Medical Equipment & Supply Ecommerce Business – 25 Years of Success with Multiple Exclusivity Agreements!

A dynamic eCommerce business offering premium medical equipment and supplies with a level of customer service that is unparalleled. The company has exclusive supply agreements with US, UK and French-based manufacturers. No products are sourced directly from China

OPERATIONS

The company is constantly looking for well-established products to add to their catalog. With a 7 to 10 day lead time, they source and provide quality, well-established products to their customers. The company enjoys year-round sales and has a strong repeat customer rate.

With premium products sourced primarily from the US, UK, and France, the company maintains fewer than $100,000 in inventory in their warehouse. One of the manufacturer’s agreements for the best-selling products is based on consignment. This stock is stored with the company but only paid for when sold.

MARKETING AND KEY METRICS

Marketing is primarily through word-of-mouth among professionals. The company also sells through their website, eBay, Amazon, and Walmart. Approximately 75% of their inventory is based at Amazon FBA facilities and fewer than $100,000 of inventory is maintained in their warehouse at any given time.

The business sells its products directly through its website, as well as through eBay, Amazon, and Walmart.

The company sells between 30,000 to 40,000 medical products annually and has a strong repeat customer rate. The business operates on all-cash upfront basis, with no concern about receivables and receives, on average, 50-75 customer contacts daily, which are all handled over the phone or via email. The business has over $1 million in sales yearly per employee and has exclusivity agreements with manufacturers.

The online business caters to both end-users and professionals (businesses and individuals).

BUSINESS MODEL & RESOURCES NEEDED

The owner-operator works around 30 hours weekly in the capacity of CEO, while a few hourly employees handle customer service, IT, invoicing, shipping, and payroll. The business receives 50-75 customer contacts daily which are all handled over the phone or via email. No automation.

THE INDUSTRY

The online business operates in the medical equipment and medical supply eCommerce industry. It caters to both end-users and professionals (businesses and individuals).

OPPORTUNITIES TO SCALE

The business can expand its reach through paid advertising, email campaigns, social media, SEO, and attending trade shows. Advertising through agencies, affiliates, and marketing consultants is also a potential growth opportunity, helping the business tap into untouched markets.

Asking Price: $2,800,000
Gross Income: $7,395,082
Cash Flow: $661,577
Year Established: 1998
Employees: 1

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Amanda Stanley

Amanda has been a professional writer since 2010. She writes during the day and reads by night. She has accumulated knowledge by scouring the internet and reading informative books. Concurrently, she developed a passion for educating people through her blogs and web tutorials. She is an earnest believer that knowledge is power.

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