Request More Information Contact the Seller
- RE: Thriving Business In The Growing Diabetes Market
- Contact: Not Disclosed
Quick Facts
Asking Price: | $4,400,000 | |
Annual Revenue: | $2,170,274 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,039,350 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | Not Disclosed | |
BBN Listing #: | 953231 | |
Broker Reference #: | 13755 |
Business Overview:
This opportunity’s trademarked products have the exclusive feature of holding diabetic sensors in place without sticking to the sensor itself. The patches are sold through their website, Amazon FBA, and have achieved distribution in brick-and-mortar outlets as well.
The success of the patches landed accounts with two major US pharmacies where they are sold as a sole brand, generating approximately $757K in revenues in the TTM and resulting in Overall Profit Margins of 48%. One pharmacy has requested 4 more SKUs this year, which presents a huge opportunity to drive profit margins higher yet!
With the FBA and 3PL model, inventory is shipped directly from suppliers to the company’s 3PL facilities and Amazon FBA where items are stocked and prepared for customer fulfillment. The owner is currently working 10 hours per week overseeing and managing operations.
With its excellent margins, huge addressable market, and other ideas for expansion, this is the perfect time for a new buyer to acquire this business and take it to its next level of growth!
Key Benefits
Excellent Margins - 70% Gross Profit and 48% Net Profit for the TTM Sept'24
Trademarked Brand with Brand Awareness
Established Distribution Network
Exploding Market – growing very quickly and the Brand is well-positioned to benefit
Regular Inbound Business Development Opportunities
Financial Summary
TTM Sept’24 Gross Revenue$2,170,274 USD
TTM Sept’24 Cash Flow$1,039,350 USD
TTM Sept’24 Gross Revenue$3,131,167 AUD
TTM Sept’24 Cash Flow $1,499,523 AUD
*Converted from AUD to USD at the exchange rate of 0.69312 on 09/30/24. USD equivalent at time of sale will vary based on exchange rates.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Competition
Competitive advantages over the competition include: brand awareness, global distribution network and their product range.
Growth And Expansion
Building on its solid performance, this business is perfectly positioned for a new owner to take this business to its next level of growth.
Ideas for Future Growth Include:
Introduce new products in the category to bring to market
Grow the two major US pharmacy opportunities
Source more/new distributors
Reason for Selling:
Pursue Other InterestsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information