Dietary Supplement Research and Development and Contract Manufacturer

Herriman, UT (Salt Lake County)

Dietary Supplement Research and Development and Contract Manufacturer
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Asking Price: $1,600,000

Cash Flow: $530,925

Gross Revenue: $1,492,045

EBITDA: $480,925

FF&E: $16,580

Inventory: $25,000

Established: 2016

Dietary Supplement Research and Development and Contract Manufacturer

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Business Description

The business formulates and produces products for roughly 30 companies in 10 countries. USA, Japan, Korea, Taiwan, China, Philippines, Singapore, Malaysia, Cambodia and Germany. Product supplements include Omega 3, Enzymes, Amino acids, vitamins and minerals as well as herbal products. The Company also owns the AES Patent #7,235,390 (Assimilation Enhancing System) for increased absorption and bio-availability. The Company also has two branded lines of products one for essential oil products and the other for medical related products that it produces. This business is a great fit for a new business owner that has experience in marketing and sales. The current owner also has the ability to stay on as a salesman for the new owner going forward.

Detailed Information

Location:
Herriman, UT
Inventory:
Included in asking price
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Diverse customer base in the health foods market with clients around the globe focusing on health, wellness and pain relief. Competition exists but there are not enough R&D contract manufacturers to keep up with customer demand.
Growth & Expansion:
Growth will continue with general business to business marketing and sales practices.
Support & Training:
30 Days - 160 hours and will take Buyer to several trade shows around the country after closing.
Reason for Selling:
Another opportunity requires this business to be sold.
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Michael Drury

Business Listed By:
Michael Drury

United Business Brokers

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