Are Dog Daycare Businesses Profitable?
Owning a dog daycare business can be an effective way to make money doing something that you love. Successful franchises such as The Dog Stop offer a variety of products and services such as boarding, grooming and in-home care to meet the needs of their customers. Let’s take a closer look at the variables that will likely play a role as to whether your dog daycare business can be a profitable one.
You Need to Pick the Right Location for Your Doggy Day Care Franchise
Opening a dog daycare business in the wrong location can doom it to failure. This is because customers are less likely to visit your store if it is located in a dangerous part of town or is located too close to a busy highway. The same may be true if your store is hidden behind other popular locations or otherwise fails to stand out from others in a given area.
Do You Know How to Upsell Your Customers Without Annoying Them?
You may be able to significantly increase the profitability of dog daycare facilities by offering multiple products or services that your customers want or need. For example, it may be a good idea to add a retail area to your store that sells toys, treats or other products that animal owners use on a regular basis.
More importantly, animal owners generally don’t worry about how much they spend on these items as long as they enrich the lives of their animals. Animal owners also tend to be willing to spend money grooming their pets, which means that you may have another opportunity to get more money from your patrons.
It’s important to note that you never want to act in a pushy or aggressive way when interacting with your customers. Instead, the idea of upselling is to simply provide an opportunity for these individuals to buy things from you that they would otherwise buy from a competitor.
Now May Be an Especially Opportune Time to Start a Doggy Daycare Business
The events that occurred in 2020 caused a huge uptick in the number of people who decided to adopt a dog. Now that many of these people are no longer working from home, they need to make sure that their animals are adequately cared for while they are away.
This presents a number of opportunities to create services and service packages that are tailored to each segment of your target market. For example, you could offer to come to a customer’s home for 30 minutes a day to walk, feed and otherwise ensure that this person’s animal is doing well.
For those who travel for business, you might want to offer a doggy boarding package that allows an animal to stay at your facility overnight. It’s possible for your company’s dog boarding business income alone to exceed $100,000 per year. Therefore, this is something that you’ll want to consider if you are thinking of easy and logical ways to maximize your ability to generate revenue from a physical location.
Feel free to contact The Dog Stop today to learn more about the products and services that we provide. You can also get in touch with us to schedule a daycare, boarding or grooming appointment for your furry family member at a location closest to you.