The business specializes in a single product, an aromatherapy incense burner, initially sold exclusively on a major online retail platform from January 2019 until July 2020. In July 2020, operations shifted to a dedicated website. This strategic move led to over $100,000 in revenue and the acquisition of more than 10,000 customer contacts within five months. The global pandemic and holiday season in late 2020 caused inventory shortages, delaying resupply until April 2021, when supply chain issues were resolved. In early 2021, the team refocused their efforts on a different venture, choosing to sell remaining stock via the original online platform with minimal maintenance while still producing a steady income of over $1,000 a month.
Running the business involves a streamlined purchasing and order fulfillment process with a supplier based in China. The supplier holds inventory on standby, ready for shipment upon notification of low stock from the online platform. The minimal effort required for managing this process includes receiving alerts, creating shipping plans, and coordinating with the supplier.
The business is offered for sale at a significant discount because the current owner lacks the time to develop its full potential. It suits someone experienced in e-commerce and brand growth, requiring initial capital to capitalize on its promising prospects. Assets included in the sale consist of brand assets, customer databases, existing manufacturing relationships, marketing materials, social media accounts, and an account on the online retail platform. Post-sale support is provided for the transition. The business holds current inventory valued at $25,000, consisting of 1,100 units.
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1 transaction totalling USD $15,000
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