Asking Price:$280,000 plus inventory

Financial overview
  • Revenue

    $483,364

  • Income

    $122,906

  • Multiple

    2.28x

Business description

Last Updated on

For sale is a unique FBA business in the Sports & Outdoor niche.

Three years ago the owner found a gap in the market for providing special-purpose outdoor wear to the surfing community and created a unique and immediately successful suite of neoprene-based products.

Since then the brand has ventured further into special-purpose wear for the diving, fishing and hunting markets where they have gained popular adoption and great customer feedback.

The business now offers around 100 ASINs across 5 product lines with an average 4.6 star rating.

In early 2019 the owner spotted an opportunity to branch out with a new brand into the wider retail market. Consequently he has let this brand sell-through so growth has flattened off with sales up slightly at +4% in 2019 vs 2018. The multiple reflects this situation.

There is a huge opportunity for a new owner to come in with additional working capital to restock and see immediate growth in sales.

The business is relatively hands off with the owner spending 5-10 hours a week managing Amazon. PPC is managed through a dedicated agency which the new owner can decide whether to retain.

The reason for the sale is that the seller is raising funds for a new venture in the retail space.

This listing is managed by David Newell.

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[523.251,659.255,783.991]
[523.251,659.255,783.991]