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SELLER GUIDE
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63 Watchers
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FBA Storefront

Currency:

FBA Storefront | Design and Style

Verified Listing
Amazon's favorite leather phone wallet since 2016. Hundreds of thousands of customers, over 7,000 reviews for the hero SKU with an average 4.6-star rating.
FBA Store Design and Style Editors Choice Sponsored Confidential
Business Location
Site Age
10 years
Monthly Profit
USD $5,250 /mo
Profit Margin
18%
Profit Multiple
2.9x
Revenue Multiple
0.5x
FBA Store Design and Style
Editor's Choice
Asking Price (Classified)
USD $180,000

Excludes USD $51,000 of inventory

About the Business

A company focusing on crafting quality phone wallets was initiated by college students who were dissatisfied with existing options made from inexpensive materials. Over nearly a decade, the firm's leather stick-on phone wallet gained popularity, especially on a major online retail platform. Positive customer feedback highlights its durability and aesthetic appeal, with users appreciating the variety of colors and the practicality of merging their phone case with wallet functionality. The company experienced significant growth annually and was sold for $675,000 in 2022, not including inventory. Revenue approached $1 million between 2022 and 2023. However, a major lost inventory shipment in 2023 and problems with counterfeit sellers affected the business, causing revenue to decline from 2023-2025, and resulting in bankruptcy proceedings. Despite these setbacks, the business persisted, resolving bankruptcy in 2024, and spent the subsequent year refining its operations and product offerings. With a strong foundation and dedicated customer following, the business presents an opportunity for acquisition at a favorable price. As the smartphone market expands and consumers rely less on physical cards, the demand for phone wallets continues to grow. The company's product is distinguished by high quality rather than low pricing, which has allowed price increases due to its superior quality. Furthermore, the low cost of goods sold (COGS) at around 14% and potential for market expansion, direct-to-consumer channel development, and product diversification offer substantial growth prospects. For the right buyer, this business represents a valuable asset with untapped potential.
FBA Store Design and Style
Editor's Choice
Asking Price (Classified)
USD $180,000

Excludes USD $51,000 of inventory

Vetted + Data Verified Listing

This quality listing has been vetted by the Flippa team or the broker to ensure accuracy of the information provided.

Our vetting team has reviewed this listing and verified:

  • Revenue
  • Primary Expenses
  • Traffic

The seller has also connected the following data integrations:

  1. Amazon Seller

Payment Methods
Escrow.com
FlippaPay
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0 Comments
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63 Watchers

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