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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.

WMPS logo img dog backs

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.

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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.

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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.

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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

 
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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

 
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Want to Know More?

If you have any questions regarding West Mai Pet Supply, please contact me at 808.280.4881 or email jeffonderko@hawaiilife.com.

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.

Sources:
1) *IBIS World Industry Report 45391
2) **Lexus-Nexus Database

About the Author

Jeff Onderko

Jeff Onderko is a REALTOR Broker with Hawai'i Life. West Maui Real Estate Broker, and ultra enthusiastic advocate of Maui's Lahaina, Kaanapali and Kapalua areas. I truly believe it's an honor & privilege to call Hawaii home. For 17 years now, West Maui is where I live, work and play. My team and I specialize in resort market home and condominium sales striving to deliver the highest level of professional service possible. With $50M+ sold, a panache for extensive statistical research and 100+ published real estate articles since 2015. I'm relevant, information driven and responsive. I bring a passionate energy, an entrepreneurial understanding and a client-first approach to my real estate business. Prior to becoming a Realtor, I was an independent publisher, starting and operating Maui, Kauai and Hawaii Real Estate Weeklies, Maui Time Weekly (partner), and in 2005, I was a Mayors Small Business Award finalist. In 2009, after seeing the demand and living in an under serviced pet market, alongside my Mom, Susan we opened West Maui Pet Supply. I started my career after college as an account executive with Orlando Weekly ultimately becoming their Advertising Director. Then I moved on to Advertising Sales Manager at Orange County Weekly, in Southern California. I am native of Detroit, Michigan, but grew up in Florida splitting time between Miami, Orlando and Cocoa Beach, Fl. I was a scholarship soccer player at the University of Central Florida and graduated with a BA from their School of Communication. Always attracted to healthy lifestyle, adventure, great weather, water sports and the outdoors, I moved to Maui in the summer of 2002. When the Realtor hat comes off, I'm active in the community coaching U-14 Boys Soccer (AYSO - West Side Pride) and I still play in the West Maui open division. I'm involved along with other fellow Hawaii Life comrades volunteering regularly at the Ka Hale A Ke Ola Shelter in West Maui and I'm on the Board of the Hawaii Life Charitable Fund. Through the outlet of the WM Pet Supply, I was heavily involved with the Maui Humane Society & ASCPA getting animals adopted & spayed/neutered. When I have free time you'll find me surfing, golfing, at the gym, a regular at yoga class, hanging at home with my animals or working in the backyard on my organic micro-farm (aka: food garden). You can email me at JeffOnderko@HawaiiLife.com or via phone at (808) 280-4881.

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