Well-established SBA Pre-Qualified, a 10-year-old online retailer of proprietary and private label nutritional supplements with a focus on ageing consumers. Business is completely turn-key. 77% net earnings growth TTM vs 2019. The average order value of $53. 95% of sales placed online, 5% over the phone. Over 19,300 customers in the database. 72% of all orders in September 2020 repeated customers! The owner works approximately 5 hours per month supervising the business with all other operational activities handled by 1 part-time employee. Good standing relationships with manufacturers based in the US. The business is highly automated from manufacturing to order fulfilment to market. Numerous potential growth opportunities include adding additional private label product lines, wholesale program, expansion onto Amazon, PPC marketing on Facebook and Amazon, affiliate marketing, opening international sales, etc. Strong transitional support provided based on the specific needs of the buyer. Owner is selling to pursue other (unrelated) business ventures.
Price
€ 400,000
Price Information
Included: Inventory / Stock, Logo and Branding Assets, Support after sale, Domain and Website, Suppliers Relationship, Customer Base
Business Operation
Annual Sales Revenue (€):
300290
Cash Flow (€):
124950
Year of Establishment:
2010
Number of Employees:
1
Expansion Potential:
Numerous potential growth opportunities include adding additional private label product lines, wholesale program, expansion onto Amazon, PPC marketing on Facebook and Amazon, affiliate marketing, opening international sales, etc.
Competition / Market:
Business is completely turn-key. 77% net earnings growth TTM vs 2019. Average order value of $53. 95% of sales placed online, 5% over the phone. Over 19,300 customers in the database. 72% of all orders in September 2020 were repeat customers! The owner works approximately 5 hours per month supervising the business with all other operational activities handled by 1 part-time employee. Good standing relationships with manufacturers based in the US. The business is highly automated from manufacturing to order fulfillment to marketing.
Support & Training:
Owner is selling to pursue other (unrelated) business ventures.
Reasons for selling:
Strong transitional support provided based on the specific needs of the buyer.