An easy to run business which designs, manufactures and sells vibration fitness machines to B2B and B2C customers. This business was established in 2007 by the current owners.
This business is deal for someone who has experience in e-commerce, sales and marketing. This business is coasting with no attention for about 3-4 years due to sellers having another full time business role in a separate industry.
The business is overseen by one (1) owner who works approx. one (1) hour per week.
The Business holds approximately $50,000 in inventory (at cost) depending on the time of the year.
VTB is possible to the right Buyer.
The business stores its products on-site in its Greater Vancouver warehouse where it uses approx. 400 sq. ft. of space as well as uses a 3rd party USA Warehouse for product distribution in the USA. If necessary, the owners have agreed to store and pick and pack the inventory for the Buyer for an extended period of time to ensure a smooth transition.
This business can easily be moved to the Buyer’s home or a storage facility.
The owners are selling because this is a secondary business they no longer have time for as their primary business has become their main focus.
2019 Sales - $504k - EBITDA - approx. $188k
2020 Sales - $359k - EBITDA - approx. $145k
2021 Sales - $332k - EBITDA - approx. $136k
2022 Sales - $172k - EBITDA - approx. $33k
2023 & 2024 combined sales - approx. $115,000
