ABOUT THE BUSINESS
- Location: Genoa City, WI
- Purchased in 2015
- Owned for 7 years
- Services provided: Boarding, Daycare, Grooming
- 2 buildings and residence,7,000+ combined SF on 9acres
- 73 enclosures with 100 dog capacity
- 11 full and part-time staff.
“I liked that I could just go downstairs to flip laundry or check the dishwasher. It was really nice in the winter, as I didn’t have to drive in the snow and ice. If a dog was boarding downstairs by itself, I would bring it upstairs to keep it company. I just wanted the dogs to have the best experience.”
But while she knew how to care for dogs, Kelly had never owned a business before. It was a steep learning curve. Existing staff helped train Kelly in the software, systems and processes. But, common in ownership transitions, they were not used to a new management style.
“I wanted everyone to be trained in every job. I wanted everyone to work as a team. Some staff only wanted to do their job and would walk right past a situation that needed dealing with.” Kelly was eventually fortunate to get an office manager who stayed with her for five years.
With her resort now in tiptop shape but not having had much of a break in 5 years, she explored selling the business. Initial discussions with a prospective buyer fell through but Kelly secretly felt pleased. She realized she was not ready emotionally to sell. She was tired though – tired of being constantly “at work”, having customers turn up all times of the day unannounced and never having days off. However, she dug deep and things improved. . . until February 2020. Covid hit when Kelly was on her way back from a rare vacation in Texas.
“My staff were calling me saying ‘Fifteen people just cancelled their reservations’. Then more cancelations came. I thought, ‘What is going on?’”
Covid and post-covid were difficult days for Kelly. PPP loans helped her be able to keep staff employed for essential dog services, but her great office manager was gone. The split shift system that worked best for the resort financially, added another layer of complication to sourcing staff. But Kelly kept going and rebuilt her team, constantly working on training them, so the pet resort was back to full staffing in 2021. However, Covid had changed customers. They were grumpy, demanding and stressed. In mid 2021, Kelly decided to test the market once more. Turning again to Teija, Kelly sought advice and listed her business. Within a month of listing, Teija brought an offer from a private buyer who saw the resort’s potential.
“Teija really is the expert in this field. Her team is so specialized and well run. Because I had struggled for staff, I was a little jealous when I saw how great her team was and how well they worked together.”
The sale went through successfully in 2022. While Kelly now reflects on some of the mistakes she made as a first-time business owner, she has accomplished a lot more than many. She paid off the business, managed 15 staff, renovated, and got it to the level to sell at a successful multiple – all without a business partner and learning everything on the job.
“I’ve learned a ton,” she laughs. “And a lot of what not to do.”
A year on, Kelly has had time to decompress. She now thinks about either a smaller pet business, or a women-owned dog business partnership. With many options open to her, she plans to explore dog business possibilities in the remote locations of South Dakota, Wyoming and Montana.