For Sale:
Sticking With Success – Great Business Opportunity in the Growing Diabetes Market
Asking Price: $4,400,000
Description
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 approx. $634K 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
Financial Overview
| Gross Revenue | $1,782,573 |
|---|---|
| Cash Flow | $822,942 |
| Year Established | 2019 |
| Employees | |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Consumer Goods |
| Location | Australia, Select State (Select County) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
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
Competition
Competitive advantages over the competition include: brand awareness, global distribution network and their product range.