High-Growth Consumer Tech Products Brand with In-House Design Engineering & IoT-Enabled Manufacturing

This B2B & DTC eCommerce brand specializes in engineering and manufacturing useful and popular household and garden products using IoT technology. With in-house design and engineering capabilities, their products have become a leader in their respective niche and are sold through Amazon, Walmart and Wayfair with the potential for expansion into big box retailers including Lowes, Home Depot and Costco. The company has a 36% YOY growth rate and enjoys net margins of 30%+ with net income consistently in the 7 figures. Proprietary products including a water filtration system, electric garden tools, and portable air-conditioner with mobile app and Alexa controls are just a few examples, and their innovation in creating these products has enabled the company to bring in $6+ million in revenue.

OPERATIONS

The company both designs and sells useful, high-quality household and garden products to consumers and businesses. All products are engineered in-house and fully branded with the company’s registered trademark for use in many different applications. Sales platforms include Amazon, Walmart and Wayfair as well as big box retailers including Lowes, Home Depot and Costco.

With their own in-house manufacturer, the company is equipped to handle current demand for up to $3 million worth of inventory with a current 5,000 square foot warehouse. The company ships weekly to Amazon and can handle 30% more volume with up to $3 million worth of inventory to keep up with demand.

MARKETING AND KEY METRICS

The company sells its products directly to Amazon’s Vendor Central and Walmart, with sales conducted anytime and anywhere via mobile apps and other channels.

The company operates as both a B2B and DTC eCommerce business, selling its products directly to Amazon’s Vendor Central and Walmart, along with other channels.

The company enjoys a 36% YOY growth rate with sales conducted across Amazon, Walmart and Wayfair and recently catching the attention of big box retailers including Lowes, Home Depot and Costco.

Customers include both consumers and businesses, with Amazon, Walmart and Wayfair being strong sales platforms for the company’s products.

BUSINESS MODEL & RESOURCES NEEDED

The company employs a Customer Service representative, a manager of the Amazon and Walmart accounts, and two warehouse managers who coordinate the packing and shipping of inventory.

THE INDUSTRY

This consumer products company is in the home automation industry, focusing mainly on home improvement, lawn and garden care, and ultrasonic cleaners and shower heads.

OPPORTUNITIES TO SCALE

The company is poised to scale quickly by expanding sales internationally through Amazon’s platforms, expanding the product line and partnering with shopping networks and Home Goods Channels to showcase their products.

Asking Price: $8,500,000
Gross Income: $6,487,097
Cash Flow: $1,965,413
Year Established: 2013
Employees: 3

• About
• Latest Posts

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.

Latest posts by Amanda Stanley (see all)

• Two Highly Profitable Sports & Fitness Ecommerce Brands For Sale - July 8, 2023
• Branded Ecommerce Company for Baking Goods - July 8, 2023
• Trendy Baby Fashion Retailer Ready to Launch - July 8, 2023