The Pet Industry is recession proof! That is a high mark for any business.
People don't get rid of their pets in recessions. Quite the opposite - the pet industry seems uniquely immune to economic downturns. In Florida with it's penchant for dog friendly indoor/outdoor restaurants, man's best friend can even accompany you for dinner and drinks.
“The pet humanization trend is alive and well and continues to drive growth at the premium end of the market,” -- Bob Vetere, president and CEO of the American Pet Products Association
A Florida pet business is a wise investment!
The Pet Industry is not seasonal!
A Pet Business has a high profit margin!
You can expect a profit margin above 60%! Dog and cat food margins stay around 50%, but chew toys bones and cat teasers bring in 70% profit margins. To anyone with a pet dog, cat or favorite bird - decisions for cash outlay on pet care are non-negotiable.
'Pets Are Becoming a Replacement for Children’: Millennials More Likely to Own Pets, Less Likely to Have Kids.
Have I made my case yet? Let American Business Brokers help you find a Florida pet business for sale and join a raging growth industry!
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