This eCommerce Retailer offers a fully branded, proprietary line of Premium Kitchen Knives that have been carefully designed in-house. The beautifully-designed products are 100% proprietary and are crafted from only the finest materials.
The company designs and creates all its own products, making it highly unique in the marketplace. The company has developed and launched 5 distinct series of knives (45 designs in all) with a total of 89 SKUs (45 USA, 44 UK) with a variety of additional knives and other related items in development.
The company stores and ships all products through the Fulfilled by Amazon (FBA) program, causing no warehousing needs and making this company easy for transition as well as a 100% relocatable opportunity.
MARKETING AND KEY METRICS
The company currently sells primarily through Amazon.com US and UK but has ample room for growth both on and off Amazon. Additional growth opportunities include promotion of the company’s website storefront and the introduction of new products targeting both current and lateral categories.
The business sells solely on Amazon US and UK marketplaces, leaving other markets untapped, including Amazon Canada, Germany, France, Italy, Spain, Mexico and Japan, dotcom, retail, etc.
In business for almost three years, the company has already achieved TTM sales in excess of $3 million, with TTM earnings of over $950,000. The company stores and ships all products through the Fulfilled by Amazon (FBA) program.
Customers are those looking for premium quality kitchen knives.
BUSINESS MODEL & RESOURCES NEEDED
The company employs only one person.
The company has created an exciting and profitable niche in the Chef Knife space. Because the company also owns all associated knife tooling, these products are only manufactured for the company.
OPPORTUNITIES TO SCALE
Immediate scale opportunities include the expansion into the untapped markets via Amazon’s other markets, promotion of the company’s website storefront, introduction of new products, etc.
Asking Price: $3,999,000
Gross Income: $3,107,520
Cash Flow: $954,982
Year Established: 2015