Safe Pet Travel Products Distribution Company

Business Description

For sale is a 12-year-old upstate New York-based business that imports pet safety transportation systems and accessories. They sell through dealers and directly to consumers through their website (more than 86% of consumers and dealers purchase online, so the company is almost exclusively eCommerce).

This exclusive agreement with the manufacturer (supported by written agreements) guarantees the quality and integrity of their product line and allows them to maintain a consistent and reliable supply for customers.

78% of the business is direct to consumers and 22% to wholesalers (with the typical margin to dealers being 38%). The two existing full-time staff members and the owner would be excited to continue to be part of the business. They are looking to sell to a buyer who can help provide strategic support and resources to facilitate the company’s growth and expansion.

This listing requires seller approval for the CIM. We appreciate your patience as we receive approval and we will send you the CIM as soon as possible.

 

2021 2022 2023 Jan-Aug 2024
Revenue $1,720,858 $1,592,634 $1,834,798 $979,336
Earnings $388,520 $580,362 $771,155 $671,301

 

Financial

Asking Price: $5,000,000 (Includes $1.1M in Inventory)

Revenue: $1,834,798 (2023)

Income: $771,155 (2023)

Multiple: 6.4x

Sign the NDA