Flippa
FOR SALE
Business Name

Kinetik Sourcing Inc.

Business Model
e-Commerce
Industry
Health and Beauty

$88,800

Asking Price
Multiple 1.8x

+ $45,000 Inventory

We sourcing PPE and sell it to hospitals, dental clinics, and everyday people
This business owner has connected their financials with QuickBooks Online
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United States
Date of Founding
2020
Full-Time Staff
-
Annual Revenue
$73,047
Annual Expenses
$22,580
Annual Net Profit
$50,467
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month March 2020 April 2020 May 2020 June 2020
Revenue $1,221 $38,712 $24,791 $8,324
Expenses $45 $5,714 $13,064 $3,757
Net Profit $1,176 $32,998 $11,727 $4,567
Month Pageviews Users
June 2020 1,601 589
May 2020 3,108 729
April 2020 20 4
March 2020 0 0
February 2020 0 0
January 2020 0 0
December 2019 0 0
November 2019 0 0
October 2019 0 0
September 2019 0 0
August 2019 0 0
July 2019 0 0

Note: Traffic data was provided on 24 July 2020. Enquire for more recent data.

Business Description

Kinetik Sourcing Inc. started in the beginning of the US COVID-19 Pandemic. Using our teams combined skills in souring, international importation of goods and logistics, we decided to help provide PPE to those who needed it quickly.

We approach each day with a business partner and customer first approach. We aim to build relationships that will last a lifetime by creating comfort, security and warmth in those relationships we are so blessed to be apart of.

How does your business make money?

We source our prodcuts in bulk, apply genearl markups, and sell the products to those in need.

Why are you selling this business?

This business fell into my lap. I currently run another business called Swayy (swayyhammocks.com). I have other things I need to do, and this is a great small and nimble business that just needs a capable and knowledgeable leader.

Inventory

Units
20,000
Value
$45,000

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Inventory on hand or on order at the time of closing
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
4 followers
Twitter
2 followers
Instagram
4 followers
Pinterest
0 monthly viewers
Mailing List
15K email addresses

Post sale support

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

Included

About the Seller

Seth Hill

Verified Account

United States

I live my life with one purpose: to show people that I care about them, and their success.

Contact