Launched in 2015, this thriving bath accessory business presents a rare opportunity on the market. The company sells 15 products in the bathing accessories niche, and two of its products have the coveted Amazon’s Choice designation. Its product offerings have drawn rave reviews and helped the business maintain its steady year-over-year growth.
While every seller has his or her reasons for selling, the current owner would like to use the sales proceeds as seed money for another venture. The sale includes the business domain, a 2+ year old Amazon Seller account, a trademarked brand, all social media accounts, supplier relationships, current inventory, and a mailing list of over 48,000.
The business itself is simple to operate and the owner spends 14 hours per week managing operations. 2017 revenue was up 12% over 2016 revenue and the business is showing no signs of slowing down. If you are looking to take over an established dropship e-commerce business with hands-off operations and significant growth opportunities, this business could be the perfect fit.
The business derives 100% of its revenue from product sales on Amazon, and the customer base is primarily located in the United States. It sells its 15 SKUs on both Amazon US and Amazon UK. Over the trailing twelve months, the gross revenue was approximately $617,000.00 and the net profit was $158,000.00.
The business uses a dropship model and the products are shipped directly from the manufacturers to Amazon. The same suppliers have been used since the business launched, and the owner has identified back up suppliers as well. All relationships will transition to the new owner.
The owner spends 14 hours a week operating the business. This time is primarily spent overseeing operations and identifying new product offerings. The business has two contractors that handle customer service, social media, and other administrative tasks. The contractors are happy to continue working under new ownership.
There are several potentially lucrative growth strategies a new owner could pursue. Given the strength of the brand, a new owner could leverage the success and expand the current product range. The bathing accessories niche is vast, so there a number of promising options.
A new owner could also create a web store to sell and promote the product range. Currently, the products can only be purchased via Amazon. Enhancing the current website and migrating to a platform like Shopify would allow for content marketing and help diversify the revenue sources.
Similarly, the new owner could expand to other ecommerce platforms. By selling the current products on platforms like eBay, Walmart, or Zulily the business could increase its sales and revenue significantly.
Sale Pending: No
First Seen: Thu, Feb 8th 2018
Last Updated: Sat, Aug 11th 2018