Pet Bazaar in Carolina Beach is Available

Carolina Beach, NC
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Asking Price:$625,000
Gross Revenue:$500,000
Rent:$6,240/Month
Established Year:2017
Cash Flow:$155,000
Inventory:$5,000
FF&E:$52,000
BUSINESS DESCRIPTION

Excellent Turn Key Business

Who wants to make new friends every day and keep old friends that are adorable and loveable customers? Who wants to take ownership of a profitable, established and well-loved business in the coastal area of NC? Who wants to step into a turnkey business and with the seller’s transition support take a healthy salary and have the staff in place to continue operations? If that suits you, please read on and call us to continue with your interest. Why buy and invest in this industry? For starters you should love dogs. Secondly, the U.S. pet daycare market size was valued at USD 1.12 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2022 to 2030. (from Grandview Research)

The goal of a pet boarding daycare is to provide a safe, comfortable, and stimulating environment for pets while their owners are away. Pet Bazaar does exactly that since 2017 and owners are now ready to offer the opportunity to someone new who loves the business as much as they do. Family matters are taking them out of the area but first finding the right buyer for their beloved business is a priority. Sue and Jason have diligently worked their business to grow and maintain the commitment to their clients. It is not a franchise so there are no franchise fees or restrictions.

With multiple suites, a few personalized for owner’s boarding pets and a few that have local business branding, all are outfitted with Gator doors which are well designed to keep the dogs comfortable. The two outdoor areas include safe turf, misters and canopies, doggie pools and beds and activity toys providing areas for playtime, rest time and socialization.

The owners have invested over $80K in improvements since inception and expansion. Furniture Fixtures and Equipment that conveys with the sale values over $50K. Located in Carolina Beach next to a groomer and veterinarian provides great discovery of the daycare and boarding services. Ample parking available. Carolina Beach is a tourist area providing daycare customers seasonally on top of the loyal local clients. Lease is in place and landlord will work with a qualified new owner for a long-term lease.
Pet Bazaar offers:
Daycare:
• Socialization: Pets interact with other animals in a controlled environment, helping them develop social skills.
• Exercise: Staff members engage in playtime and physical activities to burn off energy.
• Mental Stimulation: Puzzles, training exercises, and interactive toys are used to keep pets engaged.
Boarding:
• Comfortable Accommodations: Pets have individual or shared spaces, depending on their size and temperament and owner’s preference.
• Regular Care: Staff provide food, water, and regular potty breaks.
• Monitoring: Pets are monitored for their well-being and any potential issues.

An interested buyer should be ready to provide proof of funds for liquidity to support funding down payment and other up front needs along with a recent credit score. An NDA will be sent to all qualified buyers prior to financial information being provided.


DETAILED INFORMATION
Location
Carolina Beach, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,120
Lease Expiration
28/02/2025
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Units C,D, and E encompass the indoor and outdoor areas. All FFE and dry good inventory conveys with the sale.
Competition
There are over 10 boarding and daycare combo facilities including some attached to veterinarian hospitals. The closest in proximity to Pet Bazaar is the Dog House off the island. Pet Bazaar is the only service on in Carolina Beach resort area.
Growth & Expansion
New owners could potentially offer dog training onsite with a qualified trainer.
Support & Training
Sellers will provide up to 30 days training and transition as needed by buyer
Reason for Selling
Relocation for family matters
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Joan
Loch
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Joan Loch