Doctor Formulated Supplements Company

Franklin, TN

Seller Financing Available

listing image
Asking Price:$2,500,000
Gross Revenue:$787,000
Rent:$185
Established Year:2016
Cash Flow:$210,000
Inventory:$55,000
FF&E:$5,000
BUSINESS DESCRIPTION

Founded in 2016, this successful operation has evolved into a leading nutraceutical
medicine company located in Middle Tennessee. The business was
initially established as an add-on revenue stream for another service-based
company but was separated out two years ago due to its
remarkable growth trajectory.
Financial Performance:
• 2021 Gross Revenue: $400,000
• 2022 Gross Revenue: $600,000
• 2023 Gross Revenue: $778,000
The company's impressive revenue growth is a testament to its
potential. With a current net income of $210,000, the trajectory
suggests a highly lucrative investment opportunity.
Products and Services:
This business specializes in providing doctor-formulated pills. With two self-formulated
products and a portfolio of 100 private label products, the
company is well-positioned for exponential growth. The clientele has
organically grown through synergies with another service-based
business, which will continue offering the same product line.


DETAILED INFORMATION
Location
Franklin, TN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
250
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
The business has tremendous growth potential, with minimal outreach efforts to date. Recent initiatives, such as placing products in commercial settings, indicate a strategic approach to expanding the customer base. The goal is to reach $900,000 in revenue this year, a target that the current operators believe they are on pace to achieve.
Growth & Expansion
With an already solid client base of approximately 450 active subscriptions, this company could benefit from some advertising spend. So far, they've grown organically and through ward of mouth. This year is the first year they are approaching retail settings.
Financing
Negotiable
Reason for Selling
Competing Priorities with multiple growing companies
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Brad
Spear
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Brad Spear