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SELLER GUIDE
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Another Ecommerce Store Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, North America
Seller Location
Serbia
Buyer Location
United States
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Ecommerce Store

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Ecommerce Store | Health and Beauty

Verified Listing
My Medi Friend brand sells medical alert bracelets for people with type 1 or type 2 diabetes. Total net profit for the last three months was $18,610.
Business Location
Site Age
4 years
Monthly Profit
USD $2,848 /mo
Profit Margin
16%
Profit Multiple
0.7x
Revenue Multiple
0.1x
About the Business

This text describes a brand that specializes in selling medical alert bracelets specifically designed for individuals with type 1 and type 2 diabetes. From March 2022 to August 2023, the company generated $223,552 in revenue. In the last three months leading up to August, the net profit was $18,610, but it decreased to $1,500 in September due to higher advertising costs on Facebook. The business has processed 1,235 orders with an average order value of $29.58 in the past 30 days. Customer satisfaction is a priority, reflected in a 5.0 average rating from 46 reviews on Facebook, with a database of over 7,500 individuals with diabetes. The company started in February 2022, aiming to offer innovative solutions for diabetic individuals, particularly through their bestselling medical alert bracelets. The customer base primarily includes individuals from the USA, UK, Canada, Australia, and New Zealand, with partnerships in China ensuring a 9-day shipping period. Monthly net profit averages $3,737, with the main expenses being Facebook advertising, product and shipping costs, and Shopify fees. Facebook Ads is the sole marketing channel, with $104,005 spent over the specified period. The business is for sale as an asset sale, with inventory valued at $2,470 included. It offers growth potential through expanding advertising strategies and introducing new products. With a strong foundation and a loyal customer base, the brand provides a promising opportunity for expansion in the diabetes niche.
Data Verified Listing
This business has connected the following data integrations:
  1. Shopify

About the seller
Denis
My Medi Friend
Serbia
I launched the My Medi Friend project in February 2022, paying great attention to custo... Read more
Verification Complete
Email address
Phone number
Government ID

2 transactions totalling USD $37,500

Payment Methods
Escrow.com
FlippaPay
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0 Comments
592
Views
15 Watchers

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