Flippa
SOLD!
Business Name

Maikai LLC

Business Model
e-Commerce
Industry
Health and Beauty

$24,900

Asking Price
Multiple 6.4x

+ $45,230 Inventory

Nutritional Supplement E-Commerce. Ground floor, TM, & Branded. USA manufactured, 25 yrs FDA SC Facility 4000+ customers & over 45k in inventory. Amazon, Shopify, FB, Instagram
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
1 to 10
Annual Revenue
$15,600
Annual Expenses
$11,700
Annual Net Profit
$3,900
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

Ground floor opportunity in the E-Commerce, Supplement, Nutritional market. Excellent, fully branded products with all listings optimized for sale on Amazon and Shopify. 11 SKU’s, Facebook with over 270 followers, Instagram over 9000 followers.

The listed asking price is for entire package, including all INVENTORY and business assets. To be absolutely clear, the owners are selling for roughly 50% of the wholesale value of inventory with TM, Branding, Customer List, Shopify Website, FB, Instagram, Followers of both, Amazon Platform with all listings optimized and all contacts for manufacturing etc. included for free.

How does your business make money?

Online E-Commerce retail sales.

Why should someone buy this business?

  • 11 SKU ' s
  • Fully developed brand with a huge potential to grow to 100k/month and beyond
  • Each product has a fully optimized listing
  • Fully optimized website developed on Shopify and integrated with Amazon's FBA
  • USPTO Trademark
  • All products sourced with the same supplier with low production time

How can the future owner improve this business?

Unlimited opportunity for the astute buyer willing to dedicate 10 hours a week in marketing and management. Unlimited upside for over 100k/month in sales or more. The only limits are what you can imagine.

Business Strengths

  • High Profit Margins
  • Low Return Rate
  • Low Time Commitment Required
  • Strong Manufacturing Relationships
  • Turn-key Operations

Opportunities for a new owner

  • Launch New Products
  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Content marketing

Marketing

  • Amazon PPC
  • Facebook Advertising
  • Instagram Advertising

Inventory

Units
9,246
Value
$45,230

Seller Notes

My partner and I started launching products last Spring. I oversaw sourcing and all things required before the product sales and he oversaw all things marketing, with us sharing many of the random responsibilities that come up.

We started out with some basic promotion, ranked quickly with steady growth trend and well received on reviews. (all sales are on Amazon Seller Central platform)

We promoted reviews with our customer base and were careful to stay within Seller Central Terms of Service. If you look at the profit margin, it is tight and low, and this is because we had come in with low pricing to rank and promote until we reached first page. All the products reached first page status quickly on good key words and we chose to keep prices low and build rank on more valuable key words before raising our prices.

It was during this time that Amazon did a major policy change and with that came a review sweep of anything that did not fit with in their algorithm of acceptable reviews. We tried to recover the reviews we lost with no positive results or response from Amazon, we also lost all the ranking we had built.

I was living on a sailboat in the Caribbean at the time, with limited access and my partner was having a more serious problem due to the reviews sweep on his other established brands, he was also struggling with some personal issues. We lost all our rank and all our reviews, I apologized to my partner as I was not that available to contribute to the latest challenge of re-ranking and marketing for months and my partner apologized for not having the time either. A few months turned into a few more months and neither of us have had the time or interest to re-start.

My wife and I have decided to take a few years (or more) off and enjoy time with our son before he is off to college. If there are any other questions, we are fully transparent, nothing to hide and would be willing to answer any questions. Support is available after purchase of course and I should always be available and respond same day or within 24 hours.

Attachments

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
270 followers
Twitter
0 followers
Instagram
9.1K followers

Post sale support

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

Included

About the Seller

Jason Desmul

Verified Account

United States

Serial online and traditional entrepreneur.