Recently Sold!
Trademarked Brand Amazon FBA Premium Crafting Supply Ecommerce Business
Asking Price: $125,000
Description
With a market size of ~$16 billion in 2022, the US online hobby and craft supplies industry is expected to continue to grow. As an Amazon FBA business in this multi-billion dollar Industry, this opportunity produces premium crafting supplies for hobbyists and small businesses. Sales are predominantly generated through Amazon (94%) with products shipped direct from suppliers to either 3PL fulfillment centers or Amazon FBA.
In 2020, the company saw significant growth when they overtook the top spot in their product category. During this time, there was also COVID-related growth due to more people purchasing crafting-related products. With the increased growth, the company expanded into several new product areas and had begun expanding beyond Amazon to various other platforms.
By focusing on automating processes for easier management, this opportunity has been operated as a lifestyle business which can be maintained in only a few hours per week. This business has great product branding and an excellent foundation providing a great opportunity to acquire an Amazon FBA business with innovative branded product lines and lots of room for future growth in a popular niche industry!
Key Benefits
- Established Amazon FBA business with brand registry and a product trademark
- Large Number of Reviews and High Ratings
- Additional sales channels recently added, including: Walmart, Etsy, WooCommerce Website
- High quality brand collateral for products, website, and listings
- All products are in the same category - opportunities for branding and cross-selling
- Excellent expansion opportunities
- Strong supplier relationships and an established supply chain
- Cost reductions discussions with key vendor underway for future savings
Financial Overview
| Gross Revenue |
$256,098 |
| Cash Flow |
$78,745 |
| Year Established |
2019 |
| Employees |
0 |
| Inventory |
Not Included in Asking Price |
Other Information
| Category |
Amazon |
| Industry |
Arts and Crafts |
| Location |
Canada, Select State (Select County) |
| Home Based Business |
Yes |
| Seller Finanacing Available |
Yes |
| Income Sources |
Products/Services |
Growth
Spring boarding off its excellent foundation, there are many opportunities to further scale this brand. Some ideas for future growth include:
- Increase Marketing for New, Recently Released Products
- Add New Variations for Hero SKUs
- Further Product Expansion
- International Amazon Expansion
- Expand to Other Online Marketplaces
Competition
Some of the brand’s advantages include differentiating product features, large number of reviews, high ratings and fully automated 2-day delivery for additional sales channels.
Interested? Let's get in touch!