An exciting opportunity for an energetic owner to take this successful business to the next level.
We manufacture an innovative and ecologically-friendly composite pet litter, selling to catteries, online customers, vets and through several retail shops nationwide. Some of the distinctive features of this product is that the litter is lightweight, bio-degradable, compostable, flushable, highly absorbent and has high odour-absorbing properties. The main components of the litter is recycled newsprint, mill fibre and the mineral zeolite.
Since its inception six years ago, the business has grown into a reliable source of revenue with a database of returning customers, and an increasing demand for the product. The business is currently producing in excess of 25,000 litres per annum which barely meets demand. The company has demonstrated the technical viability of the original product and is able to show that manufacturing used in its pilot plant is readily up scalable. Such a move would markedly improve the economics and profitability of the business.
The current owners work a total of 12-20 hours per week manufacturing the product, and an additional 5-10 hours per week bagging and dispatching the product. The manufacturing business is based in a rural barn with the packaging being done in a residential garage.
Because of serious health concerns, the retiring owner is unable to continue this business beyond mid-2021. We are seeking a controlling investor to propel the project the company forward; alternatively, someone offering a clean buy out could get involved. We are able to provide a supportive transition and on-site training.
Test work, both scientific and commercial, as far afield as the UK and the Netherlands has vindicated that the product is high performance and able to compete on a global market. The company has also had approaches from several Australian and Chinese based companies to supply into their markets; quantities required are beyond our current capacity to produce.