Specialty Food and Home Products Ecommerce Business
Asking Price: $140,000
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.
- 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
Gross Revenue $495,792 Cash Flow $39,900 Year Established 2014 Employees 2 PT Inventory Not Included in Asking Price
Category Ecommerce Industry Specialty Foods Location USA, Texas (Harris) Home Based Business No Seller Finanacing Available No Income Sources Products/Services
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.
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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