Sucessful Drug Testing Retailer e-Commerce, work from home, great passive income

30 days ago

Location:
Sydney - Greater > New South Wales

Investment level:
$85,000 - $100,000

Type:
Business

Industry:
Health, Beauty & Fitness > Health & Medical

Private Seller

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Summary

Fully online drug testing company, great ROI, very low overheads, great passive income. $90K p/a with full ongoing support. Huge potential for growth in a booming sector.

Revenue

$90,000 pa

Rent

$0 pa

Expenses

$30,000 pa

Net Profit

$60,000 pa

Location Details

Online Business
Work from home, currently located in Sydney, NSW. Would preferr sale closer within Sydney to facilitate easy transition.

Potential

Huge opportunity for growth. We have experienced steady growth over the last 5 years and have maintained a solid online presence, we receive many inquires for physical workplace testing, which is an area to potentially explore to increase turnover significantly. With roadside and workplace drug testing becoming common place, more and more people are turning to self use testing kits.

With additional advertising and targeted marketing it would be very easy to take turnover well over 100K P/A

Skills

Proficient with computers. Basic computer skills are essential, i.e eBay marketplace, ecommerce Taking the time to learn about the product is essential, training package included.


Hours

E-commerce operates 24/7. Our current operation requires 5h/pw

Employees

1

Reason for Sale

As a future medical practitioner I used this business to help fund student loans, now that I am nearing the end of my degree I am looking to sell the business to focus on other ventures.

NOTE: I am looking for a quick hassle free transaciton and am prepared to negotiate accordingly. If you require finance to fund your purchase then unfortuantely this business is not for you.

About the Business

Drugsmart - Drug Testing Kits.

We are an online retailer of many kinds of drug testing kits both urine and saliva, including the same brand drug tests used by police. We sell to the general public, workplaces and government agencies. We also stock a range of our own products exclusive to drugsmart which have great margins.

This opportunity is fantastic for someone looking for passive income or either looking to take this business to the next level.

At our current level of involvement the business requires very little input, however there is huge potential for growth. With less than 5 hours work per week we are turning over approximately 90k annually. Reasinably low overheads with main expenses being postage, stock and sellign fee's. Depending how you run the business, sole trader or company, a home office is a great tax deduction.

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