Criteria for Partnering

Below are the preferred characteristics for kennels joining in a sale:

  • Kennels located in Texas are preferred, but will consider out of state kennels as well.

  • Businesses that offer dog boarding and daycare as its primary service. Additional services such as grooming or training can be a huge plus but can’t represent a majority of revenue.

  • Minimum $200,000 of EBITDA / SDE (click HERE for definition) and $600,000 of Revenue.

  • A General Manager in place to operate the kennel post-close. If an owner is working “shifts”, these hours will need to be replaced with an employee and added to payroll expense.

  • Highly populated locations in growth areas are ideal. Alternatively, less populated areas that have minimal competition.

  • Long-term lease in place or additional lease renewals negotiable with Landlord. Lease must be assignable.

  • If you own your property, willingness to enter into a long-term lease with the buyer or sell your property. The monthly rental amount you charge will be treated as an expense on the buyer’s P&L.

  • Preferably using Gingr Software but not required