Business Overview:
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. They should do estimated $4,000,000 in sales for 2020. The company just received an exclusive contract for all the USA in one raw material. 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
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Property Features and Assets:
1200 Square Foot Building plus 3 warehouses across the USA
Market Competition and Expansion:
They can expand very easily, no footprint in the Internet. They also could be more involved Sales Expos and product conventions.
The business has two companies that they buy form in China and an additional one in California. 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.
Reason for Selling:
Seller is ready to retire
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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