Wholesaler of Supplement Ingredients to Manufactures

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Business Description

This business was originally founded as the US Branch of a Chinese Pharmaceutical in 2008. This company was started in California that same year and is now Independent. Seller has grown the business to an estimated $5,500,000 for year 2019. Sales in 2018 $3,500,000. They ship various Nutrition Supplement Ingredients to manufactures who package them and distribute them to retail locations. They have access to three warehouses across the US where the packagers can pick up the raw materials from our Seller, then ship them to their individual customers. They have a wide range of products which include, L-Carnitines, L-Arginine, L-Argine AKG, Gaba, Gakic, and Phenibut. They also carry other fine raw materials including sweeteners, specialty ingredients and Amino Acids plus Vitamins. They import directly from China which gives them competitive pricing... they also can buy from U S Distributors. The Seller has the ability to blend or encapsulate and package virtually any product into many different mediums: including bottles, blister packets, and sachets. All income is verified by Corporate Tax Returns.
THEY ARE A PORTABLE COMPANY

About the Business

Year Established:
2008
Number of Employees:
3
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$3,000.00 Per Month
Lease Expiration:
9/4/2019
Facilities:
1200 Square Foot Building plus 3 warehouses across the USA
Market Outlook/
Competition:
The business has two companies that they buy form in China and an additional one in California, that they buy all their products. This makes them very competitive in the market place. They just received an exclusive contract to sale raw material for one company which will increase the sales by $2,000,000. $400,000 additional income.
Growth & Expansion:
They can expand very easily, no footprint in the Internet. They also could be more involved Sales Expos and product conventions.
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About the Sale

Reason For Selling:
Seller is ready to retire
Training/Support:
90 days, and the owner will be available for part-time work and consulting

Listing Info

ID:
1545765
Ad Detail Views:
303

Attached Files Attachment Disclaimer

  UBI Overview #2984 Wholesaler of... (153 KB)
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Asking Price:
$3,000,000

Gross Revenue:
$5,500,000
Cash Flow:
$700,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by

Suzie Sales

UBI Business Brokers
License# 01347140

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