Empire Flippers posts a business website worth $11,00,000. It is an Amazon FBA (Fulfilment By Amazon) and eCommerce business which has been created in January 2016. With a monthly net profit of $282,930, the business is looking forward to a bright success. Here is everything you need to know about this Empire Flippers’ personal care, bed and bath FBA business.
Assets provided by the Amazon FBA business
Empire Flippers! has posted personal care, bed and bath FBA business worth the listing price of $11,883,060. Its monthly revenue is priced at $1,208,482, whereas the net profit is $282,930. The business model with come with a well-established 26 SKUs selling in the U.S. and Mexico. Back in December 2019, the business made a net profit of $10,08,690.
The business also offers an additional +8 SKUs selling in the E.U. The eCommerce business will also offer 3 Domains on content files and a total of 6 established and trusted trademarks in the U.S and the U.K. The business also has several pending trademarks in the E.U. Along with these assets, the company will also have additional assets that are more focused on being consumer-friendly.
These asses include Facebook accounts with 4 branded pages, one of which is particularly engaged in providing the customers with offers and reviews to build trust. It will also provide a ManyChat account, which has contributed the business in keeping the customers satisfied and bringing in new customers. Along with these assets, the company is also equipped with SOPs and flawless employee contracts.
Who should buy this business?
Entrepreneurs who are looking forward to living the lifestyle they desire and are not scared to put in some work. Those are looking forward to buying a stable, long-term earning business, which offers diverse traffic and ways of generating revenue. It can also be purchased by those who are willing to buy several eCommerce businesses to diversify their income and need a hands-off business model, with very little input.
The $11,00,000 business model falls in the category of personal care, bed, and bath. It has established brands all over the U.K and the U.S, and are a part of Amazon’s Brand Registry 2.0. The brand offers products that have garnered over thousands of high ratings with 4-5 star products on an average.
The business model has been focusing primarily on earning through Amazon’s FBA model as the 99% earnings of the business coming from FBA. On the other hand, the business also earns from platforms like Shopify, Woot, and even by wholesaling. The inventory of the business is entirely dependent on FBA for the sale and is stored externally in the U.S. and the U.K.
About the Seller
The seller spends 20 hours per week in the business. The work primarily is focused on forming brand strategies, networking, communicating with suppliers, and overlooking VAs. The VAs look after work like customer service, managing logistics, designs, listings, and reporting. These VA’s are tied to the company, which means they will continue to work for the buyer.
What can the buyer do for profit maximisation?
With several brands, the business is looking forward to steady growth. Each brand has an active Facebook account with thousands of loyal followers. One can focus on advertisements and rope in Amazon’s Marketing Services. Use the FB pages and the ManyChat handle to attract more customers.