Sold
Highly Profitable Dog Training Franchise - 2 Locations - SC2094
Highly Profitable Dog Training Franchise - 2 Locations - SC2094
Financial Information
- Asking Price: $1,749,000
- Gross Revenue: $1,916,740
- Cash Flow: $606,240
- Down Payment: NEGOTIABLE
- FF&E (Included): $30,000
- Inventory: $50,000
- Financing: Yes
Business Location
- Confidential, Texas
Primary Business Category: Pet Care (except Veterinary) Services
This Recession Resistant Texas based Dog Training Franchise is a Texas Limited Liability Company and has been in operations for the past 11 years. This company is selling two franchise locations in an affluent part of Texas. This franchise is the nation's top franchise when it comes to dog training. They have recently renewed their franchise license and have 9 years remaining on the franchise agreement which will transfer to the new Owner. They provide day camp training, private lessons, and group classes. They also offer specialty classes and puppy classes. They offer AKC Canine Good Citizen, Urban Good Citizen, and Community Canine certifications. There are almost 160 franchise locations across the United States. There is not just dog training service revenue, but also merchandise sales at these locations as well.
Competition Description
There is competition in the market, but many are one-person shops and those really are not competitors at all. This business does not really feel an impact from other competitors. Due to their size, name recognition, and reputation in the market and nationally, competition is not present.
Growth / Expansion overview
What makes them unique in the market is the quality of the training. They can train any breed and behavior and specialize in training around distractions. Growth can be obtained by increasing marketing. They have a large amount of repeat customers and word of mouth referrals. Also, growth can be obtained by adding another physical location or expanding one of the existing locations.
Support / Training Comments
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner. Extensive training and support is also provided by the Franchisor.
Financing Comments
Partial Seller financing may be available based on the structure of the deal, agreed upon purchase price, and the quality of the Buyer.
Reason For Sale
Sellers would like to pursue other interests.
- Home Based: No
- Year Established: 2011
- Franchise: Yes
- Year Acquired: 2011
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Real Estate Asking: N/A
- Days Open: Monday - Saturday
- Hours Open: 9:30 am to7:30 pm
- Fulltime Employees: 14
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: ON REQUEST
- Building Size: 9,080 sq. ft.
- Monthly Rent: $9,736
- Additional Terms: CAM charges at 3 locations a total of $4,573.08
- Lease Expires: 06/30/2027
- Lease Miscellaneous: There are 3 locations they pay rent on
Broker: ProEquity Asset Management Corporation License ID: 01870526
Listed By: Adriana Sargent
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Background information
Reference:
SC2094
Year established:
2011
Reason selling:
Sellers would like to pursue other interests.
Operations
Employees:
Full-time Employees: 14 Part-time Employees: N/A
Equipment:
Upon Request
Inventory:
$50,000 Upon Request
Premises
Facility:
Building Size: 9,080 sq. ft. Is Property Leased: Yes Real Estate Available: No
Square footage:
9,080 sq. ft.
Rent and lease terms:
Monthly Rent: $9,736 Additional Terms: CAM charges at 3 locations a total of $4,573.08 Lease Expires: 06/30/2027 Lease Miscellaneous: There are 3 locations they pay rent on
Location:
Confidential, Texas
Opportunities
Growth:
What makes them unique in the market is the quality of the training. They can train any breed and behavior and specialize in training around distractions. Growth can be obtained by increasing marketing. They have a large amount of repeat customers and word of mouth referrals. Also, growth can be obtained by adding another physical location or expanding one of the existing locations.
Market:
There is competition in the market, but many are one-person shops and those really are not competitors at all. This business does not really feel an impact from other competitors. Due to their size, name recognition, and reputation in the market and nationally, competition is not present.
Price and terms
Price:
$1,749,000
Financing:
Yes, Seller Financing is available.
Training:
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner. Extensive training and support is also provided by the Franchisor.