Thriving Business In The Growing Diabetes Market

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 $634,000 in the TTM and resulting in Profit Margins of 46%.  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 - 69% Gross Profit and 46% Net Profit for the FYE Jun'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

FYE Jun'24 Gross Revenue $1,782,573 USD
FYE Jun'24 Cash Flow $822,942 USD

FYE Jun'24 Gross Revenue $2,674,086 AUD
FYE Jun'24 Cash Flow $1,234,519 AUD

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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:

Additional Details:

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