Explosive Medical Supplies Business Boasting 100% YOY Growth
Rapidly Growing Opportunity in the Medical Vertical Offering Essential Medical Supplies on Amazon and eCommerce – Over 100% YOY growth. This online company offers over 120 top brand SKUs of in-demand, life-saving medical products for numerous demographics. Currently realizing 85% YOY growth with a 20% increase in projections YOY for the next three years.
OPERATIONS
This online company offers over 120 top brand SKUs of in-demand, life-saving medical products for numerous demographics. Currently realizing 85% YOY growth with a 20% increase in projections YOY for the next three years. The bulk of its revenue is driven by the Amazon & eBay storefronts where it boasts a 94% Lifetime Seller Review along with an eBay Lifetime Seller Review of 98%.
This business has established great supplier relationships, allowing for a high speed & low drag weekly turn of inventory. It uses a hybrid fulfillment model, stocking and shipping in-house as well as utilizing Amazon FBA for a portion of its Amazon traffic. The remaining orders are shipped DTC from a small owner warehouse with two employees handling shipping and inventory processing needs.
MARKETING AND KEY METRICS
This online company focuses on the diabetes vertical and offers comprehensive offerings including high-demand consumables. It has successfully utilized Amazon and eBay storefronts to drive traffic and sales, with a 94% Lifetime Seller Review on Amazon and a 98% Lifetime Seller Review on eBay.
The primary sales channels for this business are Amazon and eBay. They have been highly successful in driving sales and have contributed to the business’s over 100% YOY growth. With the continued growth of e-commerce and the expansion of online marketplaces, there is significant potential for further sales channel growth.
The key metrics for this business include 85% YOY growth, a 20% increase in projections for the next three years, a perfect impulse-buy average ticket of $37.49, no seasonality, and a 23% repeat customer rate.
The customer base for this business is diverse, catering to various demographics in need of essential medical supplies. With over 120 top brand SKUs, the business attracts customers who require reliable and high-quality medical products. The business boasts a 23% repeat customer rate, indicating customer satisfaction and loyalty.
BUSINESS MODEL & RESOURCES NEEDED
Ownership works less than part-time hours to oversee customer service issues and maintain the business. No special skills or background are needed to run and maintain this business.
THE INDUSTRY
The medical supplies industry is rapidly growing, with increasing demand for essential products, especially in the diabetes vertical. This business offers a wide range of top brand SKUs that cater to various demographics. The industry is driven by advancements in medical technology and an aging population. Examples of other businesses in this industry include online pharmacies, medical equipment suppliers, and healthcare product retailers.
OPPORTUNITIES TO SCALE
This business has significant scale opportunities both domestically within the USDM and internationally through the power of Amazon. New markets are easily accessible, and the product offerings can cater to a wide range of demographics. Examples of scale opportunities include expanding the product line to target additional medical verticals and exploring international market expansion.
Asking Price: $1,770,000
Gross Income: $4,400,000
Cash Flow: $566,000
Year Established: 2016
Employees: 3
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