Doctor Formulated Supplements Company
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.
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.
About the Business
- Years in Operation
- 9
- Employees
- 1
- Market Outlook / 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.
- Opportunities for Growth
- 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.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 250
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Competing Priorities with multiple growing companies
- Financing Options
- Negotiable
Listing Info
- ID
- 2199982
- Listing Views
- 2258
Listing ID: 2199982 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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