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13-Year-Old Pet Vertical eCom Business with Patents + Large Growth Opps | $106K SDE

Date Posted: 03-14-2023 Last Updated: 03-22-2023
Financial Information
Price: $340,000
Annual Revenue: $253,055
Annual Net Profit: $106,194
Revenue Multiple: 1.34x
Profit Multiple: 3.2x
Post Details
Business Country: United States
Currency: US Dollars
Brokerage Firm: Quiet Light Brokerage
Additional Information
Websites  
Description

Started in 2009, this patented cat product line is loved by pet owners and has many growth opportunities.

It’s a home-based business that has been built and developed over the past decade with love, care, and impeccable service. There are two patents and one trademark with the business.

The current patented product margins are 74% and revenue is around a 50/50 split between Amazon and Shopify.

The current owner does not spend any money on Amazon PPC and has a $40 monthly budget for Google PPC. The current advertising spend is 0.3% of revenue. The current Amazon listings only have one product photo and no videos.

Growth opportunities include advertising on Amazon, Google, and Facebook, switching to FBA, completing the Amazon listings, reducing manufacturing costs through overseas factories, consistently staying in stock with all colors and bundles, raising prices, and launching additional products.

International customers in Europe and Australia have been asking for easier and cheaper shipping options for years.

The current owner does not use a 3PL and fulfills all orders (Shopify, Amazon, and wholesale) herself. She works 20–30 hours per week in the business. She is incredibly passionate about wildlife viewing and birds and would love to see this business grow in the right hands.

**The books are done on a cash basis.

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