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Business For Sale
MANUFACTURING BUSINESS - PET PRODUCTS - PATENT PEN
Attn:
Aaron Muller
Not Disclosed, WA, USA
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Listing Number: "JTPetProduct"
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Listing
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Asking Price: |
$2,000,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Non-classifiable
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Reason for Selling:
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Owners lack the capital to grow the business. |
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Year Established:
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2004 |
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# of Employees:
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2 |
Business for Sale Overview:
Huge potential in this business opportunity. The main product which is manufactured by this company is an outdoor enclosure for indoor pets. They have found a niche in the market which caters to owners, breeders, vets, etc. From camping, to pet shows, or lounging around on the deck; this product ensures a safe environment for your indoor pet so that time can be spent together wherever you go.
This sale include the manufacturing business, a substantial amount of inventory, 2 Trademarks, a pending Broad Spectrum Utility Patent which should be finalized within the next couple of months, two web domains and all current retail/wholesale accounts.
There are numerous accessories and product line extensions covered in the pending utility patent.
This company is currently operated by the owners from home and has barely scratched the surface of the potential for the product. With the marketing efforts of a buyer with the resources and capital to get the product into mass-market retail stores, nationally and worldwide, this product has the potential to bring in multi millions in revenue.
Property Features and Assets:
The business is home based with a warehouse that is used for storage of the product. The manufacturing of the product is done overseas.
Currently most of the sales are through the website. There is also a presence in some smaller pet stores around the United States.
Market Competition and Expansion:
The Pet Industry has seen an explosion in recent years as owners have made the family pet an extension of their family. People want to spend more time with their animals including traveling to save on boarding or pet sitting.
The current owners have created a niche product, found a manufacturer and created accounts to sell the product. What they lack is the appropriate capital and resources to get the product into national pet store chains and create international connections to market the product overseas.
This business has the potential bring in multi millions in revenue with the appropriate channels of marketing and contacts needed.
A buyer will need marketing capital to bring this product to its full potential.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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