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Online Personal Protective Equipment Business For Sale

GTA, Ontario, Canada
Asking Price:
$100,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This company is one of the largest wholesale and online retailers of personal protective equipment in the GTA and Canada wide.
It is a wholesale reseller and online retail company for Non-Medical PPE.
It provides protective products such as Cotton Reusable Safety Masks & Filters -Customized PPE for companies - Masks and Sanitizers -Face Shields and other Reusable Masks -Gel/Liquid Sanitizers & Dispensers -Disposable Safety Masks -Nitrile & Vinyl Gloves -Sanitation Wipes -Any PPE by special request.
The company was established in early 2020, reselling goods with rising demands and began an online store in April 2020 with great success and approximately 5000 retail and wholesale transactions and over $2M CAD in revenue, of which sales to government entities were around $1.37 M.
The company keeps a wide inventory of stock and provides wholesale and online retail supplies at competitive price points.
It has a wide range of suppliers in Canada and China for purchasing and manufacturing goods at the best prices.
The business is a system, which is completely set up and very easy to learn. There is a wide range of contacts and wholesale leads, including government procurement and a populated CRM in place for email campaigns. $200,000 has been invested in online marketing which has brought an excellent reputation and repeat business, and there will be a high demand for these products in the next 2 years.
Business can operate on very little overhead depending on a new owner’s plan and time commitment. User friendly packing and fulfilment can be done in-house or by a 3rd party company. Customer service and retention can be delegated to a representative or 3rd party also. Advertising and marketing optimization -Amazon & E-Bay- can be managed by the owner or using an expert that can check the health of the ads and campaigns (at the moment offshore experts are in charge of marketing). Wholesale Account Manager (invoicing, quoting, larger shipments and purchase orders) can be managed by the owner for best results or delegated to a “wholesale accounts manager”.
High profit margins and lots of growing potential - Retail operates 24/7, 7 days a week.
Owner recently negotiated with Amazon to wholesale his large stock of reusable masks.

Property Information

Location:

Home-based business.

Business Operation

Expansion Potential:

High demand for these products in the next 2 years. Excellent growth potential with actions that can be taken:
1. Raise marketing budgets on campaigns that already exist and have been on a lower budget lately because the owner wasn’t interested in having many transactions due to lack of time to fulfill them.
2. Utilize customer retention and repeat customers via email and 1-800 number assigned to company especially businesses that are in constant need for PPE and will be opening soon again in areas like Toronto.
3. Promote Facebook and Instagram ads.
4. Keep growing E-bay and Amazon store.
5. Invest more time in bidding on government procurement opportunities.
6. Owner recently negotiated with Amazon to wholesale his large stock of reusable masks.

Competition / Market:

Other Distributors, Online stores.

Reasons for selling:

Owner has another main business that is expanding locations in 2021 and does not have the time to invest in this business in order to maximize, expand and keep up to date.

Trading hours:

Retail operates 24/7, 7 days a week.

Years established:
1

Other Information

Support & training:

Seller willing to provide training to new owner and staff and provide introduction to customers, suppliers.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact RE/MAX Real Estate Centre inc., Brokerage

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