This attractive eCommerce retailer specializes in selling pet products, such as toys, supplies, treats, supplements and more. Founded in 2009, this internet-based business has grown from offering just one dog toy to carrying over 500 products on 5 different sales channels, which clearly illustrates the company’s consistent YOY growth and revenue diversification. With average gross profit margins of 58% and net profit margins of 47%, the owner’s unique business model has been instrumental in allowing for a highly scalable platform that combines the benefits of a tangible product with the margins and flexibility of an internet based business.
Despite the owner never spending any money on marketing, this business has continued to thrive since the company’s inception and the company’s prestigious reputation among the industry has resulted in an extremely loyal customer following. This easily relocatable business can be operated from any computer with internet access and is easy to operate even for someone who has little eCommerce experience. Even with the company’s outstanding 47% net profit margins and consistent net profits above $1.2MM, there is still tremendous growth potential moving forward by expanding marketing efforts, adding new products and more. Ultimately, this is a high quality acquisition opportunity that is attractively priced and offers plenty of upside for overall return on investment.