Texas Hard Money Deal - Close

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Texas

We are a married couple with over 45 years of experience in breeding, training, and boarding dogs who intend to build a 15,000 square foot climate controlled metal building to train dogs and hold dog agility competitions sponsored by the American Kennel Club and United States Dog Agility Association. A dog kennel currently exists on the 1.25 acre commercial property. The building will be located on the .5 acre open training field adjacent to the kennel. We owe less than $25,000.00 on the property and have cash reserves sufficient to run the facility for at least 5 years. The kennel was running at capacity last summer, and is back to nearly 60% as of July 1st. The kennel currently generates nearly $300,000/year in revenue and the addition of a training/trial facility would increase that income by $180,000.00. The only facility in San Antonio that held agility trials has closed, with the owners moving out of the country.