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Latest / The Buyer & Seller Podcast with Fexingo: Business Brokers, Exits, and Private Sales Explained

How a Dog Daycare Sold at 300x EBITDA with Recurring Membership Data

In this episode of The Buyer & Seller Podcast, Lucas and Luna break down the sale of a suburban dog daycare that achieved a 300x EBITDA multiple — not because of flashy growth, but because of airtight recurring membership data. The business had 85 percent of revenue locked into monthly subscription plans, with 14-month average retention and a waitlist of 40 dogs per location. The buyer wasn't buying kennels and play yards — they were buying a predictable cash flow stream with documented churn and lifetime value. Lucas walks through how the seller structured the data room, why the buyer…

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