Whole Distributor of wholesale pet (dog and cat) supplies throughout the Southeast. Over 40% of U.S. households own a dog or cat, and estimates are that over $43 billion will be spent on pet care in 2008. 90% of the revenues are wholesale to pet shops, pet groomers, feed and seed stores, and veterinarians. 10% of the revenues are from walk-in retail sales.
The customers of the business are established and new customers normally come by word of mouth. The owner has done little in the way of outside sales in the last few years. Since most orders are paid by credit card or C.O.D., there is little to no accounts receivable.
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