This unique ecommerce supplement retailer provides cutting edge, scientifically advanced nootropic supplements. Since the company’s inception over two years ago, it has produced consistent cash flow and has established itself as one of the premier online retailers in an attractive industry which itself has grown by an average of 7% per year, over the past 10 years. All products that they sell come from their contracted Federal Food & Drug Administration Inspected and approved multi-million dollar facilities. The company maintains a very low working capital structure that requires minimal owner involvement and traditional office space is not required.
Unlike most businesses which require a great deal of the owner’s time to operate, this business essentially runs on auto-pilot as its system has been streamlined, fully automated and only requires less than 10 hours of the owner’s time per week to operate and physical office space is not necessary. This business continues to maintain average gross profit margins of 78% and net profit margins of 17% and the seller believes there is considerable upside potential for growth moving forward. Despite the seller’s initial success with the business, there is tremendous potential for growth by expanding internationally, selling on Amazon, adding new complementary products, and optimizing the websites and AdWords campaigns. Ultimately, this business is truly a turnkey operation and their strategic 3rd party manufacturing relationships allow for a highly scalable business model that is positioned for explosive growth moving forward, leaving plenty of room for overall ROI.
Sale Pending: No
First Seen: Thu, Dec 15th 2016
Last Updated: Sat, Oct 21st 2017