20th of January, 2016
(6 years 10 months old)
Assets Included in the Sale
This listing is for an Amazon FBA business created in January 2016 in the office supply niche. The included Amazon Seller Central account is registered with Amazon Brand Registry and features 4 SKUs (3 products with 1 variation) for products that help with reading. The best-selling SKU features 2,500+ reviews at a 4.7-star rating, the secondary SKU has 400+ reviews at a 4.7-star rating, and the third SKU has a positive average rating. The business has strong profit margins of 28% and overall it requires minimal effort from the Seller to maintain.
The business has one supplier located in Korea that the Sellers have used for 6 years. Inventory is kept at a self-storage unit (80%) and with Amazon (20%). Shipments to Amazon's warehouses are fulfilled via LTL.
The business is run by two co-owners, with no employees. The Sellers hire a CPA, graphic designers, and freight forwarders as needed. There is an agent in Korea who is engaged a few times per year when a new order needs to be put in place, or when the Sellers are working on a prototype for a new product with the factory. The agent is paid a handling fee per shipment and receives an additional fixed fee per unit ordered. The Sellers haven't notified the agent of the intention to sell yet, but they are confident that they will be willing to continue working with the business after the sale.
A small portion of business revenue (1%) is generated on the Amazon Canada marketplace. Growing sales on this marketplace could be a growth opportunity for a Buyer to consider. Other growth opportunities as identified by the Seller include launching a video for a new product included in the sale, launching developed versions of the core SKUs, launching complementary products, and creating product bundles.
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The Seller is willing to offer 45 days of support, including email support and 5 calls. This is more support than is usually offered by Sellers.
The Seller would like the capital to invest in other projects.
Work Required Per Week: 9 Hours
Private Blog Network (PBN): No
Domain Type: .com
Platform: Amazon FBA, Other
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