Asking Price
$2,250,000
Gross Revenue
$4,548,602
Cash Flow
$621,568
Overview
Business
Description
SBA Pre-Approved - This offering is pre-approved for partial financing/loan from a 3rd party lender.
This business is a well-established, quality online pet store selling thousands of premium pet supplies and products, including USA EPA approved pet meds. Products are sold predominantly through their Amazon Storefront with some sales also through their website, eBay and Walmart.
With excellent supplier relationships, they are continually adding new products at low prices. The company has successfully added and continues to work with large distributors to add new products that they will have exclusive rights to sell on Amazon and in the USA. They have also started discussions to work with a company that has access to an existing network of Vets to begin a subion-based Rx fulfillment program. This will take a little more legwork and development from the new owner to integrate business platforms but as a result will generate a new revenue stream and give the business the opportunity to upsell its existing products to a new client base.
The current owner works approx. 1-2 hours per week overseeing the direction of the business with day-to-day operations handled by a dedicated 3PL logistics/business partner and a handful of contractors. Current marketing strategies rely solely on marketplaces, with no cost for ads. This is a huge opportunity for a new owner with social media marketing skills to increase sales.
The company has demonstrated YoY growth. The business has several meaningful unexplored opportunities to further scale to deliver new revenues, including a recent branded product in the Veterinary space, new marketing avenues and procurement of new products to add to its existing line up.
Key Benefits
YoY Growth
Excellent Amazon Ratings
Selected as 1 of 2 Online Retailers for Several Major Brands
Great Supplier Relationships Allowing Low Price Product Sourcing
Strong Social Media Presence
New Product Initiatives Underway
Growth Prospects
Building on its established foundation and current growth trends, strategies for future growth include:
Social media and email bursts
Add more brands through distributors and brand owners
Create own brand utilizing co-packers
Add other product categories
Sale
Reason for Selling
Pursue Other Interests
Training/Support
Yes
Premises
Location
New York, NY
Contact The Seller
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