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B2B Medication Lockbox Company – 21 Individual SKUs

Custom Shirts, Hats & More | Multi-Channel

Asking Price:

$300,000

Sales:


$436,355

Profit:

$98,403

Year Established:

Multiplier:


A Seller Force offering, this 13 year established brand crafts and sells medication lockboxes and lock bags for secure prescription storage. With more than 21 products variants, this B2B focused offering sells leveraging wholesale pathways to local, county, state, and federal senior living, hospice, pharmaceutical, and medical supply companies across the US. Working with well-known brands such as McKesson and Cardinal Health, this business has strong recurring revenue streams that deliver unimaginable profits.

Selling only through their own, fully branded website, this B2B seller could easily be repositioned to offer B2C products through spaces such as Amazon.com and medical product hubs. Operating on a 100% inventory model, this company coordinated their own shipments through a warehouse. This could be easily expanded to Amazon FBA to accommodate an influx of sales with the additional storefront as well as minimize the changes to their overall company operations. If the incoming owner would so inclined, they could also shift their model to a 3PL to optimize order fulfillment.

Developing medical product storage solutions, this company was founded by a doctor to fight prescription drug abuse and medication loss through their innovative and highly secured product offerings. Building on this mission, the target has additionally developed educational initiatives as well as formed a coalition with more than 100 drug task forces across the nation to bring more attention to this global issue. In the same vein, this company has distributed many of their products throughout high risk communities to help patients maintain their medications safely.

Currently leveraging minimal advertising channels, this company could grow effectively with the creation of B2C pathways as well as with the addition of impactful marketing tactics such as social media use and paid placements, SEO tactics, affiliate marketing, and more to bring brand awareness throughout the B2B and B2C spaces. With strong, national agreements, this company has crafted more than 125 exclusive seals across the US, New Zealand, France, Australia, Switzerland, and more to create a globally authorized and recognized brand.

Founded back in 2008, this eCommerce company stands on a strong foundation of integrity, value, exclusive service products, and a heartwarming mission to deliver unrivaled revenue rates. With strong potential growth pathways including sales channel diversification, marketing strategy improvements, and content marketing, this brand could thrive phenomenally to drive lasting growth along with tremendous value to the lucky new owner. 

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