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Established Amazon FBA Charger Business w/ Certifications

7 September 2019
  • Amazon
  • Dropshipping

Annual revenues

$1,360,206

Annual profit

$265,705

Multiplier

x 2.74

Asking price

$729,000

Business description

Last Updated on September 6th, 2019

This Amazon FBA business was built by a former banker turned serial entrepreneur. In 2013 he left his job with the largest bank in the United Kingdom to be a digital nomad.

At first he planned to travel for 18 months but he extended his stay and even started family and finally returned to the UK in 2017.

The seller runs other FBA brands and is also in the process of acquiring another. He would like to free up his capital and time to focus on the new project.

The workload is very low. He spends 5-10 hours per week maintaining the business. It is usually closer to 5 but if he is working on ads or developing new SKU’s it can add some time.

The business is unique. A product this broad can be difficult to protect against competition. There are a few things the owner has done to create a moat around it. He has focused hard on branding and custom packaging. Due to this he has never had any issues with hijackers. Additionally, his products have Apple, Qualcomm, and UL certifications. They are entrenched in the Amazon algorithm because of the moat he has built with branding and these certifications. When the business has run out of inventory they have recovered “best seller” status immediately when stock returned. Finally, the business is built to be transferred. The seller has everything documented in SOPs. There is a VA that handles customer service and administrative tasks.

This listing is managed by Brad Wayland.

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