Doctor Formulated Supplements Company
Doctor Formulated Supplements Company Founded in 2016, this successful operation has evolved into a leading nutraceutical medicine company located in Middle Tennessee. The business was initially established as an add-on revenue stream for another service-based company but was separated out two years ago due to its remarkable growth trajectory. Financial Performance: The company's impressive revenue growth is a testament to its potential. With a current net income of $210,000, the trajectory suggests a highly lucrative investment opportunity. Products and Services: This business specializes in providing doctor-formulated pills. With two self-formulated products and a portfolio of 100 private label products, the company is well-positioned for exponential growth. The clientele has organically grown through synergies with another service-based business, which will continue offering the same product line.
Location
Franklin, TN (Williamson County)
Employees
1
Real Estate
Lease
Owner Financing
Owner financing is available. Please contact the seller for more information.
Years Established
9 Years
Expansion Potential
With an already solid client base of approximately 450 active subscriptions, this company could benefit from some advertising spend. So far, they've grown organically and through ward of mouth. This year is the first year they are approaching retail settings.
Size In Square Feet
250
Competition / Market
The business has tremendous growth potential, with minimal outreach efforts to date. Recent initiatives, such as placing products in commercial settings, indicate a strategic approach to expanding the customer base. The goal is to reach $900,000 in revenue this year, a target that the current operators believe they are on pace to achieve.
Inventory / Stock Value
$55,000
Reason for Selling
Competing Priorities with multiple growing companies
Financials
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