass RV under the acquisition division as a Senior Corporate Development Associate. As a member of a lean team, he contributed to the full deal cycle, including origination and identification of potential RV dealership targets, conducting valuations, managing due diligence procedures, integration preparation, and deal closing. During his brief time at Blue Compass, Mike was an integral member of the team to close 9 significant transactions from coast to coast. He now brings this expertise to Viking with a strong skill set to guide buyers through the acquisition process and ensure sellers achieve their objectives.

Mike obtained his Bachelor of Science Degree in Accounting and Master of Science Degree in Accounting, graduating Cum Laude from Florida State University, College of Business. While in college, he was President of a significant on campus organization and served as the Director of Recruitment for the university’s largest student run organization.

Mike resides with his fiancé and their dog Nellie in Fort Lauderdale, Florida. In his spare time, he enjoys golf, Florida State football, and spending time with friends and family.

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