$2,079,708
$628,222
3.18x
Launched in 2016, this business is the market-leading provider of an innovative food-preparation device that enjoys a category-leading position thanks to its unique, patented design—a design with the highest reviews, customer ratings, and overall market share.
Started by two passionate vegetarians, the product—patented in the US, Canada, Europe, and the UK—features a unique food-pressing technique that surpasses all rivals in quality, time effectiveness, and user experience. Its design has proven uniquely hard to beat, contributing to its strong market position and profitability (30% SDE margin).
Over the TTM, revenue has grown substantially, up 38%, while SDE has grown 60%. The business continues to benefit from the vegan market’s exponential growth from niche to mainstream over the last 10 years. Looking forward, the global plant-based food market is expected to reach $77.8B in 2025 and is forecast to more than double again by 2030 (Statista).
In terms of growth, there are major opportunities off-Amazon, in particular on TikTok Shop, where a large, vegetarian audience and 70M+ relevant content reels exist. Equally, India, the world’s largest market of vegetarians, is a huge untapped opportunity along with Facebook/Instagram. The business is well suited for a buyer with off-Amazon marketing competencies or someone looking to own a strong, well-defended market leader.
Internally, the business is well set up with local storage in each major territory, giving significant supply chain agility and negating the cost-pressure effects of Amazon’s new placement fees. In terms of time, the two owners work a combined 40 hours per week, although they admit that with a bookkeeper and virtual assistant, this would drop substantially. As their children have grown older, they are now looking to enjoy time off together and pass the business on to a passionate new owner who can take it to the next level.
Access the full business summary, profit and loss statements, and a detailed interview with the owner of this business
David is an entrepreneur who began working in the online space in 2013.
Prior to this he spent 4 years in investment banking at Citigroup, focussing in the technology, telecoms, and media sectors, before leaving to work for a boutique advisory firm as Head Of Brokerage & Operations.
During this time he also developed a passion for personal development and self-discovery and founded a media and digital-course platform in the space.
He joined Quiet Light in 2019 to merge his passions of entrepreneurship and helping other founders. In his 10 years of business brokerage, he has advised on 125+ successful business sales across e-commerce, SaaS and content, and is the author of one of the industry’s leading guides on buying online businesses.
Get your free valuation & marketplace-readiness assessment. We’ll never push you to sell. And we’ll always be honest about whether or not selling is the right choice for you.
Revenue: $1,083,428
Income: $267,547
E-Commerce
Revenue: $280,416
Income: $172,157