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Active B2B Pet Products Distributor

Seminole County, FL

Seller Financing Available

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Asking Price:$380,000
Inventory:$200,000
FF&E:$102,633
Gross Revenue:$1,072,234
Rent:$4,000/Month
Established Year:2017
Listing ID: 2265499Listing provided by BizBuySell
BUSINESS DESCRIPTION

Business focuses on the distribution of quality pet treats, pet foods & supplements along with pet accessories in that order. The business is considered a hybrid distributor that in many cases is bypassing regional wholesalers with private label products given their ties to India, S. American and US market suppliers. This accounts for nearly 70% of overall sales and generally results in a 15%-50% savings to respective clients compared to competitive offerings.

The Company is currently servicing Florida independent pet and feed stores with an 80% market penetration. Scalable opportunities include market expansion along with increasing product offerings. Inventory of at least $200K is included along with 2023 Isuzu panel truck. The Owner has elected to market his business due to declining health but is willing to consider a longer term/consultative transition to support an engaged Buyer.

DETAILED INFORMATION
Location
Seminole County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,500
Lease Expiration
31/10/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Office/Warehouse dock high space located in Industrial Park consisting of 4,500 SF with sufficient office buildout conveniently located to major highways. Inventory of at least $200K will be included that is well turned as obsolescence is addressed by respective discounting. A 2023 Isuzu panel truck is included that is currently not used due to owner's health challenges. Warehouse has full raking systems and is insulated with active cooling system to prevent unwanted pests. A number of freezers are also included to store more sensitive items.
Competition
For a substantial share of its products, the business offers a pricing advantage to its clients. Some national and regional competitors exist that generate sales given wider product offerings.
Growth & Expansion
Commencement of an active calling/sales effort is likely to generate further growth. Regional expansion to other States could significantly improve overall sales. A further expansion of inventory and product offerings could also improve further Client penetration. Subject Pet supply market is expected to experience strong growth trends over the next few years.
Financing
Negotiable
Support & Training
Up to 4 weeks, however, the owner will consider a longer-term consultative arrangement if so desired.
Reason for Selling
Retirement and health challenges.
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Brad Carpenter
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Brad Carpenter
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