The business operates an Amazon FBA storefront focused on selling leather wallets across five European Amazon stores. It launched in February 2018 with a unique wallet concept inspired by movie colors, later expanding its product line. The business records consistent sales growth, achieving over $1.3k by mid-March 2021, with an average order value rising from $40 in 2020 to $52 in 2021. The brand boasts a 4.5-star rating on Amazon from over 100 ratings and maintains a social media presence with close to 4,000 followers on Instagram and over 500 on Facebook. Several wallets sell weekly without advertising, and the brand is recognized across various affiliate blogs and by YouTube influencers for its quality.
The business operates with a solid manufacturing partnership in Ubrique, Spain, known for producing luxury leather goods for iconic brands. This relationship offers flexibility in orders and customizations, facilitating potential business collaborations. Utilizing Amazon Fulfillment Services, logistics and customer deliveries are streamlined, shifting from previous in-house management that yielded $13k annually from social media advertisements.
Despite its success, the business is for sale due to resource limitations for scaling and a shift in focus to other projects. It presents significant growth potential for someone experienced in Amazon FBA and could leverage influencer marketing to boost sales globally. Assets included in the sale span brand assets, custom technology, customer databases, and established manufacturing relationships. Post-sale support will be provided to ensure a seamless transition for the new owner. Inventory is not included in the sale price.
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