$1,738,885
$432,058
2.89x
Started in May 2020, this lean Amazon FBA business has launched beautiful modern desks and TV stands. With a focus on Amazon, the owner uses his woodworking background and international manufacturing network to design and create modern furniture.
With $1.7M in revenue and $432K in seller’s discretionary earnings in the last 12 months, the business has achieved 24% net margins. The total advertising cost of sale (TACOS) is an incredible 5.7% over the last year.
The owner used professional product photos to create stunning product listings that pop on Amazon’s page, which has led to an average order value (AOV) of $246 and a return rate of 3%–5%.
The current owner can teach a new owner how to create new designs and work with factories to bring new products to life.
This business utilizes a 5K–6K sq. ft. warehouse to stage the inventory before shipping products to Amazon fulfillment centers. The product size and weight (37–107 lbs) can be quite large compared to many other products on Amazon, which is a moat from additional competition and copycats.
Growth opportunities include shipping directly into Amazon fulfillment centers to save costs, focusing on their own website and Wayfair, and launching complementary products.
These modern furniture pieces are loved by consumers and add life to every room. The owner runs several businesses and wants to simplify his workload; he currently spends about 10–20 hours per week on the business. There is ~$300K in landed inventory currently.
**This business is not SBA financeable.
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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