Project Description

Eight year old eCommerce company with very strong domain name markets products focused on Senior’s needs to the US and international marketplace; Gross Margin is 51%. Their mission statement is: “To provide seniors, baby boomers and other consumers in need with products that help make their lives easier and more productive. Product categories offered include: Feel Better, Handle Better, Hear Better, Move Better, Play Better, Relax Better, See Better, and Work Better. Current inventory is approximately $70,000 with 1,200 SKU’s offered through the website, a major shopping engine, and a catalog; most orders are shipped the same day received Business has significant upside potential given changing demographics and psychographics, e.g. people are living longer, seniors are increasingly living independently, Baby Boomers are aging. Significant successful efforts have been focused on securing federal and state government contracts. Business can be relocated to any US location and approximately 80 supplier contracts are transferable to new owner. Owner is selling because of other business interests.