Listing ID: 73230
Unique product/manufacturing opportunity for potential buyer in the $72 billion+ pet industry. This award-winning product – an automatic pet waste removal system – will disrupt both the pet and the plumbing industries. The product is a result of thorough research and development and is patented across multiple continents. Now it’s ready to be manufactured and introduced to the market.
The pet waste removal system has been developed, tested and vetted by plumbing professionals as well as pets. A potential buyer has the opportunity for high profit return via mass production and distribution. This product is not only a benefit to pets and pet owners. It was designed to assist the disabled and service animals as well as to reduce harmful matter often left in the environment. Home installation will be required by a plumber.
This will directly compete with other pet and pet-waste industries, including:
• Expensive pet waste removal services
• Plastic non-biodegradable bags
• Unappealing potty pads
• Lawn treatment for discoloration
• Routine dog walking
What buyers should expect:
• Full control of product
• Established supply chain resources – as needed.
• Support and collaboration with product inventors
• Growing list of potential customers who have expressed interest in product (both residential and commercial opportunities)
This business opportunity is ideal for anyone with a passion for pets and/or experience in the plumbing or manufacturing industries. Seller is looking for experienced acquisition partner. Majority control and ownership up to 70% is available. Sellers are motivated and flexible. Royalty structure or patent licensing could be considered.
Sellers cannot continue into the production phase and are looking for experienced individuals to acquire majority control to bring the product to market.
If you’re interested in learning more contact Scott Davis with Transworld Business Advisors.
- Asking Price: $800,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $275,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2015
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Continued Support provided as needed
The company was established in 2015, making the business 7 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell companies. However, the true reason vs the one they say to you may be 2 totally different things. As an example, they might claim "I have too many other obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competition, recent reduction in earnings, or a variety of other reasons. This is why it is really essential that you not rely completely on a vendor's word, yet instead, use the vendor's solution together with your general due diligence. This will repaint a more reasonable picture of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering items like stock, payroll, accounts payable, and so on. Keep in mind that sometimes this can mean that profit margins are too tight. Numerous organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be satisfied or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract new clients? Many times, operating businesses have repeat consumers, which form the core of their day-to-day profits. Specific elements such as new competitors growing up around the location, roadway construction, and staff turn over can influence repeat clients and also adversely impact future incomes. One crucial point to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business on a regular basis, the higher the opportunity to develop a returning customer base. A final thought is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? Just how might the regional mean home income influence future revenue potential?