Business Description
For sale is a business that sells replacement filters for household items. This company specializes in selling appliance consumables—parts that need to be replaced on home appliances e.g. water filters. This creates a unique scenario for an e-commerce business where there is recurring purchases. The items are perishable and have a lifetime of between 1-6 months, depending on the product, thus creating a need to repurchase the item again and again.
This company has enjoyed a steadily growing growth trajectory. The company made $2 million it its first year. From Sept. 2016 to Sept. 2017, the owner saw $4.1 million in gross sales; and from Sept. 2017 to present, there is $6.9 million in gross sales—that’s a $2.8 million increase over the last year.
Perhaps the most enticing feature of this company is that entire business can be run from a computer anywhere in the world. In fact, the owner spent a month overseas and easily supervised it a few hours per week from his laptop. There is virtually zero infrastructure, low fixed costs and no employees other than three who are contractors. Products are entirely drop-shipped from China to Amazon warehouses, where fulfillment takes place.