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

Region:
Florida
Location:
Central Florida
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

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.

Your Listing Advisor.

Mike McCoy

Senior Advisor

Mike McCoy is a part of the Viking M&A Fort Lauderdale office as a Senior Advisor. He is a licensed CPA with a diverse background engaging with both large and small companies. He uses his strong skill set and expertise to guide buyers through the acquisition process and ensure sellers achieve their objectives. Mike values helping business owners realize their long‑term vision by navigating the operational and personal dimensions of planning an effective exit strategy, from immediate transitions to future planning.

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

Mike was proactively recruited for his expertise by an emerging middle market accounting firm, Withum. In this role, he spearheaded buy-side and sell-side quality of earnings and financial due diligence, including 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.

Mike then 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.
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 wife, Emily, son, Jack, and dog Nellie in South Florida. In his spare time, he enjoys spending time with family and friends, playing golf, and watching Florida State football.

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