An FBA business created in June 2015 in the fitness and outdoors niches with their wide range of products. There are currently two part-time workers for this business:
The seller answers customer inquiries, which is about 2 per day, that takes around 10 minutes to respond. This task could likely be passed on to the VA or another outsourced VA. On a bi-weekly basis, the seller will fill in accounting/inventory figures into a spreadsheet to give them a snapshot of the product trends and see whether certain products are going up or going down. This is sheet is the primary tool for forecasting inventory needs, and also used a guiding tool for when a product listing might need a promotion done or have its listing re-optimized.
The business operates mainly in the UK but has expanded into 4 other Amazon FBA marketplaces:
The current biggest markets outside of the UK are France and Italy.
There is an opportunity to expand these products to other markets on the Amazon FBA platform, as well as to start diversifying in the various sales channels being used to actually sell the product.
Average Monthly Revenue: $32,389
Average Monthly Expenses: $23,006
Average Monthly Net Profit: $9,383
* We are using the last 12 months to determine the averages.
Assets Inlcuded in Sale
Included with the sale of this business are all process documents and the seller central account.
The seller spends about 2-3 hours per week on maintenance tasks like answering customer inquiries and filling out accounting/inventory in a spreadsheet. Growth tasks include finding and launching new products.
Reason for Sale
The seller is looking to sell this business because they would like to focus on another business they started.
Sale Pending: No
First Seen: Mon, May 15th 2017
Last Updated: Tue, May 16th 2017