Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Anti Hangover Dietary Supplement Business In Dublin For Sale

South Dublin, Dublin, Ireland
Asking Price:
€35,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Not applicable
Net Profit:
Not applicable

Hello there,

We are a lifestyle company based in Dublin. Last year, we launched our flagship product, ****, a herbal dietary supplement, originally concocted as an anti-hangover drink. Our product has been manufactured in a HACCP-certified facility and has been registered with the FSAI. We have 20000 market-ready product units in 6-packs and 10 packs, in perfect condition to be shipped to the consumer. Please visit our website ***.ie for additional details.

Earlier this year, we implemented a product ambassadorship programme, collaborating with 50 social media influencers around Ireland using a coupon-marketing strategy. Moreover, we were also progressing discussions with local and international distributors, to enhance accessibility to our product. However, since Covid-19 struck Ireland, we have become dormant. With restrictions imposed by the government, many of our distribution partners suggested that we wait till the situation ameliorates. However, life with Covid-19 has become the norm now. As a small business, we are exploring various avenues to function profitably. One of the solutions is to sell the business to an organization better positioned to market our product. Please refer to attached documents for registration details and information on the solid margins you can generate.

I wholeheartedly look forward to hearing from you.

For more information, please contact us by using the form below.

Property Information

Living Accommodation:

N/A

Location:

Online Business

Premises Details:

N/A

Size in square feet:
N/A
Planning Consent:

N/A

Business Operation

Expansion Potential:

We firmly believe that our start up can successfully establish itself in UK & Ireland. Once the operations are set up, the company can expand into other EU countries. We have generated interest fin US, China and India for potential distributorship deals and were involved in positive discussions pre-Covid.

Competition / Market:

Currently in Ireland, we have don’t have a competitor as per our research, given that **** is the first of its kind herbal anti-hangover dietary supplement. However, internationally, there is a similar product called ‘Morning Recovery’, with minimum visibility in the market currently. One of the bigger advantage is that we will be operational on ground in Ireland (to start) and UK, significantly shorter lead times will help penetrate the market more. This will give us a competitive advantage.

Reasons for selling:

1. Covid 19: In early 2020, we were getting significant traction across Ireland. However, after Covid-19 struck, our business struggled restrictions imposed by the government, hampering our ability to conduct offline events, marketing campaigns and sampling activities. We therefore lost our momentum and are struggling to recover.

2. Lack of distributor partnerships: Online retail is not sufficient to facilitate rapid sales. We haven't been able to partner with large distributors in Ireland to place our product in stores and supermarkets. While we were negotiating with 2 potential partners in early 2020, the deal fell through after Covid-19 lockdowns.

3. All co-founders are working professionals, so we are unable to devote 100% attention to implement an efficient recovery plan, given today's unprecedented circumstances.

Trading hours:

24/7 Operation (E-Commerce)

Employees:
4
Years established:
2

Other Information

Support & training:

We will support shipment of products to the buyer. Knowledge-transfer sessions will be conducted to educate the buyer on the product, current market penetration and social media/website activities.

Financing available:

N/A

Furniture / Fixtures value:
€1 - included in the asking price
Inventory / Stock value:
€35,000 - included in the asking price
Website:
Login or register to view link
Related Documents:
Business closed / Asset sale:
Yes
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here