The target is a high growth eCommerce consumer products retailer that offers a fully branded, trademarked line of high-end, single use Party and Dining Consumer Products. Catering to residential and commercial customers, the Company's high volume, low cost model generates thousands of repeat customers while keeping competition at bay. Current product offerings include place settings, cutlery/silverware, champagne flutes and shot glasses. All products come in multiple combinations and sizes.
Founded in 2016, this brand has grown consistently with TTM Financials showing sales over $1.8 Million and Earnings over $225,000. With the always-profitable holiday season around the corner, this Internet Company is expected to top $2.7 million in 2018 Sales with Earnings of $335,000. The Company stores and ships all products through the Fulfilled by Amazon (FBA) program, with approximately half of its inventory stored with Amazon and half stored with a Third Party Logistics (3PL) facility. Therefore, the new owner will have no warehousing needs, making this low overhead company easy to transition and 100% relocatable.
The company has a number of immediate scale opportunities, including adding to its existing line of SKUs and expanding to other Amazon marketplaces. Additional opportunities include the expansion of its website storefront, using the value of the brand to grow an affiliate base and the expansion of products into lateral categories. This business has three performance factors that make it stand out from the eCommerce crowd:
1.Business Model. This trademarked business has well branded products with a high volume, low cost business strategy that makes it extremely difficult for competitors to challenge.
2.Ranking. All of the products are highly ranked with 4.5 Stars or better with hundreds of individual reviews.
3.Need. The primary products sold by the company are evergreen in nature, generating repeat business and appeal to an ever-replenishing customer base of people that need the products.
This Consumer Products Company Represented by:
Technology & Internet Business Brokers
Sale Pending: Yes
First Seen: Sat, Sep 15th 2018
Last Updated: Sun, Feb 17th 2019