Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Yoga/kitchenware Amazon Business $925k/yr Revenue

LISTING DETAILS
Firms For Sale ID:
34261
Vendor reference:
392645
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$625,000  
Turnover / revenue:
$925,509
Net profit / cashflow:
$204,034

OTHER DETAILS
Reason for selling:
Owner is a serial entrepreneur who loves to create and gets bored maintaining things. As an example, he's started 2 new companies in the last year that are growing fast and require his full attention, thus this company is lacking the appropriate attention from himself. The business is good, however, the owner is not fully invested and it would do much better with someone on point leading it. The owner is also planning on using the cash from this sale to invest in other projects as he loves starting new things.
Support and training:
Sellers will provide transition, training and support as needed to ensure a successful transition and they are open to discussing any specific needs the new owner has. Sellers are fully committed to transfer their know-how to the new owner. Owner currently only spends about 2 hours per week on the business. During that time he responds to questions from his team and gives them direction. There is a team with 5 solid staff from the Philippines that run the whole business (Accounting, bookkeeping, webmaster, customer service, marketing assistant). The outsourced team will remain in place for a new owner as desired.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is an Amazon driven business selling yoga products (towels, mats, blocks) and a kitchenware product (nut milk bags). The businesses sell outside of Amazon but 95% of the revenue is Amazon revenue. There are also a few top ranking listings that drive the sales process.

This business is positioned well in the growing yoga and natural health markets. The customers love the value driven eco-friendly products and respond very well to new products. Customers also love the brand and have strong brand and product loyalty.

The owner has plans to expand into the yoga pants market. The yoga pants product is in development and is approximately 50% completed (prints are done). This product represents a huge growth opportunity based on the size of the market.


Highlights & Key Assets:

o Top Amazon listing health with strong review scores and keyword rankings.
o The Amazon model is very hands off, so it is an easy business to manage for operations, sales, and finance.
o Very solid operations and finance side of the business with strong management systems, KPI systems, reporting systems, and outsourced team in the Philippines for all areas of the business.
o Business is running very smoothly and relatively on autopilot (in terms of owner involvement).
o Products and brand that customers love. Upcoming Yoga pants product is expected to be well received.
o Both Amazon (eCommerce) and Yoga are high growth markets currently with no signs of slowing down.

Intellectual Property:

> Trademarks
> 500 page+ internal wiki that has ALL the processes for the company, ie. the blueprint for every system/process in the company.
> Dropbox and Google Drive with all the digital assets
> Asana.com workspace with all strategy

Expansion Potential
1. Leverage amazon social proof to secure international distribution accounts (Japan, etc).
2. Leverage Amazon social proof to open wholesale accounts in USA (target, yoga chains, gyms, etc).
3. Paid advertising marketing to drive more traffic to Amazon pages or website pages. o (SEE PROSPECTUS FOR ADDITIONAL DETAILS)

Market / Competition / Non-Competition Agreements
26,000 Yoga studios in the USA
Yoga market: 87% growth over the last 5 years