Detail information about the listing

FF&E: N A

Inventory: N A

Growth: 

 

Further Details: Location:    Tampa, FL

 

Employees:    2

 

 

Additional Details

  • State:FL
  • Asking Price:$3,995,000
  • Cash Flow:$970,592
  • Established:2019
  • Business Description:$500,000 Average Contract Value - 27% Repeat Order Rate - Over 200 SKUs Managed Website Closers® presents a rare hybrid company specializing in the beauty and personal care industry. They operate as both an agency and eCommerce business, acting as the exclusive Amazon retailer to beauty supply brands that don’t sell on Amazon or that are seeking to improve their presence on Amazon. This high growth company has already acquired exclusive contracts with 9 brands and has 3 more signed, and in the onboarding process. They have a high 27% Repeat Orders Rate, a $500,000 Average Contact Value since inception, and a highly optimized marketing campaign that has generated over $5,000,000 in their third year in business. The structure of the company allows it to be high-margin, while still remaining incredibly lean and efficient. They specialize in identifying the most relevant and trending products to sell, allowing them to better sign on successful brands. All of their current product suppliers are based within the US, making for incredibly smooth partnerships overall. Their contracts with their clients ensure that no other resellers are allowed to supply the same products on Amazon, giving them absolute exclusivity, and excellent security for the business and its profit margins. In exchange for these exclusive rights, the company handles the optimization of search ranking, manages their product pages, sources professional product images, and polishes the listings to make them as profitable as possible. Each contract is annual, and automatically renewed if financial goals are met. Other benefits the company offers its clients include the ability to outsource all of the heavy listing and technical know-how required to sell on Amazon FBA – By doing this, brands are able to focus on increasing their product catalog and enhancing the quality of their offering which benefits both parties tremendously. Much of the success of this business is due to the quasi-partnership structure established with each client. The arrangement with clients is much more of a business partnership as it is a B2B service, which helps build strong rapport for long-lasting, symbiotic business relationships. They have retained an overwhelming majority of their clients since they signed on, bringing the number of SKUs that they sell through their Amazon account to an impressive 200. The global beauty and personal care market itself is incredibly lucrative, having been worth $422.72 billion in 2020, and with projections to grow at a CAGR of 4.82% to hit $558.12 billion by 2026. Makeup and cosmetics, being widely relied on by customers to boost their self-confidence and express themselves, have acquired a share of over 60% in the market, making for a valuable niche for companies to fill. The company itself is perfect for any buyer looking for a hands-off opportunity that consistently generates a high profit. Their team consists of the owner and two full-time employees, the latter of which are an account manager and a skilled product page optimizer. Despite the size of the company, the owner is needed only about 3 hours per week to manage operations, with their daily tasks consisting of handling any issues that come up with the employees and supporting the account manager in closing larger or complex deals. There is a wealth of scale potential that a new owner can quickly take advantage of. For instance, continuing what the company already does and growing the client base will create steady growth. Additional clients means more SKUs in their product line, as well as a broader range in of items for the business to offer to buyers. This Amazon Agency is Represented by: WebsiteClosers.com Tech & Internet Business Brokers WC 2730
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