HIGHLY PROFITABLE (~$400k 2022 Net Profit) TURNKEY Operation, this product makes switching mounts easy for smartphones, GoPros, and other cameras via the strongest N52 rare-earth magnetic permitted (10x stronger vs. ceramic magnets). Product is manufactured in China and fulfilled via Amazon and small warehouse space in Virginia. A full suite of accessory products just launched, with established manufacturing and a fulfillment manager to oversee distribution. Buyer would only need to focus on marketing. Recent ad expansion into Europe and Australia is expected to bring strong revenue. Additional markets are untapped and primed for growth. This is a phenomenal opportunity to put serious money in your pocket due to high sales and low costs! For addition information, please contact Jonathan Ring at 202-681-6777 or [email protected]
- Asking Price:
- $1,400,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,049,152
- Cash Flow:
- $386,620
Property Information
- Premises Details:
-
This is a home-based / E-commerce business. Seller is active with 5PT employees and 1 independent contractor. Hours of operation are 24/7 (internet-based). $350,000 in inventory and $2,000 in FF&E included in the asking price. Other Assets include Patent; Mold/Tooling; Industrial Racks.
Business Operation
- Reasons for selling:
-
Warehouse space needed for expansion of separate business unit
- Trading hours:
-
24/7 (internet-based)
- Employees:
- 5PT
- Years established:
- 3
Other Information
- Support & training:
-
4 weeks
- Furniture / Fixtures value:
- $2,000 - included in the asking price
- Inventory / Stock value:
- $350,000 - included in the asking price
