This business sells 1 SKU with 2 variations on Amazon in the pet industry. It started selling in the 4th quarter of 2022. The products are sourced from China, and are made with serious high quality (I can explain in detail to highly interested parties). Upon test and launch, it initially did very well as we were first to market (see sales report YTD). I immediately tried to scale with subsequent larger orders, which immediately ran out of stock. I recently received a few months ago a 20′ container worth of inventory, but China caught on and within 6 months flooded the market with dozens of flimsy cheaper versions.
At this point, I am looking to sell the corporation, the inventory remaining (around 25k or so), and the listing of 115 reviews and 4.4 stars.
Asking Price: $33,000Â
What is included:
- 25k in inventory roughly (+- 5k; can get more accurate number later)Â
- 3PL already set up with business; can fulfill to Amazon warehouse in cartons or pallets
- 115 reviews on listing with average 4.4 stars (66% 5 star rating)
- Amazon’s Choice for relevant keyword
- 1 SKU; 2 variations
- 7-9k worth of marketing/media including high quality images and videos
- Warm introduction to supplier who is very accommodating
- Support for 3 months post-sale (1-2 hours a week, no more should be needed, especially after first month after closing)
Want More Information On This Listing? Fill Out The Form Below:
The Money Nomad Marketplace will not be handling the transfer of this business, prospective buyers will be connected directly to the selling party. Money Nomad Marketplace can hold the funds if desired.
Other info:
- Profit margins are currently priced to be at minimum at the moment to be more price competitive
- Price of product ranges from $20-35
- Not interested in partial purchase, partial ownership, or vesting options. Looking to sell as a lump sum for $33k, including inventory.Â
- I have the Amazon Choice for the keyword for the product I am selling, but there are some competitors that undercut the product price by half, with terrible product quality and 50% five stars or less.
- Around 2-3 others have close to 100 reviews (closer to 50-60% 5 star rating), but none with 4.5 stars. This product is the market leader, but the undercut/cheap products are currently crowding the market.
A business savvy person may be able to turn this around, and there is definitely potential for the long game. This product can definitely do well with a few tweaks, such as releasing another variation with a more affordable build, or revamping marketing.
Reasons for sale:
1. I just moved from the US to another country (in Europe) and juggling this business has proved to be a challenge
2. I have a second Amazon business (separate S Corp in the party industry so not related) that I need to dedicate more of my energy to
3. Cash flow (business and personal)
Want More Information On This Listing? Fill Out The Form Below:
The Money Nomad Marketplace will not be handling the transfer of this business, prospective buyers will be connected directly to the selling party. Money Nomad Marketplace can hold the funds if desired.
