For Sale:
Private Label Home Goods Business
Asking Price: $6,300,000
Description
Up for sale is an insanely profitable and clearly upward-trending online business that sells its own private label brand of unique products in the "Home" category of Amazon and on its stand-alone website. Over the past 12-month period (March 2018 - February 2019), the store has averaged $824,374 gross revenue and $134,810 net profit per month!
The business boasts a strong 68.8% gross profit margin (revenue minus Cost of Goods Sold) and a 16.4% net profit margin (revenue minus all expenses) and shows a strong positive growth trend over the past four years since it was founded.
The business' private-label brand has built up a fair amount of brand recognition, and it has a strong reputation for selling high-quality home good products. The majority of the business' ~20 SKUs have a 4.2 - 4.5 star rating on Amazon, which is NOT easy to accomplish in this particular niche. Several of the products are so popular and receive such favorable reviews that they display the coveted Amazon's Choice badge!
The business is quite easy to run, as the two owners currently spend a combined 25-30 hours per week running the store. The owners are selling the business because they're retiring and are ready to "ride off into the sunset."
This is a remarkable opportunity for a new owner to walk into a turnkey operation, enjoy the tremendous growth that has been built up since inception, and capitalize on the established relationships already in place with key vendors and Amazon.com!
Financial Overview
| Gross Revenue | $9,892,490 |
|---|---|
| Cash Flow | $1,586,000 |
| Archive Date | 04-30-2020 |
| Status | Archived |
| Year Established | 2015 |
| Employees | 0 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Home Furnishings and Decor |
| Location | USA, Washington (Thurston) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |