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In 2014 my brother founded "The B12 Store", within 5 years he grew that business model to 20 locations in 5 states. My brother and I are now taking that model online to capitalize on the soaring popularity of Telemedicine, the continued growth of Vitamin Injections (B12 Shots), and innovating the market with the capability of "Needle-Fee" Injections (Think Star Trek) With the onset of Covid-19 and the majority of people at home, our business model is that much more valuable.
Our mission is to help our customers lead their best lives by providing them simple solutions coupled with outstanding customer service. Our goal is to expand to all 50 states within a year, by partnering with like-minded and complimentary clinics, practices, and businesses.
The stats speak for themselves, nearly 75% of Americans are clinically deficient in their most important vitamins, minerals, antioxidants. Our goal is change that. The biggest problem is that most multi-vitamins absorb at 4-6%...where an injection provides 100% absorption. Another factor is that anyone taking antacid medications is almost guaranteed deficient, which makes nearly 28 million Americans not just low, but severely deficient.
As my brother grew The B12 Store to locations in 5 states, we have keen insights that will enable us to move the needle quicker than most start-ups. We know exactly who our demographic is and with limited competition in the digital market place, we are in great position to expand exponentially. The average gross revenue per B12 Store location is $278,000.00 per year, with a 75% profit margin. We have essentially taken that business model and streamlined it, reducing operating costs by 20% while at the same time expanding and increasing our customer reach by 500%.
VidaShots can be effectively broken down into two business models rolled into one. The first is: "The VidaClinic Partner Program". Under this model we partner with Medical Practices, Medi-Spas, Plastic Surgeons, Dentists, Chiropractors, ect. Our partnership program provides these businesses:
Their own Telemedicine portal
A proven revenue stream with the Vitamin Injectables
An E-Commerce system that is streamlined and almost 100% automated
Their market expands to the entire state thanks to the online business model
A marketing system that will not only increase their profit margins, but will drastically improve their own digital marketing foothold.
We are seeking to raise $24,000 in funding that will be spent on obtaining FDA Approval to use the "Needle Free" Injection Device with our Vitamin Injectables. Once the application and studies are submitted, we should have approval within 3-6 months depending on their backlog.