This opportunity is an established eCommerce company showcasing a highly profitable and successful brand of Weighted Hula Hoops. This is a rapidly growing Internet Company with a healthy revenue stream that has a long runway of additional success ahead of it, especially on the Amazon platform, where it currently focuses its sales efforts.
This is a unique opportunity to take an established eCommerce company that has built all the necessary supplier relationships, and scale it into a broader business operating in multiple sales channels around the world.
The company's products are currently only offered for sale on its Amazon storefront. This seasoned Amazon storefront has a 4.5-star rating and over 10,000 lifetime reviews.
Shipping entirely by Amazon (Fulfilled By Amazon) and requiring no physical warehouse space, this business is 100% relocatable and operable from any location with internet access, making it a seamless transition for any buyer or investor.
The business assets will include the highly successful flagship fat burning fitness equipment as well as it's oversized outdoor games. The company is being valued only on the sales of hula hoop, producing TTM Earnings of $199,000 on TTM Sales of $537,000. The storefront will also include dozens of other successful, highly rated, branded SKUs that are in the process of being phased out - for no reason other than the Sellers have not continued the effort to restock and market these items. In 2017, these other SKUs generated over $800,000 in sales alone. Therefore, by simply restocking some of these additional SKUs, sales could be on the path to quickly double!
This is a rare opportunity to pick up solid Amazon company at a major discount.
This eCommerce Company Represented by:
Technology & Internet Business Brokers
Sale Pending: Yes
First Seen: Wed, Oct 24th 2018
Last Updated: Sun, Feb 17th 2019