Pet Clothing Manufacturer

Description
This is your opportunity to obtain an established company with worldwide distribution selling into a market that has more than doubled in the last six years. One hundred percent of sales are through the Internet with most going through resellers and less than 10% of sales made directly to retail customers. Manufacturing is currently done in Texas but could easily be relocated. Products are shipped throughout the US as well as to fourteen countries, including Australia, Japan and Spain.Its numerous customers include posh pet boutiques, five star hotels, Television productions and even Hollywood has featured these great products in its movies. The owner started the business five years ago and has been running it as a hobby ever since so there are numerous opportunities to both expand and improve the business. Contract employees are paid by the piece making the cost of manufacturing truly variable with sales. The current product line primary targets the dog owner market but the equipment is perfectly suited to make clothing for other pets and could even be expanded into markets such as doll clothing.
Current owner is retiring but is willing to train the new owner for a smooth transition. The business needs someone to concentrate on increasing the distribution channel and selling direct using the existing Internet presence. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer.
Included in asking price
Furniture / Fixtures and Inventory / Stoc included
Sales Revenue
46000
Net Profit
4500
Years Established
6 years
Employees
3 Full Time
Trading Hours
Monday-Friday 8:30-4:00
Location
1,969 sq. ft. building
Support/Training
Seller will provide training
Reasons for Selling
Retirement
Finance Available
Seller will negotiate financing
Furniture/Fixtures Value
$8,600 (included in the asking price)
Inventory/Stock Value
$25,000 (included in the asking price)
Tenure
Leasehold
Lease Terms
$1,150 per month