Amazon FBA Seller in Kitchen & Dining Niches
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This super fast-growing Amazon seller is a branded wholesaler of kitchen tableware, flatware, glassware and wine accessories. The company formed in 2014 and has more than doubled its average monthly revenues in the last 12 months.
The husband and wife sellers had owned a brick-and-mortar home furnishings store for 15 years before closing their doors and going 100% online. They were able to leverage many supplier and manufacturing relationships when they formed the ecommerce company.
Roughly 60% of revenues are sold through Amazon’s FBA fulfillment. About 25% come through the company’s online store (WooCommerce site) and the remaining through other online platforms such as eBay, Wayfair and Overstock.
Their best selling categories include tablecloth & napkin sets, place settings, utensils and flatware, ceramic and glass table items, table and wine glasses, candleware and wine accessories. More than half the products are sourced from overseas suppliers. All import products are first inspected at a third-party fulfillment center to get prepped and shipped to Amazon. The company does not dropship.
The company has seen tremendous growth since bringing on more employees and more virtual assistants in the last 18 months. Besides the husband and wife owners, the company has three fulltime employees and four virtual assistants. The company currently offers nearly 700 SKU’s and continues to expand their more successful branded product lines.
UPDATE: This listing is currently under contract.
Asking Price: $1,350,000