Profitable Bamboo Socks Online Store on Amazon for Sale – Prime Expansion Opportunity
Undisclosed
- Status
FOR SALE
- Date Submitted:
18/11/21
- Advert ID
286257
- Reference
EB-0022 / Rightbiz
- Call Agent:
- Asking Price: £86,494
- Turnover: £156,786 (£3,015 Per week)
- Net Profit: £24,713 (16% Profit margin)
Key Features
- Unique Business
- Attractive Business
- Company for Sale
- Home Based
- Established Business
Business Details
Amazon Seller Online Bamboo Socks Store for Sale|Prime Expansion Opportunity|
his business was created in January 2017 in the sustainable clothing niche selling premium bamboo socks manufactured in Europe.
Included in the sale is the Amazon Seller Central account, D2C website, trademarks in UK, EU and International (China/Turkey), and Amazon Brand Registry 2.0.
The business has experienced steady sales growth and is projected to continue growing. With the additional opportunities available (expansion to new markets, establishment of social media accounts, additional products and additional channels), this growth could accelerate further. All products have very strong review ratings on Amazon, with listings displaying 4.5 filled stars from over 1000 reviews.
Inventory is produced in the EU and shipped to Amazon FBA warehouses in the UK.
All e-commerce sales are in the UK on Amazon.co.uk and through a D2C website. This represents a fantastic opportunity for expansion to Europe, the USA and beyond. With the brand previously sold on the Amazon Pan EU programme, the listings exist (with excellent reviews) on the other European marketplaces. This represents a great opportunity for a new owner to restart these listings.
The socks are currently sold in block colour 3-packs in two size ranges and there is a limited range of patterned socks. Expansion opportunities exist to introduce additional patterned socks (with new designs already created) and sell in single packs (photography prepared and product in stock, but not yet utilised).
Immediate growth opportunities include adding new complementary products; expanding to additional markets and channels; and increasing reach across Europe.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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