[SOLD] – Online pet accessories business for sale:

*** Update 12/5/23: the business owners have updated their asking price. It was VND 995,000,00 and now it is VND 700,000,000 !! ***

<< Well established, online pet accessories business for sale in Vietnam. The business is already selling via its own website, via several market place platforms, and it has its products in various physical shops around Vietnam. They enjoy a great reputation for (very-) high quality products, and great service. Already making modest profits in a very promising pet market, and with lots of potential to develop further. However, due to other work activities, the ownership unfortunately does not have the time to give this business the full attention that it deserves, and is therefore looking for a passionate new owner. >>

What’s on offer?

• This well – established online pet accessory business is looking for a new owner.
• The current owners (foreign + VN) are too busy with their other work activities.
• They would love handing this business over to somebody with full attention.
• Great online presence, including a good looking, professional website, IG, and Fb.
• Online retail and wholesale via its own website, and various other channels.
• Already in several shops around Vietnam, with a great potential to scale.
• Steady revenue, and high profit margins.
• Full handover of supplier contacts, sales administration, and other useful contacts.
• Current owners are passionate about their business, will ensure smooth handover.
• Strong reputation for its good quality of products, and customer service.
• Currently registered as a partially foreign owned company.
• Possibility for the buyer to obtain foreign ownership, apply for visa.
• The accounting / tax situation has been taken seriously, and is up to date.
• More info, stock list, and financial reports available upon request !!

Key selling points:

• This online business is already registered and profit – making,
• Very potential field of business, with plenty of opportunities to develop,
• Partially foreign owned, with ownership- and visa- opportunities for foreign buyers,
• Great online presence,
• Strong reputation,
• All the systems are already in place –> turnkey business,
• Low maintenance costs, no physical location or warehouse needed,
• Owners very helpful in handing over the business to new owner.

Potential:

• The pet market in Vietnam is on the rise, pet owners are willing to spend good money on good quality products for their beloved pets. This specific business has managed to source (very-) high quality products, and has built a very strong reputation for it. All supplier- and logistics contacts will be included in the sale.
• Online business allows the business owner flexibility. No physical location needed, but instead a very good website, and social media presence is already established. They already have their products in several physical stores around Vietnam, and there is a great opportunity to further develop this part of the business.
• The asking price is negotiable, and the current owners are also open to discuss selling only a part of the business for those who are interested in that. The owners would prefer a full take – over, because they are simply too busy with their other work commitments. But for interested parties: they are open to consider and discuss other take over – options. The key point being that they would be very happy to stay involved, and contribute to the continuous success of the business, but simply not having the time to be full – time involved themselves.

Foreign ownership:

In Vietnam, it is possible for a foreign individual or company to purchase an online retail / wholesale / export business. In fact, this business is already partially foreign owned, which is a good sign. Buyers could either establish their own new legal entity, or they could transfer the ownership of the existing legal entity (LLC). Our Bizspective team can advise you in more detail about how you could try to obtain full foreign ownership, if you would be interested in that. We can also help you with the legal / administrative side of the acquisition. And we have visa partner who could take care of that part for you, if needed. So if you have any questions about foreign business ownership: contact us directly either via Facebook, WhatsApp, e-mail, or fill in the “contact us now” form.

Further information:

Are you interested in this business for sale? Would you like to learn more about this business, for example a list of inventory and stock, financials, and/or more photos? Do you have any further questions, and/or would you like to organise a meeting / call with the owners: click the “contact button” in the top right corner or send us an e-mail: [email protected] . The ownership team of this business is very helpful, and they will be happy to make the handover very smooth. We look forward to hearing from you! If you are looking for any more businesses for sale, or any other type of investment opportunities, do not hesitate to contact us.

*Disclaimer:

Even though our Bizspective team always tries its very best to provide you with correct and complete information: we cannot always independently verify all the information of our listings. We therefore always recommend company buyers and investors to do their own due diligence before moving forward with any of the business / investment listings on our website. If you are looking for professional support with your due diligence: feel free to drop us an e-mail in order to get connected with one of our professional partners around Vietnam.