Project Description
19-year-old well established company offering medical & massage tools and equipment. 36% of sales come from owner’s own brand. Over 1,300+ different products with average order value of approximately $939! 60% of orders drop shipped and 36% 3PL and 4% stocked. 76% of sales via website, 24% via marketplaces. The business is highly efficient from purchasing, marketing, & order fulfillment. Good standing relationships with 35+ suppliers. Owner works full time managing and operating the business. The company has 2 employees who handle customer service, order processing, bookkeeping, etc. Strong growth opportunities include: expansion of owners brand, add additional products offered by manufactures, international expansion, hire outside sales team, additional expansion into Amazon, and other online CPA comparison shopping engines and networks. The business provides new owner(s) with a complete turn-key business. Business can be operated anywhere in the world. The seller will provide strong transitional support based on the needs of the buyer. Owner is selling to retire.
2022 Revenue: $5,876,309 (March 2022 TTM)
2022 Profit: $ 1,522,083 (March 2022 TTM)
2021 Revenue: $5,536,256
2021 Profit: $1,436,918
2020 Revenue: $4,754,184
2020 Profit: $1,126,233
Status: Under LOI
Employees: 1 FT & 1PT
Years Established: 2003