Launched in 2017 this primarily Amazon FBA business has grown nearly 80% in the last 12 months. The business dominates the organization and charging space for electronic devices, yet their product is nearly independent of technology.
Three primary SKUs drive the bulk of the revenues, and SKU expansion has already occurred, with three new SKUs launched in the trailing 12 months. Two overseas manufacturers have additional products available and ready for to launch.
This business drives mostly B2C revenues, yet the B2B side is growing organically with businesses like Smile Direct (257 units) and the New England Patriots (100 units) ordering sizable amounts. The owners are selling because they feel they are great at the startup phase, but lack the experience and desire to take this business to the next level, while still enjoying the lifestyle and freedom they currently have to travel and spend time with family.
Sale Pending: Yes
First Seen: Thu, Nov 7th 2019
Last Updated: Thu, Dec 5th 2019