Recently Sold!

Specialty Food and Home Products Ecommerce Business

Asking Price: $140,000
Description

This company offers unique, healthy, socially responsible, natural products imported to the US from a specific country. The region’s ideal growing climate, coupled with its stance on non-GMO cropping, high food safety standards and innovative chefs, this country produces some of the highest quality food in the world. This online business brings these specialty items to USA kitchens.

The company target audience is US travelers in the 35-65 age range who have visited this country. These are the “happy tourist” segment who have a high discretionary income, are educated, and have very fond memories and positive views about the country’s people, nature and food.

About 50% of sales are generated through Amazon with 22% through the website and the remainder through other channels. In addition to product sales, the company offers third party fulfillment services through its warehouse which the company expects to be a growing segment this year.

Products are imported into the US to the company’s leased warehouse for distribution to Amazon and for in-house fulfillment. Current inventory value is about $50k. In addition to the owner who works part-time, there are two part-time employees handling day-to-day operations.

Key Benefits

  • Simple business model
  • Unique product range that would be difficult to copy without connections
  • Established website with solid traffic, loyal customers and exceptional reviews
  • Established Amazon account
  • Established logistics channel

    Financial Overview
    Gross Revenue $495,792
    Cash Flow $39,900
    Year Established 2014
    Employees 2 PT
    Inventory Not Included in Asking Price
    Other Information
    Category Amazon
    Industry Specialty Foods
    Location USA, Texas (Select County)
    Home Based Business No
    Seller Finanacing Available No
    Income Sources Products/Services
    Growth

    There are exciting growth opportunities available to grow this business’ brand to new heights! Some future growth strategies include: create private label products, increase revenues with big box retailers, utilize more cost effective warehouse space, new marketing efforts, grow the 3PL business.

    Competition

    This business’ competitive advantages include multiple sales channels, high quality and diverse products, focus on the ‘happy tourist’ segment and importing to its warehouse which affords the company the ability to offer excellent shipping rates with fast ship times.

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