Back to Listings Private Label Kitchen & Barbecue Accessories Online Retailer - Huge Growth!

Asking Price : $525,000

Annual Gross Revenue : $602,905

Annual Net Profit : $183,633

Profit Multiple : x2.86

Inventory Value: -

R-Index : 130

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From the Broker

This listing a private label brand of cooking gloves, preparation kitchen claws and related cooking accessories. This eCommerce retailer also offers a one-of-a-kind comprehensive implement package for barbequing, complete with cooking gloves, meat shredder, baster, and a recipe collection. Currently enjoying 247% YOY growth with expected continued growth throughout 2018 and beyond, this is an excellent business to acquire as a platform to continue to develop out the product offerings.

With 30% net margins and minimal OPEX, this turnkey Amazon FBA retailer is an absolute gem, making for a nearly passive revenue stream in the right hands.

Sales volume is driven almost exclusively by Amazon with ASINs often times earning Amazon’s Choice & Best Seller badges. 100% of all fulfillment (picking, packing, storage, shipping and associated customer service) is handled by Amazon – as such, ownership currently invests a maximum of 5 hours weekly to oversee this profitable business. This business has become almost completely hands off for ownership while continuing to scale, making for a genuinely smooth and natural transition to any buyer, regardless of skill level.

Currently experiecing a sweet-spot average ticket ringing up at $17 per purchase across the board, this company is actually beginning to see COGS and OPEX slowly decline over time, painting a picture of both stability and economies of scale.

Selling solely on Amazon and yet to tap into additional sales channels, this high performance seller is in a perfect position to make the jump into international markets with the power of Amazon, as well as the even greater leap into the world of wholesaling and brick & mortar – the rapid preparation niche within the consistently trending home cooking retail space is trending very nicely, and caters to a highly reliable and robust demographic with healthy sales all year-round; boasting an undeniably bright future and hugely attractive underpinnings, there’s not an entrepreneur in the retail space who wouldn’t want this business.

This Amazon FBA eCommerce Retailer Represented by:

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Tech & Internet Business Brokers

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Sale Pending: No

First Seen: Sat, May 26th 2018

Last Updated: Wed, Sep 5th 2018


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