Back to Listings Knitting & Yarn Niche eCommerce Retailer in the Crafts Category - Primarily Amazon FBA

Asking Price : $185,000

Annual Gross Revenue : $178,815

Annual Net Profit : $46,675

Profit Multiple : x3.96

Inventory Value: -

R-Index : 101

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From the Broker

The target is an eCommerce company that operates in the high growth knitting craft niche. This Internet Retailer offers a branded line of knitting storage bags and yarn bowls that can be purchased in multiple customized colors, all handmade and offered on the Amazon platform. Due to the unique nature of the branded lineup, this is a retailer with very little direct competition, making it a great play in the space to craft and DIY lovers.

This well-situated business currently sees highly desirable average tickets values of $29.00, and it enjoys steady stream of repeat buyer traffic thanks to an organically-ranked online presence in a highly social and engaged vertical.

This turnkey opportunity offers a low workload, low overhead model thanks to an Amazon Seller Central storefront and fully utilized Fulfilled by Amazon (FBA) model. In this model, Amazon handles all warehousing and shipping as well as most customer service inquiries. Due to this setup, this company can be operated by anyone in the world and requires very little human capital, allowing for maximum margins and attractive pricing on the entire collection.

Currently dialed in strictly to the U.S. domestic market, this company’s well-ranked and organically showcased Amazon storefront provides a prime opportunity for not only international scale but also marketplace diversification into new sales channels such as Wal-Mart, eBay, Etsy, Pinterest and more. They have yet to tap into email marketing, but this online retailer comes complete with a strong database of 7,000, giving the buyer a leg up on market share expansion at minimal expense and great ROI no matter how you slice it.

Having achieved such substantial success and growth using the power of Amazon and thanks to ownership’s excellent brand presentation, this business is ripe & ready to be taken to the next level in the hands of new ownership by expanding into crossover categories such as quilting, sewing, and embroidery and launching a successful social media & SEO campaign – whether this is a standalone revenue generator for the fast-paced entrepreneur, or the perfect addition to your craft/hobby platform, this Internet Company is an incredible value as priced in a trending segment.

This Online Retailer Represented by:

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Sale Pending: No

First Seen: Tue, Feb 6th 2018

Last Updated: Tue, Feb 6th 2018


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