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 used seller financing to bridge the valuation gap, and what metrics actually mattered to the private equity-backed platform that acquired it. If you own a subscription-based service business — or you're thinking of starting one — this episode gives you a playbook for maximizing exit value without scaling to 100 locations. #DogDaycare #PetBusiness #RecurringRevenue #EBITDA #BusinessExit #SellerFinancing #PrivateEquity #BusinessBroker #SubscriptionModel #ExitPlanning #SmallBusiness #BusinessSale #DataRoom #ChurnRate #CustomerLTV #BusinessPodcast #FexingoBusiness #BuyerAndSeller Keep every episode free: buymeacoffee.com/fexingo