Health & Beauty Manufacturer -US & Canadian Retail Chain Distribution

Boca Raton, FL
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Asking Price:$2,500,000
Inventory:$240,000
Gross Revenue:$1,000,000
Established Year:2018
BUSINESS DESCRIPTION

Instant footprint in most major retail chains in the US & Canada!

Do you have products or technologies but no strong retail presence? We can provide you with an instant footprint across most major retail chains in the United States and Canada. We are authorized vendors and on– shelf. Office portable with minimal expense, including possibly home-based.

We are a United States-based company with patented health and beauty products. We
have distribution on-shelf in over 7,500 U.S. retail chain stores and distributors, as well as most drug chains in Canada, and a strong Amazon presence. Current revenue is about $1 million with a gross margin of more than 75%, but a lot of our distribution is new. We have done the heavy-lifting regarding distribution/vendor agreements, manufacturing agreements, packaging, regulatory, patent work, etc. No significant marketing or advertising has been applied yet, so this business is well-positioned to scale rapidly by marketing current patented products and by adding products into our wide distribution. We are authorized vendors for many large retail chains, including Walgreens on-shelf and Walmart.com. See the graphic for a listing of our retail network.

The current business could be positioned as a TEA EB-5 if desired. It could also be positioned as a business with new broad distribution on an upward trajectory, needing only capital for expansive growth. Or it could be used to gain immediate, broad distribution for a company with other products.

As our headquarters includes only R&D and offices, the main office is portable to any location without extensive relocation costs. Contract manufacturing and distribution is in rural areas of the U.S..

There are many fully-developed new products/technologies in addition to what is included, and has been launched, that could be launched after acquisition of the base company with a royalty agreement. Sales and Operations Executives available to stay with the company, if desired. Owner semi-retiring, but available to help.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
4
Facilities
Sales throught the U.S. and Canada. Office is locatable anywhere. As manufacturing is done by FDA approved contract manufacturers, and fulfillment is done by these manufacturers, only executives and research and development have been located in the office. This could be converted to a home-based office easily, or moved to wherever is convenient with minimal expense.
Competition
The current market is very large, and completely underdeveloped in terms of penetration by the existing products, as it is dominated by homeopathic ineffective products. However, the main value driver of this business is its distribution and approvals. We have not marketed the products at all, as the company is occupied with other activities.
Growth & Expansion
Rapid expansion is possible by marketing the existing products and adding products into our broad on-shelf and online distribution.
Support & Training
We can help with manufacturing and distribution.
Reason for Selling
Retiring
Home-Based
This business is Home-Based
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Joel R Studin
Joel R Studin