Highly Profitable Magnetic Mounts Product for Go-Pro, Action Cameras, Smartphones (Turnkey)
Northern, Virginia
| Asking Price: |
Gross: |
Cash Flow: |
| $1,400,000 |
$1,049,152 |
$386,620 |
Furniture and Fixtures Value:
$2,000 (included in the asking price)
Inventory Value:
$350,000 (included in the asking price)
Business Summary:
HIGHLY PROFITABLE (~$400k 2022 Net Profit) TURNKEY Operation, this product makes switching mounts easy for smartphones, GoPros, and other cameras via the strongest N52 rare-earth magnetic permitted (10x stronger vs. ceramic magnets). Product is manufactured in China and fulfilled via Amazon and small warehouse space in Virginia. A full suite of accessory products just launched, with established manufacturing and a fulfillment manager to oversee distribution. Buyer would only need to focus on marketing. Recent ad expansion into Europe and Australia is expected to bring strong revenue. Additional markets are untapped and primed for growth. This is a phenomenal opportunity to put serious money in your pocket due to high sales and low costs! For addition information, please contact Jonathan Ring at 202-681-6777 or [email protected]
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| Year
Business was Established: 2020 |
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| Number of Employees:
5PT/ 1 Contractor |
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| Facilities / Terms of Lease:
This is a home-based / E-commerce business. Seller is active with 5PT employees and 1 independent contractor. Hours of operation are 24/7 (internet-based). $350,000 in inventory and $2,000 in FF&E included in the asking price. Other Assets include Patent; Mold/Tooling; Industrial Racks. |
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| Owner
willing to train:
4 weeks |
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| Reason for selling:
Warehouse space needed for expansion of separate business unit |
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| This business is Home Based.
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| This business is Internet Based.
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| REQUEST MORE INFO |
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