The target is a Branded Smart Watch Accessories eCommerce retailer featuring a diverse, trendy lineup of Watch Bands designed for the Apple Watch and other compatible Smartwatches . The company primarily focuses its sales on the Amazon platform, where it is performing very well in its category.
Boasting 60 Amazon’s Choice Badges as of today, the SKU mix is centered on 4 core designs that yield 85 variant SKUs with fourteen more in the pipeline for 2018 alone. This fashion retailer stands alone in the Consumer Electronics accessories space with a genuinely one-of-a-kind offering that enjoys zero true competition given that the designs are in-house.
Seeing an average ticket price of $23 on the Amazon.com platform, and boasting 68% YOY Growth in revenue for 2017, this retailer is a well-positioned, high-margin fashion business with exceptionally solid foundation in a high demand sector.
Selling exclusively through an Amazon Seller Central Storefront with a website landing page driving traffic as well, this online retailer has yet to expand in terms of sales channels – for this particular niche, Etsy, Pinterest, Walmart, Jet and others are sure to yield high ROI growth opportunities. Yet to tap into wholesale or brick and mortar, this very trendy and salient fashion offering is in a great place to hit store shelves and explore wholesale options as well.
The company’s books appear clean, and thorough, which will make diligence relatively simple. The company does not require a lot of work at current sales levels, so it would be a perfect acquisition for somebody looking to start up in the Amazon space. Little storage overhead is required thanks to a fully FBA platform, and solid vendor relationships allow this retailer to enjoy rapid inventory turns, making for very a low working capital profile. This business could easily be operated from a home office.
Featuring a strong social media presence and currently experiencing 33,000 visitors a month to its own Amazon’s Seller Central Storefront, this niche retailer has positioned itself nicely into a market with an upscale, in-demand product within a sector seeing nothing but growth for the foreseeable future – this is an excellent opportunity for any buyer in any space.
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