Growing Ecommerce Retailer in Musical Instruments, Sporting Goods, and Personal Wellness – SBA Pre-Qualified

This eCommerce Retailer offers products in Musical Instruments, Sporting Goods and Essential Personal Items. The business has seen significant growth since its inception, primarily generating sales via Amazon.com.

OPERATIONS

The company sources high-demand, high-profit products to ensure market demand. Minimal capital investment is required, and significant market share can be captured with minimal ad-spend.

All products are 100% USA sourced, creating a short lead-time for inventory. The majority of shipping is done through drop shipping; less than 5% is handled through Amazon FBA.

MARKETING AND KEY METRICS

The business invests in Amazon targeted marketing around top-selling products and around major selling days such as Prime Day and Black Friday. SEO efforts to bring buyers to the website have been successful.

Scaling opportunities here are sizeable, mainly leveraging the prestigious and well-established Amazon account for easy approval to sell some of the most well-respected names in the world, including COLUMBIA, ASSICS, PUMA, BROOKS, and YETI. New sales channels can also be explored, including eBay, Walmart, and Etsy, as well as international expansion.

The company holds the Buy Box on a large number of the 6,000 SKUs sold. All suppliers are located in the United States. The company primarily uses drop shipping for fulfillment, requiring little to no warehouse space.

The company’s customer base consists of individuals interested in Musical Instruments, Sporting Goods, and Personal Wellness products.

BUSINESS MODEL & RESOURCES NEEDED

Current owner dedicates 20 hours a week identifying products, placing orders, and general customer support. There is one virtual assistant, which could easily be expanded to two.

THE INDUSTRY

This retailer operates in the Musical Instruments, Sporting Goods, and Personal Wellness markets. These segments are in high demand and have seen significant growth online, making this eCommerce business a major player in the industry.

OPPORTUNITIES TO SCALE

The business has immense opportunities to scale up inventory with in-demand and exclusive products. Sizeable opportunities for growth can be capitalized on through the established Amazon account, as well as through new sales channels.

Asking Price: $931,500
Gross Income: $2,405,124
Cash Flow: $219,163
Year Established: 2018
Employees: 1

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Amanda Stanley

Amanda has been a professional writer since 2010. She writes during the day and reads by night. She has accumulated knowledge by scouring the internet and reading informative books. Concurrently, she developed a passion for educating people through her blogs and web tutorials. She is an earnest believer that knowledge is power.

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