My Amazon FBA store sells gourmet grocery products that are shelf stable. This category on Amazon is very much overlooked and it is truly a gold mine if you have enough working capital to keep the products in stock. The biggest bottleneck for my business right now is simply keeping products in stock by purchasing more inventory.
Some of the products that are being sold in my store are Starburst candy, Gushers candy, Wheat Thins, Jolly Ranchers, Lays chips, Nutrigran breakfast bars and many more. We also sell and package up these products in bundles so we can increase the average order value. All of the hard work is done by a partner warehouse (3PL PROVIDER.
) I set it up this way because I wanted a business that basically runs itself with little to no involvement and I did not want to see or touch physical products. The new owner will work with the same warehouse provider. And you will never need to see or touch any products.
They take care of reordering the products, storing the products, and shipping the products into Amazon. I spend about two hours a month on the store. The store is truly turnkey and has a lot of growth opportunities if you have enough money to put into working capital to buy more inventory.
This year alone the store has done $612,356 in sales and $90,750 in net profit. I am consolidating all of my assets and buying stocks, specifically index funds, since I'm gearing up for retirement and want a simple life. With that being said, the store does pretty much run itself.
I just do not want any more businesses and I want to move all of my assets to simple low cost index funds. The new owner does not need any e commerce experience since everything has and is already been taken care of and the store is truly turnkey.