An Amazon FBA business that focuses on wholesaling products from other brands in the home and cooking niche. This business was built in June 2015 and currently has 60 different products for sale on Amazon. The seller negotiates with various manufacturers and suppliers to be there "go to" online agent to sell their products for them, similar to how a brick and mortar business buys brand name goods to sell within their store.
For a buyer looking to get into the wholesale game on Amazon, this is a good starting place for much of the work, contracts and negotiations are already in place for the new owner. Currently, the business serves just the USA market and Amazon is its only sales channel, leaving room for expansion into other markets and for multichannel selling.
Average Monthly Revenue: $10,746
Average Monthly Expenses: $9,099
Average Monthly Net Profit: $1,647
* We are using the last 12 months to determine the averages.
Assets Inlcuded in Sale
A New York State Corporation authorized to buy wholesale and its accounts with suppliers, The Amazon Seller Account, an Insurance policy, subscription to software tools, and an active loan account with Amazon Lending in case the buyer be interested.
The seller spends 8-10 hours per week on FBA preparation process and checking reports.
Reason for Sale
The seller has been developing a new business and wants to focus on the new venture.
Sale Pending: No
First Seen: Mon, Apr 24th 2017
Last Updated: Tue, Apr 25th 2017