Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Health and Beauty

$675,000

Asking Price
Multiple 3.5x

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An eCommerce business selling kits in the drug and alcohol testing market since 2003.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2003
Full-Time Staff
Owner Operated
Annual Revenue
$558,161
Annual Expenses
$366,015
Annual Net Profit
$192,146
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $38,959 $28,631 $24,033
Expenses $21,750 $19,038 $13,585
Net Profit $17,209 $9,593 $10,448

Business Description

For sale is an eCommerce business in the drug and alcohol testing market. It sells testing kits in a market that's expected to reach USD 8.63 Billion by 2022 from USD 5.32 Billion in 2017. In business since 2003, our clients include those in the manufacturing industry, retail outlets, law enforcement agency's, educational institutions, hospitals, rehab centers, and everyday households.

It is operated by one owner/operator and he is selling the business because he is ready to retire. The sale includes the websites and related domains, customer database, Amazon store, eBay store, 800 number, Social Media accounts, business emails and supplier relationships.

How does your business make money?

The store has 2 well established websites and a dedicated customer base with increased revenue in the 2nd and 4th quarters. The store offers products on Amazon, with one product being exclusive to them and a high generator of income.

Why should someone buy this business?

The business can be run from any location, requires 15-20 hours of work per week, generates a good revenue, is well established and has a great deal of potential for the new owner due to the existing customers and growing market.

How can the future owner improve this business?

The owner could expand more into 3rd party market places, expanding and growing social media and revamp both websites.

Why are you selling this business?

The owner is selling the business because he started it before the age of social media and the latest trends of marketing. He can't keep up and knows that in the right hands it can grow to 4 fold within a year or two.

Business Strengths

  • Customer Service
  • Length of Operation in Niche
  • Lots of Repeat Customers
  • Scalable Business Model

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Improve or Outsource Operations
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Design & Production
  • Managing Inventory
  • Order Fulfilment
  • Website Maintenance

Marketing

  • Facebook Advertising
  • Google Adwords
  • Word of Mouth

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Inventory on hand or on order at the time of closing
  • Relevant email accounts
  • Social media accounts
  • Toll-free numbers
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
180 followers
Twitter
120 followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

Confidential

United States