$563,887
$68,486
1.99x
Launched in 2016, this Office and Home business is the leader in its main product category. Sales are streamlined exclusively through Amazon FBA across the US, Canada, and Mexico marketplaces. This is a trio of brands, and the main brand boasts the largest color variety of products in its niche, supported by over 11,000 reviews averaging 4.7 stars.
Despite encountering a COVID-related bump, sales have stabilized. However, repeated stockouts have hindered growth potential, presenting an opportunity to improve sales simply by having more working capital and managing inventory orders in a timely manner. The supply chain is efficient with long-standing manufacturer relationships in place; all products ship straight from the manufacturer to Amazon. The seller acquired the business two years ago but has not had the time to grow the brands to their potential. He is selling to focus on a new full-time job opportunity and will train the buyer on all processes needed to run the business.
Key opportunities for the business include simple updates like adding product inserts to build the brand and capture contact info, exploring wholesale opportunities, expanding to new marketplaces, or adding to the product lines. The owner has discontinued several profitable products with solid sales histories and reviews in an attempt to simplify the business. These could be easily reintroduced by a buyer with more working capital. Additionally, the owner has recently done some early testing with increasing the current prices and believes there’s further room to increase pricing.
This business is priced to sell quickly; if you’re looking for a simple, low-workload business with a great history yet still ample growth opportunities, this could be the acquisition for you.
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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Revenue: $1,183,859
Income: $263,897
Amazon FBA
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Income: $1,704,289
E-Commerce