Flippa
FOR SALE
Business Name

Little Fingers Big Minds

Business Model
Marketplace
Industry
Hobbies and Games

$30,000

Asking Price
Multiple 2.7x

+ $20,893 Inventory

Entertaining Toys & Games for Children Please see this presentation for complete understanding of our business: https://www.youtube.com/watch?v=Eg18n7xLNxE&feature=youtu.be&t=1
This business owner has manually entered their financials

Facts and Figures

Location
United Kingdom
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$137,886
Annual Expenses
$126,976
Annual Net Profit
$10,910
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month April 2019 May 2019 June 2019
Revenue $11,157 $9,526 $10,311
Expenses $10,472 $9,008 $9,590
Net Profit $685 $518 $721

Business Description

Short history: Last year we decided to enter another industry, it was toys and games. A very interesting one and dynamic.
We’re oriented to do business in the long run so the buyers will get everything listed below:

We sell for the multiply of 2.5 annual profit.

Supplier contacts:
Along the way we discussed with at least 30-50 factories. We chose the best factory in matter of price and reliability.

Shipping:
We’re ready to share our contacts with shipping company, very reliable in terms of price and service.

GS1 with authentic GTIN codes.

Photos

Listings

Brand registry 2.0 and Trademark

The buyer will also get the systems we created ourselves for our business needs. Each system has its own video SOP.

Some of the systems:
1. Re-order system
2. Cash flow system
3. China-FBA cost.
4. Business reports system
5. Complex profit system
6. VAT calculation system - Saves ±£1000 yearly.
7. Customized FBA Calculator.

If you’re interested let’s have a talk so we can answer any questions.

How does your business make money?

Our business is selling physical products following the Amazon FBA business model.

Please consider we have calculated the real profit, we included every cost we had:

  • product cost
  • package
  • shipping
  • customs duty
  • VAT
  • monthly storage fee
  • return cost
  • PPC cost
  • exchange rate

Everything is documented. The new owner will get profit reports for each month and the system with SOP with how to do the same in the future.

As well, the new owner will get written and video SOPs for all the systems we created and use ourselves to make more accurate and faster business decisions.

Why should someone buy this business?

Buy this business if:

  • You want to launch an FBA business and want to skip the first steps (we're in good industry, we have good supplier and supply chain, we have good systems to operate)
  • You have some capital little capital you want to invest and grow an Amazon business

How can the future owner improve this business?

We can help new seller with good insights on how this business can operate better:

  1. Take better products and videos for the products, recently we've got Trademark and Amazon Brand Registry 2.0.

  2. Improve rankings. Once you have new photos and videos uploaded in Enhanced Brand Content section the next thing to do is to rank all the relevant keywords.

  3. Expand to new niches within the same category.

  4. Expand to new markets in EU. As we operate in UK it's easy to expand on other markets such as Germany, Italy, France, Spain with the same products through Amazon Fulfilment programs.

Why are you selling this business?

We're involved in 2 completely different industries. The reason we decided to sell this part of the business is because we want to focus on one single industry. We're only 2 people in this business and we can't cover the growing of both industries on our own. We decided to sell one of two and infuse all the capital in the one we've left with. The first 2 products were launched in august and the next 2 – in November. The valuation of our business excludes the months of Aug, Sep and Oct of 2018. In this period we performed ranking campaigns and they're irrelevant for the valuation as we just got started. We only considered the period from Nov 2018 until June 2019, in total 8 months. We sell our business for the multiply of 2.5 annual profit. For more information please see the attachements. All the metrics are converted from GBP in USD amounts.

Business Strengths

  • High levels of Automation
  • Low Return Rate
  • Positive Customer Reviews
  • Scalable Business Model
  • Strong Manufacturing Relationships

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Increase Basket Size Per Customer

Key day-to-day operations

  • Customer Support / Service
  • Supplier Relationship Management

Marketing

  • Amazon PPC

Inventory

Units
1,592
Value
$20,893

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Existing manufacturing relationships
  • Registered trademarks

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Mihail Delinschii

Verified Account

Romania

My name is Mihai, I am 27 years old and I'm doing e-commerce for 7 years.

I'm passionate about sports, calculations and systems. I like when systems work together to achieve a great goal.

I can answer all your questions about the business we currently sell, please feel free to ask.

Contact