68%* of U.S. Households Have Pets: Just Listed – West Maui Pet Supply
West Maui Pet Supply shut its doors in July of this year, but the business asset and opportunity is for sale. Think of the opportunity as a car project. The offering includes the keys, steering wheel, engine, headlights, manual, tires, and things in between except: The buyer has to find a suitable body style, put some gas in the tank, and press the acceleration pedal. : ) It’s a fixer upper with proven history and a starving market (literally) that just needs someone to get in the driver’s seat.
Included in the Sale
The sale of West Maui Pet Supply encompasses all of WMPS’s assets, including but not limited to furniture, fixtures, equipment, inventory, customer lists, trade names and marks “West Maui Pet Supply,” historical sales, POS system, customer and vendor records, website files, online website store, domain names, all computer and accounting software including licenses, registration codes, usernames, passwords, marketing software, and any other business assets used in the operation of WMPS.
The sale does not include any physical location or lease, that’s where the buyer finding “the suitable body style” comes in. You get to find your own and customize.
Photos taken from West Maui Center Location
Emphasizing pet nutrition and living by the motto “Pets live longer when they eat healthier,” West Maui Pet Supply offered the very best pet foods, treats, and supplies for dogs, cats, birds, and small animals, carrying brands like Acana, Blue Buffalo, Orijen, Solid Gold, Taste of the Wild, and Wellness to name a few.
They also specialized in flea and tick products, medications, pet supplies for the home, and at one point offered grooming, daycare, and boarding services. This was a family-owned business that had immediate and consistent demand from the day it opened its doors in September 2009.
So…This is the opportunity for you, Mr. or Mrs. Prospective Business Owner/Operator! A little known fact: 68%* of households have pets*. A very well known fact: West Maui currently has no pet supply store.
I’m going to go out on a limb and say we do not need another gift shop, over-priced restaurant, art gallery, shave ice, surf or t-shirt shop. West Maui needs more supporting resources and services for the locals and part-time locals that live, work, and/or play here. Businesses that make our life easier and convenient each and everyday.
So listen up entrepreneurs and business opportunists, we are not recreating the wheel…1-4 households have children**, 2-3* households have at least 1 pet. Can you say underserved? Can you say, opportunity?
West Maui Pet Supply Statistics
Plainly put, West Maui owners and pets need a pet supply store, and this is your chance. Opened to immediate success, here are some West Maui Pet Supply statistics:
WMPS Annual Revenues:
- 2010 – $208K
- 2011 – $332K
- 2012 – $433K
- 2013 – $312K
- 2014 (closed in July) – $130K
WMPS Facts & Information
- Owner: Family-owned/1 owner
- Employees: 1-3
- Customers: 800-1,200/month
- Locations: 3 different in 5 years
- Open: Formerly 6 days/week, 10 am-6 pm
- Price: $25,000
The U.S. Pet Industry Snapshot*
According to the IBBS World Industry Report, “the five years to 2019 are expected to be promising for the Pet Stores industry. Rising pet ownership is expected to be a strong driver of industry demand. In addition, slowly improving economic conditions will boost consumer spending, allowing customers to purchase more premium pet products and services.”
- Annual Revenue: $16.5 billion
- Profit: $594.7 million
- Annual Growth: 3.2%
- Number of Stores: 13,156
- 81% of revenue comes from pet food and pet supplies
Want to Know More?
Jeff Onderko is part owner of West Maui Pet Supply and a licensed Realtor. No physical location or lease agreement is offered in this sale. See (MLS# 362941) for more info.
1) *IBIS World Industry Report 45391
2) **Lexus-Nexus Database