Pet Resort - One out of the Box (Victoria)
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NOTE- This business is located in Victoria.
This brilliant pet resort business is being offered for sale after almost 2 decades operating successfully under the current ownership
Located less than 50 kilometers west of Melbourne CBD, ensuring a great lifestyle on the 10 acre property, noting a good amount of pets are collected and returned through the 55 drop off centers that the business has had strong and respected relationships with over a long time.
The business is capable and licensed to home 150 dogs, 50 cats and boasts an 80%+ occupancy.
Pet lovers have a choice when it comes to accommodating their pooch, from the standard kenneling, through to the executive and penthouse suites, all accommodation gives pets, both dogs and cats undercover and outside access. The photos demonstrate the high standard and first class living facilities the business offers.
The business has received numerous awards and recognition over the years, that is underpinned by the fact the majority of the clients are repeat, referrals from clients, or through the numerous drop off centres.
The business has significantly reduced energy costs, with the vendor installing a number of solar panels, which has seen the energy bill almost half. The property has water tanks with capacity for over 200,00 litres
Revenue has averaged $768.000 over the past 4 years ($778.000 FY 2017) and is up considerably in the 1st quarter of the 2018 financial year.
The profit to a working couple- partnership will be close to $400.000 PA- noting that is factoring in the buyer residing in the modern 3 bedroom- 2 bathroom home on site, the $120.000 rent on the 10acres, full business facilities and home is factored in.
As the vendor owns the property a lease will be negotiated to the satisfaction of both parties.
Sale Price $1,350.000
NOTE- You will be required to sign a confidentiality agreement before any level of detail is provided
A detailed profile, will be available that will give you a great insight in to the business, including an accurate financial overview. You will need to demonstrate your capacity to fund the business before full financials are provided.
The last business I had in this industry sold within 3 days, so be quick to express your interest, as this is a beauty.
Peter Hurrell- 0407 973 726
Note photos are from the actual business.