Amazing opportunity to acquire a profitable, growing company with an extremely loyal customer base, as evidenced by its high recurring revenue. This company has carved out a niche market in the expansive meat delivery space. Established just over a year ago, the business has been profitable with zero debt since day one. It has already shipped to all 48 states in the USA, with over 50% of total revenue in the past 12 months coming from repeat subscription purchases. The average order value (AOV) is consistently close to $200.
Operations are currently run from two locations. The main one is a 3PL that handles the majority of fulfillment. The other is a leased local warehouse used for storing samples and creating content.
The owner spends about 20 hours a week on the business. One remote employee manages nearly all marketing channels and content, while the owner focuses on sourcing and some marketing content.
A strong operational backend has been established, positioning this business for growth without many headaches.
This business would be a perfect fit for an existing meat shop looking to expand its delivery capabilities or anyone experienced in e-commerce looking to dive into a huge market with a growing TAM and industry!