Car Cleaning & Detailing Brand with Prime Seller Tag and High Net Margins: Massive YOY Growth
This eCommerce business has developed a unique Car Cleaning Product Line that obtained a #1 Best Seller tag on Amazon within its subcategory, and has become a well-recognized brand synonymous with car cleaning. This brand enjoys strong net margins and an enormous growth potential.
OPERATIONS
Operating primarily on Amazon, this company has attracted a 2,200% YOY growth rate. They offer 5 SKUs, and their top selling product – car cleaning gel – represents 97% of sales. Their main product is now a trademarked brand. The supplier conducts quality assurance reviews and then ships directly to Amazon warehouses where their products are Prime eligible, and PPC ads on Amazon have helped introduce the product to a wider audience.
Shipping is handled via Fulfillment By Amazon with quality assurance reviews being conducted by the supplier. This method has helped the company achieve a strong reputation for superior customer service.
MARKETING AND KEY METRICS
Their products have received over 23,000+ 5 Star reviews on Amazon and are promoted via PPC ads. There is an enormous opportunity to expand onto additional sales platforms such as Walmart and eBay and launch the company’s first Shopify website. Major scale opportunities also exist in introducing new SKUs in the auto parts category and expanding sales outside the US.
The company enjoys enormous growth opportunities through the introduction of new SKUs in the auto parts category, expanding sales outside the US, and launching on additional sales platforms.
With more than $5 million in gross revenue, this company has enjoyed strong net margins and has attracted a 2,200% YOY growth rate.
With more than 1.4 million units sold, the company’s top customer demographic is car owners, a massive audience.
BUSINESS MODEL & RESOURCES NEEDED
The current owner does not have employees, with Amazon handling most tasks.
THE INDUSTRY
This company operates in two highly profitable industries – auto parts eCommerce and car cleaning projects market. Both industries have major opportunities for growth, with auto parts eCommerce being projected to reach $22 billion by 2023, and the global car care products market size projected to continue rising by 4.3% through 2028.
OPPORTUNITIES TO SCALE
Scaling opportunities exist in expanding sales outside the US, launching the company’s first Shopify website, and introducing new SKUs in the auto parts category.
Asking Price: $5,000,000
Gross Income: $5,011,487
Cash Flow: $1,513,748
Year Established: 2019
Employees: 0
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