For sale is a well-positioned e-Commerce store that sells legal cognitive enhancing supplements to the US and international market. The industry has grown significantly in popularity in the last few years, reaching an estimated $1B in global sales in 2015 and receiving millions of dollars in backing from prominent silicon valley VC companies.
This business has averaged just over $900,000 in gross sales in years 2014 and 2015, and although sales are on pace for just $650,000 in 2016, the seller has implemented changes (new and more affordable fulfillment center, lower refunds, etc.) in the last few months that has increased profit margin by 55%. Monthly profits averaged $23,000 prior to the changes and $33,000 in the last two months.
Started in 2013 by the current owner, it is built to be owner friendly with all fulfillment, customer service, content, and marketing fully outsourced requiring only 3-4 hours per week to maintain at current levels (more time to realize growth potential). All elements will be transferred over to the new owner, and the seller is willing to assist for 6 months post sale to ensure a smooth transition.
The owner is selling for the capital to reinvest in two other more successful businesses he is growing (non-related so will sign non-compete).
Traffic, finances, full growth opportunities list, and a detailed seller Q+A is available in the full information pack upon request to qualified buyers (NDA required).
|Age of Site||Level*||Open to Financing||Asking Price|
*Skills and resources required to run. 1-Beginner, 10-Expert
When I decided to purchase an internet based business, I was beyond nervous. It would be my first internet business purchased. Ryan was the perfect broker for my situation. He walked me through all the possible scenarios that I would encounter running the business. He gave me simple solutions to address these issues. He also incorporated extended training with the seller at no additional cost. Ryan didn’t pressure me in any way and was extremely helpful in the process. I had dealings with other internet brokers and they didn’t compare to the level of Ryan’s professionalism and communication. He truly has a full grasp on internet based businesses. I actually wouldn’t recommend anyone other than Ryan Sorensen. Definitely an A+ rating!View All