Business Overview

Unique opportunity to acquire an eCommerce business that sells machines for pressing raw material to produce essential oils for use in baking and other applications. This sale comes with all the molds, technical specs, and relationships with a manufacturer in Asia that produces these machines for non-commercial use. Very strong margins and an exploding market for products related to recreational use legalization in over 39 States. Easy to use machine, heats stainless steel pads and uses pressure to extract the oil for use as a cooking ingredient for edibles or whatever application the user desires. Heating, pressure and time is all it takes to use this efficient press to produce oils at home without using any hazardous solvents. Machine only weighs about 13lbs and is easy to ship. The 2021 results were severely impacted by supply chain issues and the seller had very little inventory to sell, but now has 200 machines in the US and 300 more in Asia just waiting for the order to ship. The inventory is not included in the asking price but can be purchased for an additional $100 per machine. Seller’s are not very active in the business as there is a part timer that handles the shipping and fulfillment and another employee that handles orders, customer service, cyber security, SEO, etc. The business currently resides in Colorado but can be run from anywhere. Seller’s have other full time jobs and business interests and have priced this to sell very quickly as they just don’t have the time to run it. The sale comes with a great website based on a WordPress platform with all the back end processes set up to take payment, orders, etc. Inventory is stored at a storage unit and could be moved anywhere a new owner wants it without any existing lease assignment requirement. SERIOUS CASH BUYERS ONLY PLEASE. All inquiring parties will be required to complete a confidentiality agreement before receiving any additional information.

Financial

  • Asking Price: $99,000
  • Cash Flow: $72,000
  • Gross Revenue: $433,000
  • EBITDA: $72,000
  • FF&E: $10,000
  • Inventory: $20,000
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

2 week training period

Purpose For Selling:

Other business interests

Home Based:

This Business Is Home Based

Additional Info

The business was established in 2015, making the business 7 years old.
The deal doesn't include inventory valued at $20,000*, which ins't included in the requested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell businesses. Nevertheless, the genuine factor and the one they tell you might be 2 completely different things. For instance, they might claim "I have a lot of other obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may just be justifications to attempt to hide the reality of transforming demographics, increased competition, current reduction in profits, or a range of other reasons. This is why it is extremely crucial that you not depend totally on a seller's word, however rather, use the vendor's solution together with your general due diligence. This will repaint a much more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies finance loans so as to cover things such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can indicate that profit margins are too thin. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that need to be fulfilled or may result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract brand-new clients? Most times, businesses have repeat clients, which develop the core of their daily earnings. Certain factors such as new competition sprouting up around the area, road construction, and staff turn over can influence repeat clients and adversely affect future earnings. One crucial point to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business often, the greater the possibility to construct a returning client base. A final idea is the basic area demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? How might the neighborhood average family income influence future revenue potential?