Kennel and Residence on 2.2 Acres in CA
35 year Absentee Owner kennel with ranch home on gated, 2.2 acre estate. This is an excellent, nationally renowned, well managed business with a beautiful residence creating a phenomenal investment opportunity AND dog lovers dream lifestyle. Owner retiring and moving out-of-state. Located near the rustic Canyon Lake recreation area in Riverside County, CA, the business is fully staffed with over 14 employees. Sales are stable. The business is housed in a separate free-standing facility with 800 square feet business office, kennel structures and landscaped, manicured grass dog exercise areas with mature shade trees and manicured shrubbery. The deep canine expertise includes General Manager, Assistant Managers and various expert specialists. At present, the owner is not integral to the business operations. The business is fully capable of operating autonomously with full functionality including new sales with minimal owner input. The Discretionary Income is based upon keeping all of the management staff. The new owner who should have good business experience can choose their level of involvement in the business.
The spacious 3,600 square feet ranch-style estate is on the same property adjacent to the business with gated access. It features a private swimming pool, large patio areas and manicured lawns and gardens with beautiful, full, mature shade trees.
The business Ask Price of $1,425,000 is based upon $575,000 for the business and $850,000 for the Real Estate. The Business and Real Estate pricing is reasonable and at market values. Comps can be made available from Broker. The real beauty of this acquisition is the financing. Because of the stable and strong business Discretionary Income of $230,000, a Buyer with about a $300,000 down payment, can acquire the business and real estate, have the business pay the business and mortgage debt service of about $100,000 annually, live in a beautiful home and still have about $130,000 annually ($230,000 - $100,000 debt service) for other living expenses. The financing is based upon a 75% business acquisition loan at about 5.75% APR for 10 years and 80% real estate mortgage at 4.5% APR for 30 years. Call or write now to live the dream!
Ranch Home & Kennels on 20 Acres
29 indoor /outdoor climate controlled custom built kennel with large office and bathroom. Large breed and family units on one end. Large play area with swimming pool. Vinyl coated fencing throughout entire kennel. 3 Bedroom, 3 bath Ranch Home. Large closets, open floor plan. Oak kitchen, new Pergo wood grain floor, and new carpeting throughout. 26 X 54 finished game room with wood burning fireplace. Large laundry and storage room. 1 1/2 car garage and 2 out buildings all situated on 20 private acres
established Florida boarding kennel for sale.
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