Pets Products Manufacturer and Distributor
Sold Listings / 1806 views / Sold
This established and profitable, durable pet products manufacturer and distributor is poised for substantial growth by expanding sales of existing product lines or developing new products currently in the queue and/or your product ideas. This industry leader earned great reviews on its product lines with a reputation for innovative, problem-solving products. The Buyer of this company will have the freedom to choose from maintaining the business with absentee ownership or strategically growing the business while minimal staff handles day-to-day operations. This is an outstanding opportunity to invest in the $100 Billion Dollar Pandemic-Proof Pet Market, which is predicted to double by 2025.
Possible Absentee Ownership of Innovative Industry Leader
The company is currently set up to operate virtually, except for distribution, and uses a contract manufacturing model, which yields a high gross margin of 67% for wholesale and 82% for retail for one product, as an example. The virtual/contract manufacturing model also provides flexibility and efficiency in launching new products and manufacturing existing lines, yet manufacturing could be brought in-house to meet strategic objectives. Distribution could be operated out of the current Midwest location, relocated anywhere with a small warehouse, or outsourced.
The Company now boasts several pet durables product lines with outstanding reviews and a reputation for innovation and quality. This profitable manufacturer has great brand awareness with a mix of customers ranging from Large Distributors to individual retail customers through Amazon and direct sales channels. This is an amazing opportunity to contribute to the safety and happiness of pets with a profitable business in a growing industry.