Asking Price
$1,650,000
Gross Revenue
$2,851,781
Cash Flow
$488,645
Overview
Business
Description
With a global market size valued at $50+ billion in 2022, this well-established Amazon business is an online retailer of luxury designer fragrances for men & women. The business offers the world’s most coveted brands and curates a selection of fragrances in sampler packs that are in high demand. Consumable luxury products equate to higher volume sales which is perfect for building the customer base. This niche is ripe for expanding product offerings given the highly driven beauty industry.
Inventory is stored at a 3PL facility and shipped to Amazon for fulfillment to customers requiring only 4 contractors making it a simplified and turnkey business model for new owners. The owner is currently working about 10 hours per week to oversee the company.
As a 95% Amazon business, with 1,000+ reviews and a 4.7-star rating, this business’s success has been driven by their longstanding position in the marketplace and consistent supply of highly demanded SKUs, allowing the business to enjoy high sales volume since inception. With its established presence on Amazon, it has only touched the surface of growth!
Key Benefits
- Strong, Easy to Remember and Keyword-Rich Domain Name
- High Sales Volume - grown consistently in revenue since inception
- Easy, Low Risk Transition - high inventory turn rate
- Turnkey Business - established presence on Amazon
- Strong Relationship and Tenure with Amazon - one of the top fragrance retailers
- Well Established and Trademarked Brand
- Passive Income/Ownership Opportunity
- Huge Growth Opportunity
Growth Prospects
Building upon its solid performance and established foundation, this business is perfectly positioned to scale. Strategies to continue business growth and profitability are:
- Accelerating current growth and new product offerings within Amazon marketplace
- Expanding to additional Amazon marketplaces internationally
- Driving revenue through direct-to-consumer and existing website/landing pages - untapped potential
- Launching on other marketplaces and platforms such as Walmart, Target, eBay, Etsy, Bonanza, Poshmark, etc.
- Expanding product offerings within the beauty industry - significant opportunity in skincare, haircare, body care, makeup, etc.
- Utilizing the marketing function - paid marketing, email marketing, social media, affiliate marketing, etc.
- Launching a wholesale business
Sale
Reason for Selling
The current owner has decided to sell at this time to raise capital for other ventures
Training/Support
Yes
Premises
Location
Orem, UT
Contact The Seller
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