For sale are a growing and profitable portfolio of two complimentary subscription e-commerce businesses in the pet supplies niche.
Launched in 2018, the businesses have differentiated themselves from the competition by focusing on high-quality toys and treats for cats and dogs packaged in monthly subscription boxes. With an emphasis on quality and customization, the businesses have successfully helped hundreds of customers find the perfect treats for their beloved pets.
With passionate pet owners spending an increasing amount of money on their pets, both businesses have experienced strong traction in the c.$75 billion pet industry. As pet ownership becomes more widespread, with c.107 million households in the US owning either a dog or a cat, both businesses have a vast addressable market to grow into.
With a clear focus on brand experience in the form of exciting subscription boxes, the businesses have achieved an impressive c.7.2% CMGR and a $330 LTV over the LTM. The focus on customer experience has also helped the businesses establish a loyal customer base. With lean and simple business operations, a new owner will have plenty of time and cash flows to invest in growth.
These businesses present a great acquisition opportunity for a new owner to take over a pair of rapidly growing subscription e-commerce businesses in an evergreen and growing niche. With strong business fundamentals, healthy recurring revenues and a loyal customer base, they are primed to be taken to the next level.
* Revenue and profit figures annualized on a last three-month basis.
Sale Pending: No
First Seen: Thu, May 9th 2019
Last Updated: Thu, Nov 14th 2019