Pet Product Manufacturer and Retailer

Description

Early stage company that has found it's niche in both the retail and the wholesale world, is positioned for next level growth in both sales and profits, this single product focused company has been building it's following and brand recognition at a commendable pace, most of which has been done from a laptop and all organically.

 

This is very much a marketing and sales play, as all system and processes have been refined and material inputs have been sourced. Find the sale, build it, deliver, cha ching!

 

- "Made in Canada" has proven to be a big winner for them. 90% of all inputs sourced in North America.
- 3 staff (2 FT and 1 PT seasonal) + 1 FT owner currently required to operate the business.
- 50,000+ social media followers, 100% organically grown, with 98% of all reviews being 5 stars.
- solid growth on the wholesale side of the business has recently begun and there has been impressive acceptance, which provides further stability in the income stream and certainly less cost and more efficiency.

 

If growth is something of interest, we firmly believe additional product introductions would be easily and quickly accepted by the established and trusted consumer base. There is much to be said about being laser focused and being the very best in your space, hence the reason why this company has chosen not to stray from its single product journey.

 

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital payment shall be adjusted based upon $0 peg. By completing the NDA below, and becoming a qualified buyer in our system, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions to help you move forward with the actions necessary to begin living your better life.

 

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.

Financial Information

Revenues have been trending up YOY and there is much additional upside that can be created.

 

Fiscal 2021 (May 27 Year End) - $753k
Fiscal 2022 (5 months YTD) - increase of 13%, projecting sales in excess of $850k

 

Seller's Discretionary Earnings:

 

Fiscal 2021 - $202k
Projected 2022 - in excess of $230k

 

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. It is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. This is pre-tax, pre-mortgage, and pre-discretionary expenses.

 

** Our expectations are for a minimum 35% down payment on the final negotiated purchase price, with the balance being financed over 6 - 7 years. Feel free to run some of your own calculations here:

 

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

 

Minimum Equity Required
$200,000

Real Estate

Leased location:
- 1164 Square feet (enough room to double production)
- 4 year term, expiring August 2025
- 2021 total cost of $1521 / mth.
- 5 year renewal option