Goat Soap Profits $20K
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A story about Ramon discovering and analyzing a goat milk soap e-commerce business listing on Flippa.
"I just saw this an hour ago - it was a goat milk soap website. Apparently goat milk soap is better for the environment and it's cruelty-free, because traditional soaps do testing on animals. This was the first time I heard about it, which intrigued me.
This could be a product that people are very passionate about - similar to how people into keto are super passionate. There are tons of examples where it's a pretty small niche but people are so passionate they will spread the word for you.
The website is 4 years old, making $20,000 in monthly profit with a 29% profit margin. It's selling at a 1.8x multiple, so the asking price is $425,000. When I look at something like this, first I research about the product - does goat milk really work? Is it more of a gimmick or does it actually solve a problem? Are people really interested? Is there a need for this? Even if it's a gimmick that's fine too - it's just important to know."
Ramon Van Meer
Founder and CEO of Genius Litter, a company in the pet care industry. Featured guest on prominent business podcasts, including the Kara Goldin Show and My First Million.
Entrepreneur with experience in business management and product development.