ABOUT THE BUSINESS
- Location: San Marcos, CA
- Opened franchise in 2014
- Owned for 7 years
- Services provided: Boarding, Daycare, Grooming, Training
- 2 buildings, 7,000+combined SF
- Cage-free with 100 dog capacity
- 13 full and part-time staff.
They readily had a buyer lined up through the Camp Run-A-Mutt organization, so marketing the business wasn’t necessary. What they needed was help with the selling process – doing the paperwork correctly and in the right order, so that they could walk away with the most profit and fewest headaches.
“I would never sell my house without a broker,” Sabrina said. “We just decided there were probably too many in’s and out’s … we were absolutely right.” They found out about Teija Heikkilä of PET|VET through a franchise contact, scheduled one phone conversation and hit it off immediately.
Teija and her team went to work managing the transaction’s many details. They provided worksheets and checklists, solved tax issues, set up 401Ks and more.
And when the buyer tried to back down and offer less money, Teija handled the negotiation and kept the offer intact. The Reids appreciated how PET|VET added structure to the process, operating as a well-organized machine. They said they never once looked back and thought they could have done it all by themselves.
In hindsight, Sabrina and Lloyd are glad to be free from the daily stress of running their pet care business but don’t regret doing it. “I’m always thankful for every experience, because there’s always a lot to be learned,” she said.
These days, the Reids enjoy a low key, semi-retired lifestyle. With the proceeds of the sale, they were able to pay off their house and property – a tranquil acre with sunset views, a new pool and room for their dogs to run. Sabrina is still a part-time substance abuse professional, but has plenty of time to practice with her dogs for Flyball competitions. Sometimes practices are held in the yards at Camp Run-A-Mutt, and she said it is really nice to show up as visitors and leave whenever they want to.