Launched in 2015, this 100% Amazon FBA business sells a single ASIN. The product is a private label beach umbrella anchor that has both a trademark and Amazon brand registry.
The seller chose the product because he was looking for something that was lightweight, durable, high profit margin, and low cost. His focus on these attributes paid off in a big way. It is rare to find an Amazon business that has over 50% net margins.
The product has incredible gross margins of 92%. When the brand was started he expected to launch an entire line of beach products but as other business interests took off he never had the time to expand the brand in the way he had originally intended.
The seller works very few hours on the business. He said he averages about 5 hours per week. He has another business in the organic food space and another business (not on Amazon).
Sale Pending: No
First Seen: Fri, Feb 21st 2020
Last Updated: Sat, May 2nd 2020