This business is a high growth eCommerce Retailer that operates in Multiple Segments, including Pets, Crafts, Home Improvement and Outdoor Recreation, providing ownership with the opportunity to scale in many directions. Over 40 SKU’s are offered at market, including a well-rounded inventory of steel cabinets, rolling workbenches, cremation urns, skim boards and craft sticks. A ready to go product launch plan will add new SKU’s and increase revenue immediately. 100% Fulfilled by Amazon (FBA) means this is a hands-off, no logistics necessary operation with strong revenue and continuous growth. This is a great business for someone without experience to acquire with all standard operating procedures in place, a bevy of room for expansion and an Amazon Seller Central storefront with a 98% seller rating.
Thanks to its Amazon Seller Central storefront where it performs very well with customers (as proven by its high Seller Rating) and two Best Seller Badges (as of the date of this writing), this Amazon FBA Company currently enjoys 150% YOY growth with an average ticket price of $83. All SKUs are Amazon Prime and follow a non-seasonal sales pattern that allows this eCommerce business to enjoy strong revenue and consistent growth.
All products are set up on an Amazon FBA shipping platform (with minimal excess inventory stored in a 3rd party warehouse) allowing owner to remain completely hands off. With a virtual assistant and one part-time employee (along with inventory/supplier management running the day-to-day operations of inventory, bookkeeping, and customer service issues) current ownership only works around 5 hours per week to oversee the business. No previous experience is necessary in this segment as all standard operating procedures have been documented by current owner allowing for a seamless transition for this turn-key opportunity.
There is a huge opportunity to leverage this well-rounded brand. Currently sales are exclusively on Amazon, this company has yet to build out its own DTC website which will increase revenue right out the door. Yet to branch out internationally or to any additional sales platforms, these avenues are prime, untapped scale opportunities that can quickly increase revenue for new ownership.
This brand is well established, currently seeing over 50,000 visitors to its Amazon Storefront monthly with only Amazon PPC marketing done to date. Currently a low ad-spend with a less than 5% run rate is being managed so new ownership can easily expand marketing by implementing more aggressive ad spend, by creating an email contact list and email campaigns, by SEO marketing and advertising, and by branching out to social media platforms.
Most exciting, a solid product development plan is currently in place which will allow new ownership to easily execute a new product launch plan and expand the SKU lineup with new colors, styles, and more. Four types of new cabinets and five types of cremation urns are already in place but have yet to be launched. These new SKUs are projected to increase profits by 20-50% alone.
With a glowing Amazon reputation, and a solid inventory of SKU’s, this retailer has excellent scale opportunities and is ready to grow leaps and bounds in the hands of the right buyer.