E-Commerce Business
Business Description
This E-Commerce Business offers a herbal supplement product developed by a pharmacist to eliminate THC from urine and it can be moved and relocated to anywhere in North America.
Financial Performance
Gross sales in 2021 approached $2M and net income approached $600K. Gross sales for 2022 (1st Q) exceeded $750K and net income exceeded $265K. At the conclusion of 2022 the gross sales are expected to exceed $3M and net income is expected to be $1.2M+. Common customer profile: Pre-Employment, Employee, Student, Athlete.
Major Features
*The Premier Product in its segment: Brand Registry, Fulfillment By Amazon (FBA) status, National Provider Identifier (NPI) in Canada.
*Amazon Canada launch is in process
*Great Reputation and Reviews
*Not yet established any retail presence
*A streamlined simple operation
*Top 1% of Shopify stores based on traffic and sales
*Offers Money Back Guarantee and only has returns of 3%
Reason For Selling: Owner has special needs child and a full-time job
Asking Price: $3M (will include approximately $200k of inventory)