For Sale:
Branded Vitamin and Supplements Ecommerce
Asking Price: $6,200,000
Description
This group of websites is well established in the billion dollar supplements/vitamins industry. The internet business only sells legal homeopathic hgh, vitamins and diet and green drink products through the group of websites & domain names. These are not RX sites.The business processes over 2,500 orders per month and has over 750 monthly members that are on monthly auto memberships. The monthly memberships comprise of over $70,000 of the revenue billed to their credit cards automatically. There are 2 manufacturers that private label all its products. 95% of the products are proprietary private label blends. About 33% is homeopathic hgh, 33 % is muscle enhancement products and 33% is green drinks and diet products. Customers visit the sites and purchase product because of the prestigious names which gives credibility to all the sites and product lines. 67% of visitors go to our sites organically by typing in the domain names. The business is 100% absentee run so it can be operated from any location. In 2008, Gross sales reached $1.6 Million and Net Income $1.3 Million. Based upon the first nine months of 2009, YTD sales are $2.7M with Net Income at $1.7 Million!
Financial Overview
| Gross Revenue | $2,700,000 |
|---|---|
| Cash Flow | $1,700,000 |
| Archive Date | 10-21-2010 |
| Status | Archived |
| Year Established | 1999 |
| Employees | 1 FT |
| Inventory | 1 |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Vitamins and Health Supplements |
| Location | USA, New Jersey (Morris) |
| Home Based Business | No |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Sales are based presently on generic hits to the sites because of the strength of the domain names and marketing on Google. Competitors in the industry have advertised on cable television and/or in body building magazines throughout the country and have been able to far exceed these sales levels. The current owner has been satisfied to operate the company absentee and has not expanded into these areas leaving a huge for growth through further advertising efforts.