This turn-key Amazon store the owner has built up since early 2021. They've placed SOPs in place and trained the staff to run the entire business by itself, without the need for owners to get involved in the day-to-day. This business was designed to be low-maintenance, requiring minimal time investment and is TRULY PASSIVE.
Key Highlights:
Product Portfolio: The store currently offers evergreen kitchen products, including high-demand items such as toasters, coffee makers, knives and more. The catalog was designed in a way that there will be no seasonality in sales and therefore sales are predictable and stable.
Minimal Time Commitment: The current owner spends only about a hour/month managing inventory reorders and reviewing overall performance. Inventory orders are placed every couple of months, ensuring the business runs smoothly with minimal oversight.
Growth Potential: Currently the owner can expand his catalog, but is limited by his working capital since he is withdrawing profits from the business. The catalog can be expanded to 125 products that already have pre-negotiated rates with the suppliers. If you have enough working capital, you will be able to recoup your investment within 12months by expanding the catalog.
Streamlined Operations: The supplier handles all aspects of shipping directly to Amazon's warehouse, product preparation, and other logistics, making this business exceptionally easy to manage.
No Overhead Costs: No need for a warehouse or many employees, as the supplier manages 99% of the operations and the 2 employees can handle the rest.
Experience Needed: This store does not require you to know anything about e-commerce as the SOPs and training will be provided to you by the owner. A high level overview of the business will also be provided and the owner is willing to stay on for 3 months to answer and questions and to ensure a smooth transition.
Why Sell?
The owner wants to liquidate his store as this was a side passion of his and his son is heading off to college soon.