The seller is an individual who operates a streamlined business model through an Amazon FBA store. Primarily dealing with liquidation products, the seller purchased inventory and utilized an FBA Prep company to manage processing and shipments to their Amazon account. The seller's involvement in the business is minimal, mainly focusing on sourcing inventory and addressing customer service inquiries for approximately 10-15 minutes a week.
The Amazon account was acquired in August 2017 from the original owner who specialized in selling books. Since the acquisition, the seller made one major purchase of liquidation inventory and maintained operations with little additional effort. The reasons for selling include a desire to simplify life and focus on fewer business commitments.
The business makes money through eCommerce sales on Amazon, with expenses including a monthly $39.99 seller subscription fee and occasional inventory storage costs. The seller is open to providing financial documentation to serious buyers. Marketing efforts have been non-existent as per the seller's report.
Included in the sale are the Amazon FBA store and all remaining stock, which as of June 2, 2018, consists of 3,882 units valued at $118,934.19. The buyer has opportunities to either follow the established business model with guidance from the seller or diversify using the seasoned account to sell different products. Potential owners are encouraged to maintain open communication with the seller for additional details or inquiries.
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