Seller's Contact Information
- RE: Ecommerce Fitness Manufacturer 12 Years PRICED TO SELL
- Contact: Dean Wiltse
Business Overview:
Patented, made in USA, $380k sales, $94k EBITDA, $130K SDE growth potentialOwner divorce is your opportunity! Required to sell https://lifetimevibe.com with $380,000 gross revenue and $94,000 net EBIDTA. Gross revenue in recent years as much as $650,000.Terms: $200,000 cash: almost the value of the hard assets in equipment and inventory. Seller finance loan of $299,000 at 7%! ($499,000 total). Discount for ALL cash and fast close.This company has already sold a $3500-$4500 product online to more than 2500 customers in the fastest-growing populations in the US: Adult Athletes, Seniors, and Chiropractors/Wellness Centers.See the 68 unanimous 5-star reviews on Google, or the 160+ authentic customertestimonials on youtube at https://youtube.com/lifetimevibeThis has been part time for the owner, requiring about 10 hours a week to run. Because of some personal transitions, forced to sell the company making the best whole-body vibration machine available, with solid long-term cashflow and tremendous growth potential.The product has already been sold to more than 200 chiropractors and 2500 individuals. It is just beginning to market to the rest of the U.S.This is almost an absentee business for me. I just make sure orders and working and make high level decisions.Here's how it works:Manufacturing:Shop manager handles employees, parts ordering, assembly and shipping. Owner checks in a couple of days a week by text and occasionally stop in the shop for a few minutes to make sure they're doing ok.Payroll/bookkeeping:Twice a month. Employees update their own google sheets and bookkeeper reviews the sheets and pays them. Costs here are extremely limited.All transactions are automatically synced with bank account and credit cards.The bookkeeper checks reconciliation once a month and has a quarterly phone call with owner, or email questions at any time.Marketing/OnlineBecause I'm personally interested in SEO and marketing, I've been using SEMRush to manage SEO myself, with the help of an intern who recently completed a tech college digital marketing and analytics certificate. She is very capable for growth or another firm could be hired.Google ad spend is minimal. Social ads have great potential!Most new customers are word of mouth and order online.Sales/FulfillmentNew sales are primarily online, which generates automated receipt sent to the customer.Commission salespeople or incoming phone sales use the entry form at https://lifetimevibe.com/sales. This form automatically charges the credit card, sends the customer a receipt, and generates emails to me and the bookkeeper.Property Features and Assets:
Equipment and tools include forklift, welder and metal assembly parts, other large and small power tools valued at $46,000. Inventory of competitor machines, completed machines, and unassembled parts valued at $104,000. U.S. Patent, Trademark LifetimeVibe, several URLS, including lifetimevibe.com Complete lists of 2500 past customers and another 1,000 leads Website with 1.7k monthly organic traffic, 66 keywords ranking in the top 3, 148 in the top 10. Amazon store with optimized listing. (Home Based)Market Competition and Expansion:
Lifetimevibe is best whole body vibration machine available, and the only one made in the USA. It has already sold more than 2500 machines and customers love it! Competitors include PowerPlate, Hypervibe, and many cheap machines sold mostly on Amazon. Lifetimevibe's patented design is beautiful, gentle and smooth to use, and less risky for a fall. Because the controls are simple and intuitive, It's uniquely suited for seniors, athletes, chiropractors and wellness centers.Reason for Selling:
DivorceAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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