For Sale:
Amazon FBA Business Specializing in Watchmaker Tools, Parts and Accessories
Asking Price: $645,000
Description
Great Opportunity
Priced aggressively to sell, this listing is for an Amazon USA FBA business steadily growing with sales up almost 50% YoY, net income up over 60% YoY, increased net margins.
What began as a hobby collecting vintage watches, gradually grew into one of the top online sellers specializing in watchmaker tools, watch parts, polishing products and accessories. The company partners with some of the top brands in the watch industry having become their official distributors for watchmaker tools and watch parts including vintage and rare watch parts.
This business offers high quality products with exceptional customer service to clients all over the world selling through Amazon FBA, its own website and other channels. Products are shipped directly from suppliers to a management facility where the product is re-labelled and shipped to Amazon for FBA.
With growing Amazon FBA sales, this company makes an ideal Amazon acquisition. In prior years, the company sold about 50% through Amazon FBA. Currently about 76% of sales are generated through the Amazon FBA channel. Increased Amazon Sales has increased its profitability but there is still plenty of opportunity for growth including utilizing Amazon's PPC which the company hasn’t done and increasing items stocked at FBA for ease and productivity.
The company also offers a marketplace where watch dealers can access watch offers, parts and accessories for an annual membership fee which provides a source of recurring revenues.
The business has experienced YoY growth. It has continued to grow in 2023 with revenues up 47% and profits up 74% in Jan-July 2023 over the same period in 2022. The brand’s YouTube channel has been approved for monetization with hundreds of existing videos, it can grow ad revenue and bring recurring revenues. This brand is recognizable, well established and poised for further growth making this an excellent opportunity for a new owner!
Key Benefits
- YoY Growth
- Carries Hard to Find and High Margin Products – Watch Parts
- Distributor to Top Name Brands
- Excellent Supplier Relationships
- Trademarked Brand
- High Seller and Product Ratings
- Growing Market
- Recurring Revenue Stream
- Sizable Traffic and Social Media Following
- Plenty of Room for Future Growth
Financial Overview
| Gross Revenue | $1,260,295 |
|---|---|
| Cash Flow | $238,457 |
| Archive Date | 09-15-2023 |
| Status | Archived |
| Year Established | 2019 |
| Employees | 0 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Specialty Merchandise |
| Location | USA, Wyoming (Sheridan) |
| Home Based Business | No |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building on its established foundation and current growth trends, this company is positioned for a new owner to take the business to its next level. With Amazon’s own current growth trends and expected growth forecasts, this channel will also continue to provide opportunity for this company to scale.
Some strategies for future growth include:
- Add all existing products on Walmart and newly to eBay
- Add new products to Amazon and all other sales channels
- Amazon's PPC (not yet utilized) offers huge opportunity for additional income
- Improve inventory management and handling out of stock items
Competition
Most major watchmaker suppliers do not want to add new companies which offers a high barrier to entry for this industry. This business has excellent relationships with top suppliers with the immediate opportunity to expand even further thus giving it a competitive edge in the industry.