Description
A wellness brand, known for its hemp-derived infused honey formulas to aid sleep and anxiety, has reached $3.2 million in revenue by serving a loyal demographic primarily aged 50 and above. The business has a notable supply chain advantage, with its production partner located right across the street from its fulfillment center in New York, which facilitates immediate restocks and tight quality control. The company operates entirely remotely, with management spanning three states through the use of communication tools such as Slack, standardized operating procedures, and automated dashboards. It boasts a U.S.-based customer service team and a local inventory manager to maintain efficiency.
Despite achieving growth mainly through Facebook advertising, the company sees significant potential for expansion by leveraging untapped advertising platforms like TikTok, Google, and YouTube, or by launching a planned pet product line. The business infrastructure is robust enough to support additional growth channels without requiring significant increased overhead.
The company is currently undergoing a fire sale due to urgent personal circumstances faced by two of its three partners, necessitating immediate liquidity. The owners are prioritizing a swift and seamless transition for both the team and its customers, with a commitment to providing several months of support post-sale. All operations are remote-capable, and the sale includes pick-pack-and-ship services, inventory storage, product label creation, and a meditation podcast library dedicated to sleep and anxiety management.
To get more information about this Ecommerce Store | Health and Beauty business for sale in NY please contact Seller
Other Information
Link:
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Ecommerce Store | Health and Beauty
Country:
US
Industry:
health-and-beauty
Sub Industry:
other-health-and-beauty
Business Location:
NY, United States
Site Age:
8 years
Monthly Profit:
USD $44,195 /mo
Profit Margin:
24%
Profit Multiple:
2.3x
Revenue Multiple:
0.6x