Herbal medicine manufacturer for sale: overview
Excellent opportunity to purchase a successful company producing the very best in herbal medicinal products.
This is a business that has stood the test of time. Successfully servicing the industry for thirty years they sell their products to retail stores and many of those relationships are spanning for many years when they only had one product to sell.
The company for sale provides wild-harvested, organic, non-GMO products that meet the highest standards in the industry. Currently, there are more than 80 Stock Keeping Units (SKU) to bring to the market. 60 products are approved by Health Canada. Also, they are happy to introduce 5 new products to the market this summer.
The owner has been running this business for sale for many years and now he is looking to retire. This business has extensive potential for growth as this product line could explode in the marketplace with some marketing and sales effort.
They have been servicing the same customers for many years with almost no attrition whatsoever. The customers are from western Canada and in British Columbia. In January the owner made just a little bit of sales effort and in the next two months sales improved by 20%. March sales were 4 times that of 2019. Moreover, in the first 4 months of 2020, the owner has already made more money than he did in all of last year. This business is easy to relocate and the manufacturing equipment is very portable.
If you are seeking a business for sale that is very profitable and makes our planet better, this opportunity not to be missed.
