Letting go profitable arm of the business as main business is winding down.
Description
Looking to sell of a profitable 10year+ old supplement ecommerce brand in Singapore generating close to 100K revenue per year at >50% gross profits.
Backend integrated with a cloud warehouse with no need to pay for rent + all order fulfilment is automated and handled by 3PL partner. Selling this arm due to main business winding down. Sales are all organic and self driving.
Sale comes with - inventory (estimated $15K in value) - 2 matured storefronts on Lazada and Shopee (thousands of 5* reviews accumulated over the years - Existing B2B clinic account - 7K+ email list - Shopify site for easy management of product and home pages - Brand IP, collaterals, email, coaching to take over + support for the next 1 month
Suitable buyers - Anyone looking for a side business to take over, only need about 1-2 hours per week to order stock and inform warehouse & answer customer enquiries (can hire remote CS for this as well if needed) - Existing business owners in the health & wellness space looking to onboard positive cashflow and a distribution channel
Potential growth opportunities - Onboard new brands and SKUs to sell - Expand on B2B business to work with more clinics - Improve SEO on main website (nothing much have been done so far on that) - Integrate with your existing brand / product to distribute to new pool of warm customers
I'm not looking for any agents to represent, so do reach out only if you're a direct buyer. Looking to let go at 1.2-1.5X annual revenue multiple.