Ecommerce Website Investment Opportunity in Sheridan, United States

- Our company sells a broad spectrum of massagers under its own brand name.
- Manufacturing is outsourced. We have contracts with manufacturers in China who produce and package the finished products which are then sold under our own brand name. The engineering design belongs to the brand. The manufacturers own the patent. None of these products are proprietary to our company. There is intent to improve the product line through product performance monitoring.
- There are 20 different massagers targeting different body parts listed on our website however our main focus is the neck and shoulder.
- The business has 2 independent sales channels in the USA (aside from the online storefront and marketing channels) and 1 partnership client in the UK.
- Revenue: 10% of the total revenue is generated by fulfilling orders received through our e-commerce website, 50% of our revenue is generated through a contract with one distributor in New York, United States, 20% comes from another USA eCommerce sales channel where our product is listed. The remaining 20% comes from our UK client who has recently started doing business with us.
- We receive over 75 orders a month from our e-commerce website. 80 percent of these orders are from the United States & the United Kingdom. We provide worldwide shipping as well.
- Our company has rented warehouses in the US for storing inventory.
- Logistics support is outsourced through third-party logistics companies. Courier cost is borne by the customers.
- The business is incorporated in the United States and the United Kingdom. The owner is currently in Trinidad & Tobago and is running operations remotely from there.
- Our US client was landed in Oct 2020 which brought in annual revenue of approx. USD 63k in the first year of business, USD 40k thus far in the second year. Our second sales channel partnership in the USA has approx 20M+ customers as traffic and they are owned by Retail Ecommerce Venture, it has a possible ROI of 80% per product sold. Our UK client landed in 2021, brought in USD 13.5k revenue for a sample order with a potential USD 100k-150k contract.