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Asking Price : $82,000

Annual Gross Revenue : $259,476

Annual Net Profit : $79,716

Profit Multiple : x1.03

Inventory Value: -

R-Index : 317

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From the Broker

For sale is for an Amazon Fba storefront and accompanying assets, inventory and buyer handover. The Amazon FBA storefront was created in July of 2017. The business currently sells 6 products in the Fishing and Home Improvement niche. The business maintains a positive feedback score of 96% positive for 150 reviews in the past 12 months.

The current owner only works in the business approximately 1 hour per week. The owner checks the sales and inventory from the Amazon app a few times a week, and order products via email when needed.

Sourcing and product development is completed by the owner

Fulfillment completed by Amazon FBA

Ordering and administration are completed by the owner.

Customer service is completed by Amazon.

Customer acquisition is achieved through Organic Amazon marketplace and Amazon PPC. The owner is currently working with a specialist to improve Instagram influencer marketing.

No effort is spent to remarket to past customers.

All customers come from the USA.

This business has achieved success due to astute product selection and deep understanding of its customers purchasing habits. It is an extremely passive business and only requires a time commitment of 1hour per week. Many of the products sell perennially, which ensure's consistent cash flow through the business.

Some products have been neglected from a marketing perspective, which has had a direct effect on sales. There are standard risks associated with a dependency on Amazon sales, a new buyer may want to investigate selling products through a stand-alone storefront and use Amazon to fulfill orders.

The opportunity for potential buyers is to continue to diversify the product line, improve internal and external SEO, Amazon adds and PPC. Increasing sales avenues into other Amazon markets and by creating a stand-alone store outside of the Amazon ecosystem have long been aspirations of the current owner.

The owner is happy to spend as much time needed getting the buyer acquainted with everything needed to take this business over.

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Sale Pending: No

First Seen: Mon, Sep 10th 2018

Last Updated: Fri, Dec 21st 2018

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