Launched in 2015, this eCommerce business has grown from zero to $4 million dollars in revenue in less than 5 years.
The business is owned and operated by one entrepreneur who also owns 17 rental properties. He has a couple of contract workers to help with day to day operations. The owner works about 15 hours a week running the business. When he is pushing for growth he adds another 20 hours of work per week.
The private label brand sells in the Amazon office category and has 45 SKUs. The primary strategy has been to continually launch products that are within the office category but given the time commitments the owner has to his other business he has not been able to maximize the revenues of the current brands. Some of the most important untapped areas would include Facebook advertising, Instagram advertising, influencer marketing, Shopify, other 3rd party marketplaces and even expanding into lines outside of the office category.
This established brand is Trademarked and has thousands of monthly searches for the brand name. The top selling product has nearly 2000 reviews. Because of the near term concern over tariffs we have priced the business at a 2x multiple instead of 3x. We have also secured SBA pre-qualified for the listing with only 10% down for qualified buyers. The business does carry $250,000 worth of inventory and nearly double that for the holiday season. If you are looking for a very established business with a stable history of growth and earnings this one might be a good fit.
Sale Pending: No
First Seen: Tue, Jul 3rd 2018
Last Updated: Thu, Feb 14th 2019