Established in December 2019, this software business focusing on Amazon FBA sellers has exploded in growth with 155% revenue growth from 2020 to 2021. The founders created the business out of their own need for a solution to package inserts and rebates, and to increase product reviews for Amazon sellers.
The owners sell private-label brands on Amazon and were frustrated with the lack of tools available to Amazon sellers. Two of the three founders have Amazon FBA seller experience and the third has 20+ years of developer experience.
This business has a mixture of recurring revenue (65%) from subscribers and affiliate revenue (35%) from one of its partners. Revenues are $230,000 with $129,000 in SDE in the trailing 12 months. Their cost to acquire a customer (CAC) is $105 while their customer Lifetime Value (LTV) is $423.
With a high 68.42% conversion rate from Trial to Subscriber, the business is poised for future growth. All subscriptions are billed monthly leaving the new owner with an opportunity to launch an annual option. With over 2.5M Amazon sellers, there is ample market for massive growth.
The technology is built to scale and has a solid development foundation for new features and functionality. The current developer will help with the transition in hiring/training a new developer. (**The cost for a new developer has already been factored into the P&L.)
The software serves hundreds of Amazon sellers, continues to see steady growth, and can be operated from anywhere in the world.
This business is currently under offer and therefore no longer available. Join the waiting list to be notified if it becomes available again
Ryan Condie has started 8 businesses, bought 4, and sold 2. He owns a lead generation software company, an FBA business, and is the host of the “Let’s Buy a Business” podcast.
In 2014, he started a candy factory from scratch which can now be found in Sam’s Club, Walgreens, and thousands of other stores.
Ryan also spent 8 years in software sales at several tech unicorns but his passion lies with online businesses and helping sellers achieve life-changing events through their business exits.
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