The business specializes in a product known as the Cable File Bag (CFB), which is recognized for its superior design and has been the top seller in its niche. The CFB is a trademarked product in the USA and UK, with patent applications pending in the USA and China. Launched in January 2020 on Amazon USA, the product achieved a revenue of USD $58.4K in its first year, despite the challenges posed by COVID-19 restrictions affecting its primary customers, musicians and DJs. The product maintains a 4.5-star rating from over 70 reviews. The company generates revenue through its private label product sold on Amazon’s platform using the Fulfilled By Amazon service.
They have established a solid supply chain, collaborating with a Chinese manufacturer since 2019 to perfect the product specification. They have coordinated three orders thus far, utilizing external quality assurance and logistics managed by Westbound Freight Forwarders in Los Angeles.
The business is being sold to focus on a new venture. Potential buyers are encouraged by opportunities for expansion, such as developing additional products and entering new sales channels like eBay and international Amazon marketplaces. The assets included in the sale are brand elements, supplier contracts, custom technology, domain names, and existing manufacturing relationships. The business has modest social media presence and includes post-sale support for the new owner. It holds an inventory valued at $10,047 and consists of 197 units ready to boost potential growth.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More