For Sale:
Amazon FBA Natural Dietary Supplement Brand Products Internet Business
Asking Price: $3,950,000
Description
In order to improve or simply maintain good health, many consumers take vitamins and dietary supplements. According to the CRN 2015 Consumer Survey, 68% of US adults take dietary supplements. The trend of people becoming more health conscious along with the increased ease of shopping online has resulted in a huge, growing alternative health care market. Benefiting from increased demand from both a larger mainstream, health-conscious consumer base (Millennials) and an increasingly aging population (Baby Boomers), the Vitamin and Supplement Manufacturing industry in particular has grown rapidly over the past five years becoming a $35 billion market. With an increased awareness of product ingredients, more consumers are trading up to premium, all-natural or organic products, helping lift industry revenues and profits.
This business operates in the health and wellness space with its own brand of natural dietary supplements. Its supplements are herbal extracts, vitamins and minerals that assist with weight management, digestive health, anti-aging and more. All of its products have been Third Party Laboratory tested and verified, and are manufactured in GMP Certified and FDA inspected facilities in the USA. Under its U.S. Registered Trademark, the business currently offers 23 branded products. Six new products have been soft launched in September with an additional two new products to be released in the next few weeks. Since inception, the business has been and continues to experience explosive triple digit growth in sales and profits! With the release of these 8 new products which is about 1/3 of total product offering, sales could readily increase further by over 30% within the next few months.
With the majority of it sales coming from Amazon and 100% of its orders fulfilled by Amazon FBA this business model is simple to operate and can be run from anywhere in the world. Current inventory at the Amazon fulfillment center is approx. 22,000 units valued at about $132,000 USD. This business is able to compete with any brand without the need for the large overhead costs of warehouse space or a large staff. Given its low overhead, the company has a large net profit margin of about 35%.
The business is successfully operated remotely by a General Manager and Customer Support/Assistant who each work part-time handling operations. The owner has minimal involvement with daily operations and mainly handles new product research & development as well as overseeing the company.
This is a remarkable opportunity for a new owner to walk into a turnkey operation in a multi-billion dollar industry, enjoy the tremendous growth that has been built up since inception and capitalize on the established relationships already in place with key vendors and Amazon.com!
Financial Overview
| Gross Revenue | $4,007,430 |
|---|---|
| Cash Flow | $1,257,722 |
| Archive Date | 04-02-2017 |
| Status | Archived |
| Year Established | 2013 |
| Employees | 2 |
| Inventory | 3 |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Health, Wellness and Fitness |
| Location | USA, Texas (Harris) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
Perhaps the largest area that would provide the greatest potential for increased market share and growth almost instantly is in the upcoming new product release. Some other strategies to continue business growth and profitability include continuing to release new products to the existing brand, launching new brands, branching out to Amazon International and promoting its website to increase sales through this channel.
Competition
Although there are other dietary supplement companies online, many are fly by night companies that come and go often closing due to unethical practices. This business has good ethics, brand products that are well researched and formulated with the best possible potency, purity and quality as well as excellent customer service which has set it apart from the competition.