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Dog Daycare Start Up Cost and Initial Investment




What are the Start Up costs to launch a Dog Daycare business from ground zero?

The real answer to that question is that it depends on you and what your long range goals are. Generally speaking, if you opt for a bare bones operation skipping some of the bells, whistles, and frills that a successful Dog Daycare should have, then you may in fact turn a profit faster, but the price that you are able to charge for your services will be lower thus limiting the true profit potential of your Dog Daycare business. This will also increase maintenance and upkeep costs, as well the facility will acquire that run down look much faster than it should and customers will migrate elsewhere. If, on the other hand, you spend a little more in putting together a well designed facility that is both functional and aesthetically pleasing, then the prices that can be charged for services will increase while maintenance and upkeep costs decrease, increasing the long range profit of the facility.

 

The Local Economy will affect your plans

There are geographic factors to consider as well e.g. the cost of labor and materials in your specific area, the median age and income of your local population, industry competition, the economic situation of your primary customer base, the number of people that commute to work etc. All these are factors that will affect not only the start-up costs but also the end price that you are able to charge for your services once your business is in operation. In simpler terms if you over build your facility, forcing you to charge more to cover expenses in an area that is not economically suited to handle it, you are paving a road toward disaster. You may CHARGE any price you like, but customers will only PAY what the market will bear.

 

PAWS Helps You Get Your Dog Daycare Started The Right Way

The PAWS PARTNERSHIP PROGRAM helps you to determine what is best based on your current financial situation, and the economic situation and demographics of the area that you plan to start your business in. We can also help cut your construction costs by up to 30%, as we will provide you with the information and knowledge necessary to complete the majority of the build out yourself.

 

You only get one chance to start your first Dog Daycare Business.

Below is what we have found through our industry experience to be a very realistic expectation of the costs to open a Dog Daycare Facility. Don't let the numbers scare you, it is possible for your facility to be at a break even point in as little as 2 months and turning a profit in as little as 3, with the right design, management and marketing in place. The income potential for a successful Dog Daycare facility operating 6 Days a week can easily surpass $12,000 a month. The math is simple: twenty five Dogs a Day at $20 each, six days a week is $12,000 a month. This doesn't even include all of the additional services you can offer your clients to generate more income such as grooming, boarding, training, and retail.

Dog Daycare is one business that gives you the opportunity to create a new sense of financial freedom while doing something you love. At PAWS we understand that the majority of individuals wishing to enter this industry will have no prior experience running a business of this complexity and only have once chance to get it right or they risk financial ruin. The goal is to get your business up, running, turning a profit and paying back debt as soon as possible. This is where the PAWS PARTNERSHIP PROGRAM helps you to do it right the first time.

Initial Dog Daycare Business Startup Costs Estimation

Item

Low

High

Average

Business Insurance

$500

$800

$650

Property Insurance (per month)

$200

$1000

$600

Commercial Lease (per month)

$3000

$7000

$4000

Facility Construction and Build out

$10,000

$80,000

$45,000

Basic Equipment to Operate a Dog Daycare

$1500

$5000

$1750

Optional Equipment (Grooming)

$2500

$10000

$3750

Signage

$450

$5000

$2725

Advertising

$0

$2500

$750

Permitting Fees and Licenses

$500

$2500

$1000

Utility Deposits

$500

$1000

$625

Web Site Design and Development

$200

$3500

$850

Cash Reserve

$15,000

$25,000

$20,000

       

Total

$24350.00

$143300.00

$81700.00

       

OWNING A DOG DAYCARE

$PRICELESS

$PRICELESS

$PRICELESS

       
       

Cost of Mistakes by Doing it Wrong

$INFINITE

$INFINITE

$INFINITE

 

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