A fitness-oriented company was founded to address the common problem of hand calluses during vigorous workouts. Originating from Florida, the founder developed a product designed to trim and shave calluses, making hands smooth and more resilient. This innovation caters to athletes, gym enthusiasts, and individuals seeking improved hand health. The product has achieved significant success, with over 41,000 units sold since its market entry in 2017. Protected by a U.S. patent, the unique blade and design are key selling points.
Manufacturing and order fulfillment processes are U.S.-based, with suppliers located in Florida. The founder manages operations minimally, focusing on maintaining supply chain consistency. The company’s robust protection includes two utility patents and three trademarks, along with a custom product mold.
Financially, the company is performing well, with each unit priced at $15 and a production cost of $1.95. It boasts total sales exceeding $650,000, with an average monthly sale of 1,000 units in 2021, indicating profitability. The marketing strategy primarily leverages online platforms, notably Amazon, which accounts for more than 60% of sales, while around 30% are derived from their direct website.
With limited investment in social media advertising, there is significant potential for growth. The business owner expresses openness to selling the company, including approximately $75,000 worth of unsold inventory. The transition presents an opportunity for a new owner to enhance marketing efforts and expand sales further.
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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