Troy, MI
Dog Daycare and Boarding Businesses For Sale
Industry Info
Buy or Sell a Dog Daycare / Pet Boarding Business
Dog daycare and boarding businesses cater to pet owners who require temporary care for their dogs while they are away, whether for work, travel, or personal reasons. These businesses provide safe and comfortable accommodations, ensuring the dogs are well-fed, exercised, and cared for in an environment that prioritizes their health and well-being. Services often range from basic boarding to comprehensive care packages, including grooming, training, and enrichment activities.
If you are looking to buy or sell a dog boarding business, it helps to have some context on the market, and to understand how they are valued. Below, we have aggregated financial data from current and recent listings to provide benchmarks on valuation and financial performance of dog boarding companies listed for sale. All data is based on broker and business owner provided financial information.
Market Overview
|
Median Asking Price |
$587,500 |
|
Median Reported Revenue |
$437,202 |
|
Median Reported Earnings |
$150,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Dog Daycare & Boarding Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.78 |
2.47 |
|
Median |
1.23 |
3.09 |
|
Upper Quartile |
1.83 |
5.51 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Dog Boarding Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a dog boarding business?
The median asking price for a dog boarding business is approximately $587,500. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do dog boarding business owners earn?
On average, dog boarding business owners report median annual sales of $437,202 and annual owner earnings of $150,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a dog boarding business?
Valuing a dog boarding business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Dog boarding business revenue multiples range from 0.78 to 1.83, with the median at 1.23. Earnings multiples range from 2.47 to 5.51, with the median at 3.09. These values suggest a typical dog boarding business will sell for around 1.23 times its annual revenue, and 3.09 times its annual owner’s earnings.
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