3-Year-Old Single Product US-based Amazon FBA selling instant pot cooking cheat sheets (available in two sizes small and large) with a monthly profit of $1,734.
An online business specializes in selling magnetic cheat sheets for instant cooking pots and pressure cookers, featuring recipes and cooking instructions for various foods. The business operates on a major e-commerce platform, with a highly rated store that has been active for three years. The products, comprising two different sizes, retail at $10.99 and $8.99, and have a strong sales record with minimal refunds.
Key aspects of the business include a 39% profit margin, a streamlined operation with low time commitments, and a strategic pricing approach that offers competitive rates. The cheat sheets are praised for their high-quality magnets and are easy to ship, reducing logistics costs. The business model involves ordering approximately 5,000 units from a supplier in China, which are then stored and dispatched from fulfillment centers, effectively handling distribution.
The business requires about 30 minutes of weekly management, primarily to ensure stock levels are maintained. Additional responsibilities such as managing advertising campaigns on the platform are outsourced at a cost of $100-$200 monthly. This venture is ideal for individuals interested in starting an e-commerce store or expanding their product range.
Due to personal reasons, specifically upcoming travel with limited internet access, ownership is planning to sell the business. An existing seller with expertise in digital advertising could capitalize on growth opportunities to enhance revenue.
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