For Sale:
Sleep Related Products Online Business
Asking Price: $5,000,000
Description
This company is a hugely successful distributor of a high quality sleep related products which are always in demand and serve a very broad market supporting men and woman who suffer from a problem, in particular night shift workers and those who travel, that they would pay anything to fix. This opportunity includes an established website in addition to its Amazon store which boasts #1 Best Seller in its category. Both are set up to operate as hands off as possible with Amazon FBA as the main order processing system and Shopify to facilitate the website. All shipping is taken care of by Amazon FBA. Product is sold on multiple Amazon platforms, including USA, UK and Europe. Expansion is currently taking place in to Canada and Japan. The company has recently entered into a direct wholesale agreement with Amazon who has placed several high volume orders over the last few months with the expectation for significantly larger volume in the future. This is a huge benefit for the ongoing business and makes this more of a B2B wholesale type of business. Operating from a home based office, the owners currently spend about 5 hours/week maximum to answer customer messages and check stock levels to ensure that they meet demand. Created in 2013, sales have been consistently growing with the business on a high growth trajectory with nearly $1.5M in Sales and over $1M in Profits over the last 4 months alone.
Financial Overview
| Gross Revenue | $2,398,044 |
|---|---|
| Cash Flow | $1,459,441 |
| Archive Date | 02-27-2016 |
| Status | Archived |
| Year Established | 2013 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Health, Wellness and Fitness |
| Location | USA, Washington (Thurston) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building upon its well established foundation and current growth trends, there is great potential to continue to expand this internet business. Strategies to continue business growth and profitability would be to expand their offerings with more variations of the product design in terms of color and material, move into other lucrative markets in this niche which could include supplements and get the product brand name into physical stores.
Competition
While there are other businesses in this niche, this company differentiates itself in that it holds the #1 spot for all keywords on Amazon, they have a large amount of reviews in comparison to competitors and they have the ability to supply large quantities to Amazon and are therefore able to keep up with the demand.