Tell us a little about yourself. What’s your background? How did you start the business?
Business Entrepreneur specializing in eCommerce for over the past 10 years. Nearly 100k in Flippa sales with 100% positive feedback!
I own a portfolio of several 6 and one 7 figure eCommerce businesses & Physical businesses.
If you are an e-Commerce business where are your products made?
The product is private branded & manufactured in Hong Kong, a very valuable USA Trademark included in the sale.
How have you marketed the product and where are your customers originating from?
Amazon USA is the only platform currently being utilized with about 90% organic and 10% of revenue from Amazon PPC.
Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?
Yes, it’s owner-operated, FBA is so easy to run only 1 hour per week or less is required to run this business.
What does someone need to do to continue operating the business in its current form?
The only task is to re-order stock from the supplier as and when required. Business comes with stock included in the sale which has a sold value of 90K.
Can you list a few opportunities for a potential new owner to continue growing the business?
Amazon’s Opportunity Growth Team have identified a marketplace with major demand & no suppliers. Simply send stock to FBA on this platform for instant growth, SEO offers a major opportunity as no work has been done in this area. Advertising & expanding through social media platforms also offer a great opportunity as no work has been done in this area either.
What has been the evolution of this asset since its launch?
Since launch, the owner has sourced high-quality reliable suppliers which have led to nearly 2.5k positive Amazon reviews. This has led to great growth every year as demand is evergreen. Expanding to other Amazon Platforms will no doubt double or treble revenue.
How does this business make money? What are the current revenue streams?
Amazon.com FBA (no customer service headaches or fulfilment etc).
What marketing channels are most profitable for the business?
Organic sales are the primary driver of sales which is reliable & cheap, Amazon PPC drives about 10% but no other marketing has been done & opportunity lays here too!
How does the business currently acquire customers and what is your breakdown for marketing costs?
How big is your current team? How many people does it take to run this business?
1 Owner (only 1 hour per week).
What’s the reason for selling your business on Flippa?
I am pursuing a start-up project with a tech invention I have created for the drone niche, which requires a capital injection as I have identified a huge gap in the market. Put simply this sale will facilitate this project.