Unique opportunity to acquire an eCommerce business that sells machines for pressing raw material to produce essential oils for use in baking and other applications. This sale comes with all the molds, technical specs, and relationships with a manufacturer in Asia that produces these machines for non-commercial use. Very strong margins and an exploding market for products related to recreational use legalization in over 39 States. Easy to use machine, heats stainless steel pads and uses pressure to extract the oil for use as a cooking ingredient for edibles or whatever application the user desires. Heating, pressure and time is all it takes to use this efficient press to produce oils at home without using any hazardous solvents. Machine only weighs about 13lbs and is easy to ship. The 2021 results were severely impacted by supply chain issues and the seller had very little inventory to sell, but now has 200 machines in the US and 300 more in Asia just waiting for the order to ship. The inventory is not included in the asking price but can be purchased for an additional $100 per machine. Seller's are not very active in the business as there is a part timer that handles the shipping and fulfillment and another employee that handles orders, customer service, cyber security, SEO, etc. The business currently resides in Colorado but can be run from anywhere. Seller's have other full time jobs and business interests and have priced this to sell very quickly as they just don't have the time to run it. The sale comes with a great website based on a Wordpress platform with all the back end processes set up to take payment, orders, etc. Inventory is stored at a storage unit and could be moved anywhere a new owner wants it without any existing lease assignment requirement. SERIOUS CASH BUYERS ONLY PLEASE. All inquiring parties will be required to complete a confidentiality agreement before receiving any additional information.
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