Pet Nutrition Manufacturer, Competent Staff

Business Overview:

This business manufacturers custom pet supplements for clients who then private label the product and sell it under their name on ecommerce sites such as Amazon. The clients do not own the formulations, they only private label. This business is stable, with the current owner willing to carry 20% of the financing as a show of faith, and also is willing to consult long-term with the new owner. The extremely capable team gives a new owner the flexibility to move to absentee ownership, or alternatively to focus on growth.

The business sells custom-order to 20 clients, who then sell the product through ecommerce sites. Product categories include pet treat supplements, dog probiotics and dental sticks, and powder supplements. The close-knit six-person staff is extremely competent, with the number one employee capable of managing all day-to-day operations. The owner currently mostly offers high-level direction and works 20 hours a week. A new owner has the freedom to become more or less involved than this as they please.

If the new owner chooses to invest into growth, several promising routes are available. Currently this business does absolutely no sales, so bringing on a salesperson is one option. Launching the company’s own brand is another exciting avenue, as well as expanding into other product and animal categories.

This business comes with $950,000 of tangible assets including pet nutrition product mixers and a new dog dental product machine.

Priced at $2,935,000, a 15% down payment of $440,250 returns $407,034 in the first year after debt payments!

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Property Features and Assets:

17,000 square feet for $12,899/month; production space on two sides, racking for warehousing, offices, conference room, 2 bathrooms, break area.

Market Competition and Expansion:

Bring on a sales person (does no sales currently), launch new brand, expand into new product and animal categories.

Reason for Selling:

Owner has another non-competing business.

Additional Details:

Documents:

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