Giftable Tech Products Ecommerce Business: Multiple Brand Offerings
This multi-branded eCommerce company focuses on adding technology to each of its products, sourcing and selling tech and household items such as cell phone cord management systems, smart phone glass protectors, magnetic screen doors, and more. It sells its products primarily on Amazon with a strong presence in search engine results. They currently use Amazon’s FBA program for shipping and storing. The company has low overhead and clean books and records. It has the potential to scale rapidly and can easily expand into different sales channels.
OPERATIONS
The company is focused on listing high quality products to sell on Amazon. They have a laser approach to their SKU assortment, focusing on fewer products with higher rankings and margins to maximize profits. Since all of their products are proprietary and branded, they have the potential to expand to different sales channels, including developing their website, Walmart.com, Jet.com, eBay.com, and more. They also have the ability to expand internationally by leveraging Amazon’s FBA warehouse systems.
The company uses Amazon’s FBA program to ship and store products, eliminating the need for an expensive warehouse. This highly relocatable company can be operated from anywhere there is an internet connection.
MARKETING AND KEY METRICS
The company focuses its sales efforts on the Amazon.com platform and has a strong presence in search engine results pages on Amazon. Since all of the products sold by the company are proprietary, they can easily expand to different sales channels, including through their website, Walmart.com, Jet.com, eBay.com, and more.
By leveraging Amazon’s FBA warehouse systems and expanding to different sales channels, this company has the potential to grow significantly.
The company has clean books and records. The asking price is $3,950,000, with a cash flow of $921,371, and a gross income of $2,595,349. The company was established in 2013 and has two employees.
The company’s customer base is primarily on Amazon.com.
BUSINESS MODEL & RESOURCES NEEDED
The company has two employees.
THE INDUSTRY
The company is part of the technology and household products eCommerce industry. This industry involves selling household items and gadgets online. Similar companies to this business include Brookstone and Sharper Image.
OPPORTUNITIES TO SCALE
The company has the potential to continued scale with its current product development alone for the next decade. This business can easily expand its sales channels through different eCommerce websites and has the ability to expand internationally through Amazon’s FBA system. The company’s unique products offer significant growth opportunities for the future.
Asking Price: $3,950,000
Gross Income: $2,595,349
Cash Flow: $921,371
Year Established: 2013
Employees: 2
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