Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Home & Kitchen Products Amazon Business

LISTING DETAILS
Firms For Sale ID:
34342
Vendor reference:
355978
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$50,000  
Turnover / revenue:
$41,203
Net profit / cashflow:
$20,442

OTHER DETAILS
Reason for selling:
The owner has had some medical issues and also wants to expand into a different niche where he has more product ideas.
Support and training:
The owner is open to finding a mutually agreeable training and transition period to ensure the seamless transfer of the business and to ensure the new owner is set up for continued success. The owner currently only spends 8 hours/week on the business and that work (bookkeeping and customer service) can be outsourced if desired.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This is an Amazon business which serves the home and kitchen market. The products have been selling since May of 2013 with significant growth each year. This is a strong, evergreen market with a strong rating on Amazon. Feedback from buyers over the lifetime has been 99% positive from 466 buyers. It is listed on the first page of Amazon for all major keywords related to the product.
Sales of units increased approximately 34% in 2015 over 2014. Owner expects sales to increase over 30% again in 2016. Possibly more with more marketing and a Shopify eCommerce store to supplement Amazon traffic with Google traffic also.

Highlights:
o Proven consistent products
o Products have a logo imprinted to prevent hijackers.
o 27 month track record of consistent growth.
o Seller ranking is almost perfect and customer feedback is 4.7. They have taken very good care of the customers and respond quickly to issues.
o Very low time intensive business (can be run very part time with less than an hour/day if new owner desires)

Expansion Potential
1. Create an offering of double version of this product in addition to current single version.
2. Develop a Shopify eCommerce store outside of Amazon.
3. Continue selling on eBay
4. Press releases during the holidays with coupon offers
5. Create video reviews
6. Buy exclusively from China for the most profit (half the cost of US supplier).