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11 Year Old Home & Kitchen FBA Brand | Truly Unique Products | Owners Ready for Retirement

Date Posted: May 30, 2023
Last Updated: 09-29-2023
Financial Information
Price: $755,000
Annual Revenue: $782,792
Annual Net Profit: $229,241
Revenue Multiple: 0.96x
Profit Multiple: 3.29x
Currency: US Dollars
Post Details
Status: Available
Industry: Home & Garden
Amazon   eCommerce  
Listing Owner: Quiet Light Brokerage
Location: United States
Description

First coming online in 2012, this Amazon FBA Home and Kitchen Accessory business is the creation of a lovely husband-and-wife team. The husband is a true designer and his popular creations take everyday products and add humor, beauty, and design sensibility. In a sea of generic ecommerce products, this business's products stand out from the crowd.

There is a great opportunity to take the business to far greater heights. The owners are not traditional ecommerce operators, and there are new products ready to be launched and new sales channels that can be explored.

Customers love the products as evidenced by the staying power of the brand and the great reviews (averaging 4.5 stars on Amazon). The products are extremely giftable and at a nice price point. There is a logical move to market the products on social media (Facebook, TikTok, Instagram, etc.) given the novel designs, visual appeal, and giftable nature of the products. Social media is not the current owners' forte, and they haven't explored this in earnest despite the clear opportunity.

Why are the owners looking to sell? They have worked hard for many years and are closing in on retirement age. The husband is a designer at heart and not an ecommerce operator. He wants to focus more time on his passion for design. Also, in the past few months, each owner has sadly lost a parent. They both feel it is the right time to pass the torch to a new owner who can care for the brand in the coming years.

This is a special business and has the potential to reach great heights with fresh ownership. Note this business is not SBA eligible.

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