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Top Online Seller Specializing In Watchmaker Tools
Location: United States -> Wyoming
Industry: Technology – Internet Related > E-Commerce and E-Tailers

Business Summary

What began as a hobby collecting vintage watches, gradually grew into one of the top online sellers specializing in watchmaker tools, watch parts, polishing products and accessories. The company partners with some of the top brands in the watch industry having become their official distributors for watchmaker tools and watch parts including vintage and rare watch parts.
This business offers high quality products with exceptional customer service to clients all over the world selling through Amazon FBA, its own website and other channels. Products are shipped directly from suppliers to a management facility where the product is re-labelled and shipped to Amazon for FBA.

With growing Amazon FBA sales, this company makes an ideal Amazon acquisition. In prior years, the company sold about 50% through Amazon FBA. Currently about 76% of sales are generated through the Amazon FBA channel. Increased Amazon Sales has increased its profitability but there is still plenty of opportunity for growth including utilizing Amazon's PPC which the company hasn-t done and increasing items stocked at FBA for ease and productivity.

The company also offers a marketplace where watch dealers can access watch offers, parts and accessories for an annual membership fee which provides a source of recurring revenues.

The business has experienced YoY growth. It has continued to grow in 2023 with revenues up 63% and profits up 224% in Jan-Apr 2023 over the same period in 2022. The brand-s YouTube channel has been approved for monetization with hundreds of existing videos, it can grow ad revenue and bring recurring revenues. This brand is recognizable, well es

Key Benefits
- YoY Growth
- Carries Hard to Find and High Margin Products --- Watch Parts
- Distributor to Top Name Brands
- Excellent Supplier Relationships
- Trademarked Brand
- High Seller and Product Ratings
- Growing Market
- Recurring Revenue Stream
- Sizable Traffic and Social Media Following
- Plenty of Roo


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,199,174
Cash Flow:   $269,385
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2019
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Pursue Other Interests


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Top Online Seller Specializing In Watchmaker Tools Photo 1

Print Listing Id: 700383281
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