This target is an eCommerce Medical Supplies Retailer with Rapid Amazon Growth. The target offers 120 top brand SKUs of high demand consumables concentrating on the diabetes vertical. Attractive bulk pricing leads to huge amounts of repeat buyer traffic to both the highly polished eCommerce storefront and Amazon and eBay storefronts, where it boasts a 94% Lifetime Seller Review along with an eBay Lifetime Seller Review of 98%. Currently realizing 85% YOY growth with a 20% increase in projections YOY for the next three years, this company sees consistent revenue and high margins with a perfect impulse-buy average ticket of $37.49, no seasonality and a 23 % repeat customer rate.
This is a hybrid business model, stocking & shipping in-house as well as utilizing Amazon FBA for 10-15% of Amazon traffic. All products are sourced, fulfilled, and packaged in the USA. Ownership works less than part time hours to help oversee customer service issues and maintain the business, which includes overseeing over 300 orders per day, almost all Amazon orders are shipped FBA or SFP while the remaining orders are shipped DTC from a small owner warehouse where two employees maintain all shipping and inventory processing needs. A quick opportunity to decrease OPEX and rid the company of storage and shipping overhead would be to switch all shipping and inventory to an FBA platform – an easy transition to increase profits as soon as new ownership takes the reigns.
Current ownership has established a solid relationship with suppliers allowing flexible volume pricing and turnover of inventory.
This is a well-reputed business in a niche (but necessary) vertical, with exceptional Amazon ratings that have led to consistent past growth and solid projections for the future. They are in an excellent position to not only scale domestically within the USDM, but also abroad – with the power of Amazon, new markets are only a step away for even the most junior buyer, regardless of skill level. No special or skills or background are needed to run and maintain this business, making it a highly turn-key opportunity in every way imaginable.