Launched in May of 2015, this primarily Amazon based business had 110% year-over-year growth in the last twelve months, even with the owner/operator of the business being unable to perform at his peak levels due to illness.
The business sells a variety of branded home improvement, accessories and replacement parts, along with a second brand in the hunting, tactical and camping space.
Even with a plan to exit the business, 37 new SKUS were added from Nov of 2017 through July of 2018. Twelve more were added in August of 2018, and 27 more are in production.
The owner works less than 10 hours a week operating the business, and has a total of three part-time contractors. The business is being sold to allow the owner to recover from illness and focus on his health.
This business has been approved for an SBA Loan - with a required 25% injection from a highly qualified buyer. At list price, plus inventory and SBA fees, the cash required from the buyer is approximately $265,000.
Sale Pending: No
First Seen: Sat, Sep 15th 2018
Last Updated: Thu, Feb 7th 2019