This well-established brand in the supplement space has generated tens of millions in revenue of its existence which started in 2014. In recent years, the trend has been downward because the parent company moved almost all their focus and resources to their other brands which are mostly in the beauty space. That said, this brand still generated over $3.7 million in gross profit, and over $500k of “contribution margin 2” (i.e. profit after sales that includes all expenses other than labor) in the past 12 months. The brand is in need of a turn around and has been priced for what we hope is a fast, all-cash deal. The asking price does not include roughly $450k of inventory, which the buyer is also expected to purchase for a total all-in around $1 million.
OFFERS ARE DUE BY END OF DAY MONDAY APRIL 18TH, 2022
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A recognized speaker and author, Jason joined Quiet Light in the spring of 2010 and quickly became the most requested advisor on our team. Within one year of working with Quiet Light, Jason set a new bar in virtually every metric for our firm. He quickly established himself as an accomplished, top professional within the industry by being savvy, honest, and considerate. A caring collaborator, he consistently cultivates genuine partnerships that result in successful transactions, and has become friends with many of his former clients.
Before and during his tenure with Quiet Light, Jason has started seven businesses, raising over $10 million in venture capital funding for the first one, alone. A prominent spokesperson at conferences and business schools, he has volunteered to coach and mentor others who are interested in becoming entrepreneurs.
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