WEBBASED BUSINESS FOR SALE
Description : 29 Mar, 2023
GENERAL - Well established business since 2001 with solid history of 22 years – average $9K per month gross sales during COVID. Pre-COVID sales were near $14K per month and is easily achievable again. These numbers are verifiable pany e spreadsheets and corporate records. An established customer base in Canada (85%) and US (15%), approximately 750 customers, with email contacts and a visible on-line website presence. The friendly customer relations and beneficial products kept about 65% of customers actively purchasing products during the pandemic. During COVID gross sales reduced about 35%, noticeable but manageable. OF NOTE: First quarter sales 2023 are notably up over 2022. Jan up 7.6%, Feb up 22%, Mar up 7.4%.
OPERATION - requires one well trained employee with product puter knowledge, working about 5 hours a day, three days a week. This business can be successfully operated Tuesday - Wednesday - Thursday from 9 AM - 2 PM, with a four-day weekend (Fri – Mon) every week.
LEGALITY - Everything about pany and its operation is registered in BC, legal and declared. GST accounts, business bank accounts, accurate declared e, Work Safe BC account. All products are (in BC) PST exempt and declaration for PST exemption is available. All accounting is supervised by a certified, experienced bookkeeper and all tax statements are properly filed yearly with our accountant. This is a corporate share sale. There are no liens or tax arrears due.
SPACE - Space needed for operations would be about 600 – 700 sq. feet. This would puter/desk space, heavy-duty work bench (included), a packaging area and a storage area for products. Altogether, about half of a double garage.
OTHER DETAILS - All sales, shipping, and order-placement are on-line with no in-person customer contact. In Canada, Canada Post and in the USA, USPS are the shipping agents. We have a well-established parcel pick up system for door-to-door delivery anywhere in Canada and the USA. There is a small US office in the USA for American customers. All financial transactions in the US are payable directly to a Canadian bank and no tax revenue is payable in the USA. Product familiarization/training, printing rights to copyrighted product literature, and supportive transition to our long-standing suppliers are included.
WEBSITE - Nov 2021 saw a $6,000 website upgrade for a greater online presence and more efficient ordering, shipping, and paying online. We have a Canadian website expert who updates and supervises our online presence.
THE PRODUCTS - All products are Canada-USA pharmaceutical grade with an NPN number for the primary product. There are no offshore imports. All packaging is food-grade.
COST - I am advised the present business cost calculation for this style of business is - one year’s gross e + products and any hardware puters and shelving. At $10,000 per month average gross sales for 2022 plus hardware, product inventory, computer, warehouse furniture, would put the share-sale price at $130,000 to $140,000 depending on inventory at time of sale.
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