Looking to transfer lease to new owner

Asking Price$20,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Looking to transfer lease to new owner


Asking Price$20,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Established Dog Daycare & Boarding Business - Palatine, IL

This thriving pet care facility, operating since 2019, presents an exceptional opportunity for an entrepreneur seeking to enter the resilient pet services industry. Located in a high-traffic retail center with prominent end-cap positioning in Palatine, Cook County, this turnkey operation serves 60-70 dogs daily with an established and loyal clientele.

Business Overview:
- Industry: Dog Daycare & Boarding
- Established: 2019 (5+ years of continuous operation)
- Location: Prime end-cap position in busy Palatine retail center
- Facility: 12,000 square feet of dedicated pet care space
- Daily Volume: 60-70 dogs in daycare services
- Current Operations: Absentee owner managed

Key Strengths:
- Established customer base with strong loyalty
- Experienced, long-term employee team in place
- Easy-to-operate business model
- Prime location with excellent visibility and accessibility
- Proven resilience through economic downturns (2008 recession, 2020 pandemic)

Growth Opportunities:
- Immediate pricing optimization potential (20% increase viable)
- Operational efficiency improvements
- Untapped marketing opportunities
- Captive audience for additional services
- Market expansion in growing pet care sector

Financial Details:
- Asking Price: $20,000
- Monthly Lease: $20,000
- Lease Term: Through February 9, 2029
- Special Financing: Seller willing to pay one year's rent at closing

The pet care industry continues to demonstrate remarkable stability and growth, with services remaining in demand regardless of economic conditions. This business benefits from the increasing humanization of pets and the growing need for professional pet care services.

Owner Support:
- Comprehensive training and support available
- Owner brings 26+ years of pet care industry experience (since 1998)
- Flexible transition assistance to ensure smooth ownership transfer

Reason for Sale: Owner relocating out of state due to spouse's health concerns, creating an opportunity for qualified buyers to acquire this well-positioned business.

This represents a rare opportunity to acquire an established operation in one of the most recession-resistant industries, with immediate improvement potential and strong market positioning in the thriving Palatine market.
About the Business
Years in Operation
7
Employees
14 Full-time
Facilities & Assets
The resort is the end cap of a busy center, 12000 sq ft, 88 dog boarding rooms constructed from glass block (easy to clean & sturdy). Large outdoor play area that is turfed, misted & heated. Large indoor play area with epoxy flooring. Grooming & bathing area can accomodate 2 groomers. Manager office, kitchen, food room & plenty of storage. Plenty of parking and center well maintained by landlord. Intial lease term is 10 years with 3 remaining. Lease is transferrable (landlord is aware of the situation) and we are willing to negotiate paying a years rent at closing.
Market Outlook / Competition
Pet business is growing and will continue even with current market conditions. Our experience, and living through 2008 recession and 2020 pandemic, has shown the pet care business resilient to market swings.
Opportunities for Growth
Plenty of opportunities:
Price increase of at least 20%, market can handle. We have not increased in over a year.
Employee savings - we have already reduced this quite a bit but know there is room for more.
Captive audience of clients - average 60-70 drop in daycare dogs per day
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
12,000
Rent
$20,000 per month
Lease Expiration
2/9/2029
About the Sale
Seller Motivation
Due to health of spouse can no longer run the business, out of state.
Transition Support
Can offer any type of support and training necessary. Have been in the business of pet care since 1998 and willing to assist.
Financing Options
Willing to offer a years rent paid at closing.
Listing Info
ID
2546123
Listing Views
Business Location

Listing ID: 2546123 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.