Patented Equine Industry Wellness Product

Los Angeles, CA


Asking Price: Annual Revenue:
$75,000 $135,258

Services: Pet Care & Grooming


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RE: Patented Equine Industry Wellness Product Broker: Ryan Clark
Owner Financing is Available!
Seller financing is offered with $40,000 down with the rest carried for 2 years.

Quick Facts

Asking Price: $75,000
Annual Revenue: $135,258
Net Profit: $33,851
Cash Flow: $33,851
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 17514929
Broker Reference #: HorseV

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Business Overview:

This bourgeoning home-based business invented, patented and manufacturers a unique wellness product for the equine industry, but with potential applications for more than horses. The operation is a simple cut and sew one that requires a full-time owner and two part-time assistants. The company has tremendous 69 percent plus gross margin and is poised for growth. The business currently boasts 8 weeks or $20,000 in prepaid orders. A buyer will receive the associated revenues and profits to fulfill these orders.

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Property Features and Assets:

The business, established in 2009, occupies 1,200 square foot of space in the owner’s residence. All of the company’s equipment, goodwill and intellectual (property trademark and patent) will be included in the sale. Equipment includes 4 industrial sewing machines, web cutters, shelving, fabric racks, die cutters, patterns and more. Approximately $2,000 in fabric inventory will be sold at cost at close.

Market Competition and Expansion:

While competition exists, this company’s patented points of differentiation provide them a sustainable long-term competitive advantage over other marketplace providers. This provides the firm the ability to specially focus on targeting the UV protection health benefits they provide. The founders have created a highly regarded industry product that is embraced by leading equine ophthalmologists, veterinarians and Equine Cancer Society. Currently, their demand outpaces their ability to supply, as such new management will look to bolster their supply-chain and manufacturing resources. They will also likely wish to update the firm’s advertising and marketing programs and potentially revisit their pricing to maximize profits and product strategy to optimize inventory management. Pricing strategy may include bundling multi-unit orders, instilling a replacement product program or coopting other complementary products that may also be sold to target clients. This may also suggest partnering with complementary suppliers with alternate equine wellness products or acting as wholesalers for one another. Alternately, once production capacity increases, they could use their patent to private label the products for other horse wellness product vendors. From a selection standpoint, the firm may revise its available SKU’s to streamline the production times or minimize future inventory requirements.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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