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Passive Income Amazon Store With Extensive Growth Potential In New York Area For Sale

New York Area, New York, US
Asking Price:
$750,090 Inventory / Stock included
Sales Revenue:
$1,498,558
Cash Flow:
$386,568

Since its inception in 2019, this Amazon store has become a testament for us to the power of passive income and the potential for exponential growth in the e-commerce space. With 29 products currently listed and the capacity to expand to 145 products (with our current suppliers), the only limit to its growth at this point in time is working capital. We have re-invested our working capital back into the business to grow the product line over the past few years & we are at a point where we would like to cash in and purchase another rental property

We set up this store to basically run itself, thanks to established agreements with suppliers for direct Amazon fulfillment. It's designed for those who seek to step into a turnkey operation with a significant upward trajectory.

The store's success is built on a foundation of efficiency and quality, with all products ranking competitively on Amazon. Our decision to sell stems from a desire to transition fully into real estate, leveraging the sale to invest in a commercial property that has captured our attention.

Opportunity Highlights:
1.) Extensive Growth Potential: Pre-negotiated rates for expanding to 145 products with suppliers ensure the massive upside with adequate working capital.

2.) Passive Operation: The store's systems and processes allow for minimal time investment, ideal for those looking to add a lucrative channel to their income streams with ease.

3.) Strategic Sale Reason: Moving towards real estate investments, allowing a new owner to capitalize on the established e-commerce success.

4.) Turnkey with Training: All SOPs for seamless operation and expansion are included, ensuring a smooth transition to new ownership.

Financials and Support:

1.) 2023 Sales: $1,498,567.88 | Profit: $386,567.99

2.) Included in Sale: $165,000 worth of inventory, providing immediate value and operational capacity.

3.) Comprehensive Support: While the store operates smoothly with minimal oversight, we offer full training and insights into our supplier agreements and operational efficiencies for those interested in hands-on management.

This opportunity is a gateway to leveraging the e-commerce boom with a proven, profitable platform. Ideal for those eyeing an investment with substantial growth potential and minimal operational demands.

Property Information

Location:

This store can be run from anywhere in the world. We have one employee who creates all the shipments, monitors the store every single day and co-ordinates everything with the suppliers.

Premises Details:

This is an online store so there is no physical location. Products are sent right into Amazon from our suppliers

Business Operation

Expansion Potential:

You have the ability to add a ton more products to this store. We have not done so because of working capital constraints but we do have pre-negotiated rates with suppliers that will allow you to immediately 2,3 even 4x the product line if you have the working capital to do so

Competition / Market:

To win at Amazon, you need to ensure that you have no middlemen and that you are getting the best price possible for your products. You will get our entire suppliers list with pre-negotiated rates at their best tiers. We have gone "broad" with this store meaning we didn't put all our eggs into one basket or one product. We have a diverse product line to diversify our risk

Reasons for selling:

Wife an I are buying a commercial property

Employees:
1
Years established:
2019

Other Information

Support & training:

All SOPs will be provided and we will walk you through every step of the operation.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Inventory / Stock value:
$165,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.