Retiring Owner Sells Profitable Business with Expansion Potential - LadyCare Menopause Relief
Relocatable
- Status
FOR SALE
- Date Submitted:
05/03/21
- Advert ID
273289
- Freehold: Price on Application
- Turnover: Not Applicable
- Net Profit: £100,000
Key Features
- Offers Invited
- Company for Sale
- Attractive Business
- Established Business
- Retirement Sale
- Accounts Available
Business Details
Business with significant opportunity to expand for sale due to retirement of the owner.
Menopause relief product business for sale
The company’s main product LadyCare provides significant relief for symptoms of menopause.
It has been used by over half a million women in the UK alone.
The annual sales surpassed £1 million. It had a 50% EBITDA before the pandemic.
The sales are presently running at approximately £300,000 per annum, with 40% on Amazon and 60% via the company website.
There is interest from new retail channels in the UK, the USA (at one point, sales there approached $1 million per annum online).
The offer consists of a product portfolio (addressing period pain and male sexual health, in addition to menopause), patents, trademarks, and other intellectual property.
It includes a significant body of research that offers insights into the mechanisms underlying several human health and wellness issues.
There is also significant stock and equipment for product assembly and packaging.
The inventor-owner wishes to retire. He is fully committed to a successful transition and potential ongoing shareholding.
Get in touch for more information.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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