The business in question specializes in selling a niche FDA-approved medical device, offering it for over a thousand dollars less than its competitors. It operates on two revenue streams and typically earns a net profit of $400 per unit sold. The business has been established for nearly 15 years and benefits from a loyal customer base, with many repeat purchases occurring every one or two years. The logistics of the business are handled through a drop-shipping arrangement directly from the manufacturer, while any necessary repairs are managed by an external lab. Currently, the business has an on-site employee managing phone communications, and chat services are outsourced at a minimal cost to another company.
Strong customer satisfaction is demonstrated through thousands of positive reviews on a prominent review platform. Despite its success, the current owner intends to sell the business due to health issues and an interest in redirecting funds towards local real estate investments. The ideal buyer for this business would be someone with experience in managing e-commerce operations, capable of maintaining or taking over telephone customer service duties.
Regarding assets, the business comes with several valuable resources including custom technology, customer databases, domains, and existing manufacturing relationships, among others. Social media presence includes 1.8K followers on Facebook and a mailing list of 32K email addresses. Post-sale support is offered to facilitate a smooth transition for the new owner. The inventory status is currently at zero units, but details of potential inventory on order at closing are provided.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More