Annual revenues: $1.5 M. Owner’s income: $423,000
The business is a wholesaler and retailer of equestrian related products to the farrier industry and individual horse owners. It has been a family owned and operated business for over 25 years and has grown to become one of western Canada’s best source of farrier supplies. Retail customers are responsible for 60% of sales and wholesalers for 40%. Approximately 90% of business comes from BC and 10% from Alberta. The main product lines are: (1) horseshoes (2) horseshoe nails (3) feed supplements (4) hoof care products and (5) tools (such as anvils). (75% of sales are horseshoes). The business has a solid account base of repeat customers and excellent relations with its suppliers some of whom they have worked with for over 25 years.