Profitability Factors for Dog Boarding Business
A dog boarding business is profitable. The profitability of a dog kennel depends on the location, services offered, and ability to manage expenses. A kennel in a residential area near parks may earn more than one in a remote location. Additional services like grooming and training increase revenue. Careful expense management is essential to maintain profits. The average profit margin for a kennel is around 10%.
Growth and Opportunities in the Pet Industry
The pet industry made over $75 billion in 2019. Over $6 billion went to pet daycares and boarding. With strong industry growth, many new doggy daycare owners are excited about future profits.
Income and Profit Potential for Kennel Owners
PayScale reports kennel owners make $50,868 per year on average. Income ranges from $20,000 to $122,000 per year. The average kennel owner can net over $90,000 profit per year with a small kennel, 20 daycare dogs, and 10 overnight boarding dogs daily.
Demand for Kennels and Career Opportunities
Most households now have pets. Majority spend money on them monthly. More pets means more demand for kennels. Proper operations can provide rewarding careers for pet lovers.
Downside of Kennels
What is the downside of kennels?