Franchise Hounds Town

Hounds Town

Franchise Fee: $49,000
Royalty: 6%
Total Investment: $457,200 – $771,900
Can Be Home Based: No
Founded: 2001
Franchised: 2015
VetFran Member: Yes

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Hounds Town Form

The happiest dogs on Earth have called Hounds Town USA home for more than 20 years. Since we opened, more than 600,000 canine visitors have taken advantage of our interactive doggie daycare, overnight boarding, grooming, retail products, and tail-wagging rides in our pet taxi because our clients adore us so much!

Hounds Town USA offers an affordable and pleasantly straightforward approach to pet care. It was established in 2001 by a former commanding officer of the Nassau County Police Department and handler for the NYPD K-9 Unit. Our straightforward business model is built on an open-and-shut strategy that offers our Franchise Owners incredible returns while giving them the chance to make their four-legged clients happy.

What is EBITDA?

EBITDA is an acronym that stands for: “Earnings Before Interest, Taxes, Depreciation, and Amortization.” In many instances, EBITDA serves as a measure of profits and financial performance for a business. It is sometimes a good replacement for net income.

Breaking EBITDA Down

Now, to truly understand EBITDA, you have to break it down entirely. Thankfully, the acronym makes this pretty easy. Let’s take a look:

Earnings: Money earned by the company
Before: This one is self-explanatory
Taxes: The money paid to the government by a company based on its tax rate
Depreciation: Decreases in the value of a company’s capital assets
Amortization: The cost of an intangible asset, spread out over time

EBITDA is a Heavily Used Comparison Too
When it comes to comparing businesses in a specific industry, many financial experts use EBITDA. It’s a commonly used profitability metric that allows financial experts to determine profitability among companies.Using EBITDA has become common for measuring core profit trends. Why? Because of the way it eliminates extraneous factors. It’s also useful for finding more accurate comparisons between companies in similar industries.Additionally, EBITDA works well as a starting point to estimate cash flow. This allows business owners and experts to determine a company’s ability to pay off long-term debts.