• Skip to primary navigation
  • Skip to main content
  • Skip to footer
Hatchit logo
  • Buy & Sell
  • Valuation
  • Pricing
  • Blog
  • About
  • Log In
  • Search
Search
  • Buy & Sell
  • Valuation
  • Pricing
  • Blog
  • About
  • Log In
  • Search
View Full Listing
RETURN TO SEARCH

Aphrodisiac Chocolate Biz w/ Massive Growth & Huge Margins | Selling Due to Co-Founder Falling Out

Date Posted: 03-15-2023 Last Updated: 03-22-2023
Financial Information
Price: $5,300,000
Annual Revenue: $3,808,475
Annual Net Profit: $1,777,174
Revenue Multiple: 1.39x
Profit Multiple: 2.98x
Post Details
Business Country: United States
Currency: US Dollars
Brokerage Firm: Quiet Light Brokerage
Additional Information
Websites  
Description

Launched just over a year ago, this is a truly unique ecommerce brand built by two unique entrepreneurs.

The founders have created a sensation, and sales have exploded, going from zero to over $500K per month. The brand has been featured on the popular My First Million podcast, gone viral countless times on TikTok, and been featured in the press on outlets like Vice and TMZ. While the business has grown tremendously, the fact that two busy college students cofounded it leaves multiple levers to pull for future growth and optimization.

The underlying product was formed via the insight that the massive sexual supplement market was taboo and outdated. In turn, the founders created a winning product that spoke to the younger generation. They marketed the product where the younger generation consumes content online (namely TikTok). A material portion of sales come from TikTok but not as a result of one or two viral videos. Instead, the owners have built a repeatable and sustainable sales process as evidenced by the systems they have put in place and the impressive sales figures that have been achieved in recent months. Strong sales come from numerous other channels beyond TikTok including subscriptions, Google Ads, email and SMS marketing, and more.

The founders wish to sell the business as they have had a falling out and are no longer having fun working together. Although the personal relationship has soured, the health of the business is as strong as it has ever been. February 2023 closed as the highest-revenue month in company history. Both cofounders are bullish on the future of the brand and would be open to staying on in some capacity or to rolling equity.

  • Contact
  • Report

Contact this seller directly and more. Register for free.

Already have an account? Login

Send message to moderator

Need Help?

RETURN TO SEARCH

Footer

Hatchit logo all white
  • Buy & Sell
  • Valuation
  • Business Listing Pricing
  • Blog
  • About
  • Log In

GUIDELINES

  • FAQ
  • Posting
  • Prohibited

POLICIES

  • Posting & Buying
  • Privacy
  • Terms of Use

SOCIAL MEDIA

CONTACT US

contact us

SEARCH

search

© 2023 The Hatchit Marketplace, LLC. All Rights Reserved.
201 Rossburn Way, Chapel Hill, NC 27516

Website design Lisa Dahl | Website developer AnoLogix

© 2023. The Hatchit Marketplace, LLC. All Rights Reserved. Website design by AnoLogix

We use cookies to ensure you receive the best experience on our site. If you continue to use this site we will assume that you are a-okay with our terms. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT