This eCommerce Retailer is a private label brand of cooking gloves, preparation kitchen claws and related cooking accessories. This business also offers a one-of-a-kind comprehensive implement package for barbequing, complete with cooking gloves, meat shredder, baster, and a recipe collection. Currently enjoying 247% YOY growth with expected continued growth throughout 2018 and beyond, this is an excellent business to acquire as a platform to continue to develop out the product offerings.
With 30% net margins and minimal OPEX, this turnkey Amazon FBA retailer is an absolute gem, making for a nearly passive revenue stream in the right hands.
Sales volume is driven almost exclusively by Amazon with ASINs often times earning Amazon’s Choice & Best Seller badges. 100% of all fulfillment (picking, packing, storage, shipping and associated customer service) is handled by Amazon – as such, ownership currently invests a maximum of 5 hours weekly to oversee this profitable business. This business has become almost completely hands off for ownership while continuing to scale, making for a genuinely smooth and natural transition to any buyer, regardless of skill level.
Currently experiecing a sweet-spot average ticket ringing up at $17 per purchase across the board, this company is actually beginning to see COGS and OPEX slowly decline over time, painting a picture of both stability and economies of scale.
Selling solely on Amazon and yet to tap into additional sales channels, this high performance seller is in a perfect position to make the jump into international markets with the power of Amazon, as well as the even greater leap into the world of wholesaling and brick & mortar – the rapid preparation niche within the consistently trending home cooking retail space is trending very nicely, and caters to a highly reliable and robust demographic with healthy sales all year-round; boasting an undeniably bright future and hugely attractive underpinnings, there’s not an entrepreneur in the retail space who wouldn’t want this business.
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