American consumers cannot get enough kitchen gadgets, whether for cooking, prepping, serving or specialty use. In 2014, the US retail sales of kitchen gadgets and tools amounted to approx. $1.1 billion (Statista.com). As consumers have become much more health conscious, their interest in fresh homemade foods and cooking at home has increased. This has in turn resulted in an increased demand for kitchen tools with the purchase of kitchen gadgets sky rocketing. This trend bodes well for the future of this company who has established itself offering kitchen products online with the perfect brand name for consumers to identify with for healthy cooking!
Products are private labeled with its brand from the manufacturer. About 99% of sales are generated through the company’s Amazon store with 1% through its own website and Jet.com. Currently, most items are shipped directly from manufacturers to Amazon FBA with a small amount sent to the company itself. With the majority of inventory stocked at Amazon FBA and the remaining items requiring only a small space, this business is operable by one owner working part-time from a home-based location and is easily relocatable.
This internet business has proven sales, high quality products, key relationships, a simple business model, a pending trademark and an excellent brand name that is easily relatable to the health-conscious trend of consumers today! With this established foundation and lots of potential for growth in a growing market, this business opportunity makes a great acquisition for any entrepreneur to get in near its start and take it to its next level.