Launched in 2016, this rapidly growing FBA brand sells storage and dispenser products used in commercial and home settings. The products serve specific needs and have garnered rave reviews for their high quality, averaging 4.7 stars per product. The typical customer orders for a workplace environment, such as a hospital, business, or gym, or for home use.
The business continues to grow, with a 110% YoY growth in revenue over the last 12 months. Sales are almost exclusively on Amazon and are well diversified across 25 SKUs, primarily in the Industrial and Scientific category. The average order value is $47, and there is no seasonality to the business. It is owner operated, with Pay-Per-Click advertising and photography outsourced to reliable agencies.
The owner has set up a foundation for continued growth; he recently renegotiated product pricing and optimized product packaging to improve margins this year. There are still huge prospects for further growth that have not yet been explored.
One of the biggest opportunities is expanding sales channels off Amazon. The nature of the products lends itself to business-to-business sales, but the website has had little attention. This leaves a huge opportunity for the new owner to solidify and build customer relationships off Amazon for improved profitability or tap into the ample marketing opportunities outside of Amazon (Google Ads, social media ads, email marketing, etc.). Additionally, sales can grow through continued product-line expansion. The owner has a list of product ideas and will share his process for product ideation and development with the new owner.
This is the business you’ve been waiting for: a fully remote, growing business in an evergreen niche. The owner works only 15-20 hours per week and will gladly train the buyer. This business qualifies for an SBA loan with a 20%-25% buyer equity contribution.
This business is currently under offer and therefore no longer available. Join the waiting list to be notified if it becomes available again
Elaine is passionate about entrepreneurship and has a track record of success in online business. She started her first profitable eCommerce business on Etsy in 2009 and has built 3 more businesses since, including a content site, an online subscription service, and a multi-million dollar eCommerce brand. She exited her most recent venture with Quiet Light brokering the deal.
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