Launched in 2015, this 96% Amazon FBA business was listed for sale in early 2018. While the monthly profits were healthy, the trends at the time were flat. The owner had a list of growth opportunities to enhance sales and boost profits.
In the last six months he has focused on implementing these opportunities and the result is an increase in revenues of 27% in the trailing twelve months. The most recent two months are up an average of 50% over the same period last year, and October is expected to be another strong month.
The business sells a branded line of accessories geared toward cleansing and washing, with
attachments to sinks, toilets and showers. There are 21 SKUs in total, with a healthy balance of revenues from the top 5 SKUs. Recently launched SKUs in 2018 have taken off and total 5% of the YTD revenues, while only being launched since June. This represents a clear built-in path to growth.
The owner of the business is the sole owner/operator and works less than 25 hours per week. This business has been reviewed and preapproved by an SBA Lender.
Sale Pending: Yes
First Seen: Sat, Dec 16th 2017
Last Updated: Thu, Apr 4th 2019