This rapidly-growing Amazon FBA business has quickly established itself as a leading brand in the Kitchen & Bathroom space, growing triple digits in the last 12 months and having a record month in August.
Since launch, its main products have shone in their respective categories, with high organic search positions, Best Seller rankings, and 1,000+ product reviews with an average 4.5-4.8 star rating.
On the operations side, the business is extremely well managed. Product repackaging and tailoring has cut Amazon Pick & Pay fees by nearly 50% on its best-selling products over the last year, helping the business achieve a very strong 26% net profit margin.
The seller has also built a well-protected business on Amazon. The brand name is trademarked in the US and UK and has Amazon Brand Registry 2.0. This gives them special analytics, and importantly, the ability to quickly remove hijackers and counterfeits.
The husband and wife duo value flexibility in their work schedule and run this as a side business dedicating 7-10 hours per week. All of the owner's time is clearly tracked and monitored for the buyer see.
There are many actionable clear paths to future growth including adding new SKUs (a roadmap is provided within), expanding into Canada and Europe (already in motion), and utilizing email and social media advertising to follow up on the 5,000 new customers each month.
The reason for the sale is that the seller would like to focus more time on a new startup and purchase a home for his young family.
Sale Pending: No
First Seen: Thu, Sep 12th 2019
Last Updated: Sat, May 2nd 2020