Established in 2003, this successful online retailer and manufacturer of pet enclosures taps into a niche market. This company’s high-quality products are distributed both nationally and internationally, capitalizing on the proximity of the US market.
Established in 2003, this successful online retailer and manufacturer of pet enclosures taps into a niche market. The business offers innovative tailored enclosure solutions which are pet-friendly, easy to install, transportable, and durable. Assembly and customization of the enclosures is the company’s main operational activity. This company’s high-quality products are distributed both nationally and internationally, capitalizing on the proximity of the US market, which in fact, is the company’s biggest revenue generator.
The company is highly reputable within the Pet Industry and among veterinarians in North America, catering to both residential and commercial consumers. Operationally, the business is neither labor nor capital intensive, with minimal overhead incurred annually. The business has no supplier dependency because of its durable relationships with multiple suppliers. The product line offers over 15 expertly engineered enclosure kits and various custom enclosure add-ons.
Sales are primarily driven through the existing online presence, as well as, relationships with veterinarians. This business has demonstrated consistent historical financial performance, consistent sales, and solid year-over-year returns.
This is an excellent add-on opportunity for a manufacturing company or a company already in the Pet Industry space, or an owner-operator looking for a successful turn-key opportunity. The existing owner is willing to provide the required training and support to ensure a smooth transition.
Financial information can be provided if requested.
Our average sale price had been $1,500 but has been increasing steadily with the market. With our existing profit margins, we predict that there will be a 20%rate of return, over 5 years, based on past performance.
All assets will be included in the price. This includes all materials, tools and a pick-up truck. The instructions for the kits are very self –explanatory, so that very little training is required. I will provide 6 month of my time to training plus I can be available for more if needed, this can be negotiated.
Our target market is female 35 - 80, males 45 - 80, empty nesters, and people with no children, with income ranges from low/mid to high income.
We have found that very little marketing is needed. A few select trade and cat shows need to be attended, along with a good, strong web presence. Also, we have over 1600 Veterinarians that carry our brochures across North America. These relationships need to be maintained with brochure mailing and trade shows.
Over the past few years the growth of the company has been about 5 - 10 %. I can see with the new trend towards Catios the growth will only increase to go beyond 1 million, within the next five years. I am now aging and it is time to put the company into other hands that can make it grow.