Remarks

Turn-key operation for pet boarding and training business!

This sale includes the real estate, business with intellectual property, their growing book of clientele and the future cash flow!

Facility sits on 3 acres and consists of 19 kennels, two play yards, a grooming building and a three bedroom/two bathroom single-family residence, that has traditionally been occupied as an on-site manager’s residence.

Investment Type : Owner/User, Value Add
Tenancy : Single
SF Square Footage : 1,586
Price/Sq Ft : $709.33

Cap Rate : 7.70%
Pro-Forma Cap Rate : 10.27%

NOI : $86,631
Pro-Forma NOI : $115,508

Each cottage is equipped with air conditioning, heating and a ceiling fan. Covered porches and raised bedding allow pets extra comfort while they visit. Pets can stay together in the same cottage, and every cottage has its own yard that can be accessed at any time.

This boarding service is home to a book of returning clientele, as well as accepting new client inquiries for daycare, dog boarding, and/or training.

The expansive 3-acre site offers great value-add potential! Add additional kennels, buildings and/or play yards. There is also potential for cash-flow growth by including grooming and training services.

Details

MLS#: 543532
Price: $1,125,000

Style: Commercial-Improved
Three Quarter Baths: 0
Quarter Baths: 0
Sq Ft: 1586
Year Built: 2003

County: Bell
Lot Size: 209' x 632'

School District: Temple ISD