Art, Hobbies
Art, Hobbies
Business Started
1st of January, 2016
(8 years 3 months old)
Assets Included in the Sale
Launched in January 2016, this Amazon FBA business specializes in selling a specific type of product in the arts and crafts niche. The specific niche has low competition yet a consistently demanding market with room to grow. The business has experienced a significant 43% year-over-year revenue growth, highlighting its strong market presence and customer demand. The evergreen nature of the products ensures steady sales throughout the year. Sales are spread across 47 active SKUs with the top 5 SKUs accounting for 40% of total revenue. The top 5 SKUs have an average star rating of 4.5 and many feature the Amazon's Choice badge. The operation boasts a low TACoS at 6% and maintains healthy net profit margins of 15%.
Currently, the business sources its inventory from a local supplier in the USA, with operations involving a rented warehouse where three part-time employees handle the packaging before sending the products to Amazon. This setup has served the business well, but the seller is exploring opportunities to optimize costs and streamline operations by engaging with overseas suppliers. The potential shift to overseas suppliers could offer products at lower prices and eliminate the need for renting warehouse space and hiring packaging staff, as these suppliers could directly package and send inventory to Amazon. This strategic move could significantly enhance the business's efficiency and profitability by simplifying the supply chain and inventory management processes. The sale includes 3 trademark registered brands.
*Inventory is not normally included in the list price, further details can be provided to Unlockers.
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The Seller is willing to offer 60 days of email support and/or calls to ensure a smooth transition for the Buyer.
The Seller would like to explore other opportunities.
Work Required Per Week: 33 Hours
Private Blog Network (PBN): No
Domain Type: None
Platform: Amazon FBA
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