For Sale:
Amazon FBA Appliance Parts and Door Hardware Business
Asking Price: $750,000
Description
Price Reduced
Motivated seller with health issues.
Valuation
The business is priced based on its strong fundamentals as a well-established trademarked brand on Amazon and its trajectory prior to the Amazon COVID related restrictions which cut into 2020’s growth potential. This is a pivotal time where retail spending is back and the inventory restrictions are gradually lifting….the new owner will benefit from not only the rapid economic recovery, but also pursuing the many opportunities for this business that the current owner’s personal circumstances has precluded him from implementing.
Overview
This is a family owned and operated business selling appliance parts and door hardware online on Amazon in both the US and Canadian markets. With high Amazon Seller and Product ratings as well as having received Amazon's Top Choice Award for some of its most popular items, the company has built a strong Amazon presence.
The company currently imports goods in bulk from its US supplier to its homebased location in Canada where products are labelled and packaged in-house. The items are then shipped to both the US and Canadian Amazon FBA warehouses. The opportunity is readily available with the US supplier to label, package and ship products directly to Amazon US allowing a new owner to streamline operations.
The business has been experiencing YOY growth. The brand’s success on Amazon has continued into 2021 with sales up 15% for Jan-Sept’21 over the same period in 2020. The potential within the repair products industry is tremendous and has multiple avenues of exploration for future growth!
Key Benefits
- Established and trusted online brand in appliance parts and door hardware
- YOY Growth
- Demand is greater than the company currently can facilitate
- Access to a niche market with high demand and relatively low competition
- Supply chain and inventory management can be improved for fruitful returns
- Opportunity with US supplier to label, package and ship products directly to Amazon US allowing a new owner to streamline operations
- Thousands of products the supplier has to offer that can be added to the catalog with ease
- Access to other suppliers in the US and Canada
Financial Overview
| Gross Revenue | $1,075,409 |
|---|---|
| Cash Flow | $197,309 |
| Year Established | 1994 |
| Employees | 1 PT |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Aftermarket Appliance Parts |
| Location | Canada, British Columbia |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
With the established foundation and success of this business to-date, the brand is poised for the next level of growth. Some strategies for future growth include add more products from existing suppliers, work with supplier to ship inventory directly from supplier to Amazon FBA, expand to other Amazon countries, etc.
Competition
The company’s competitive advantages include its strong presence and ability to compete in the Canadian market as well as its strong customer reviews/ratings.