Started in late 2019, this 100% Amazon US business specializes in bathroom furniture that uses superior materials which do not mold or require ongoing maintenance when placed in wet locations like a shower. The business has focused on meeting the needs of customers through timeless designs, easy-to-assemble products, and superior quality compared to competitors.
This brand is experiencing rapid growth. The trailing twelve month revenue is $928,944 and the SDE is $199,630, which represents over 90% growth YoY. This massive growth achievement is despite numerous stockouts over the last 24 months which the owner estimates resulted in a loss of over $200k in additional revenue. Additionally, the owner has negotiated a COGs reduction of 9% across two SKUs on the most recent order.
This business is simple to run and requires a very low workload. The brand has 7 ASINs that make up 100% of the revenue. The owner works less than 10 hours per week thanks to a non-seasonal, streamlined supply chain that utilizes a 3PL and Amazon FBA. This business is easily relocatable and transferable.
The owner has outlined many opportunities for growth including product and geographical expansion, and marketing optimization. This brand benefits from strong organic rankings and low ad spend as a percentage of revenue, currently at 9%.
This business is not SBA eligible given the owner lives in Australia.
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Chris has always been an entrepreneur at heart. His first internet start-up was at age 15, reselling electronics on Ebay, where, as an early adopter, he had a 4 digit password until Ebay forced him to update in 2015. He has helped start various online businesses, including an SEO agency, online real-estate brokerage, and flash sale website before entering the VC-backed high-growth start-up world. There, Chris honed his skills in mobile product management at RetailMeNot (IPO 2013) before moving on to leadership and executive roles at Mobile Travel Technologies in London (Sold to Travelport in 2015) and Student.com in Shanghai, China. He was also a founding member of the first Amazon aggregator, 101 Commerce.
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