All prices in USD
$351,430
  • Avg. revenue /month
    $46,748
  • Avg. sessions /month20,185
  • Avg. profit /month
    $20,000
  • Inventory value
    $120,000

Business Story

Why this business was started

We're a design and sourcing company that recognized a stark and surprising void in the market for a high quality, stable PPE supplier. We didn't seek to be the lowest cost commodity supplier, we recognized this was a once in a lifetime opportunity to enter the medical product market and develop a reputation for quality product, quickly. The business has an excellent reputation and platform to continue selling the existing lines, and the potential now to develop and build the product offering.

The reason of selling this business

Our core competency is the design and manufacturing of products for clients. This is not our focus; a dedicated and experienced team can utilize and grow the platform far better than we can.

What's involved in running this business

Fulfilling Orders, responding to customers, ordering supplies from just 3 vendors, exploring new products and markets that will fit the customers. Advertising.

This business was founded: 12 months ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $46,748
    Verified
  • Avg. sessions /month20,185Verified
  • Avg. profit /month
    $20,000
  • Inventory value
    $120,000
  • Profit Margin60%
  • Avg. sales /month250
Other details about profit: Profitability can be significantly improved by a team experienced in marketing. We haven't advertised in any serious manner since July 2020.
Total revenue
  • $514,231
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 222,035Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Inventory warehouse
      $1,000
      /month
    • Domain
      $100
      /year
    • Paid apps for subscription management, etc.
      $466
      /month
    • Twitter etc
      $500
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Everything will be provided.

    • Personal support after sale

      30 Days to ensure everything has been successfully handled, and facilitate introductions to vendors. We can also quote to provide fulfilment services for the new owner. We provide warehouse and fulfilment services to clients.

    • Domain

    • Product photos

      Everything will be provided.

    • Social media

      Not Included

    • Suppliers

      Direct, well regarded relationships to the best manufacturers.

    • Mailing List

      15,762subscribers

    Seller‘s Advice

    How to grow this business

    Note: We haven't advertised in any serious manner since July 2020. Any new owner should capitalize on the position as a respected/trusted Medical Supply Company to expand the product offerings. The business is perfectly placed to become a supplier of health and wellness products in both the B2B and B2C markets. The customer lists alone are a specific group of people, who choose in this situation to spend a premium for quality product.

    We just got approval from Amazon to list products in the restricted safety market too.

    Skills to have

    Advertising on Social Media - we havent advertised since July 2020. When we did, the sales exploded, and would do so again.

    Share

    AB
    Adam B.Current store owner
    We're a design and sourcing company that recognized a stark and surprising void in the market for a high quality, stable PPE supplier. We didn't seek to be the lowest cost commodity supplier, we recognized this was a once in a lifetime opportunity to enter the medical product market and develop a reputation for quality product, quickly. The business has an excellent reputation and platform to continue selling the existing lines, and the potential now to develop and build the product offering.

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