SellerForce® presents a 6-year-old eCommerce business that’s there to give their customers the quick, cheap and easy meals that they crave. The company operates within the instant food market, which, due to its convenience and wide applicability, sees consistent demand from consumers across a variety of demographics.
Their products include, but aren’t limited to, instant noodle packs, popcorn, and other popular snacks, which buyers can pick up at reasonable prices. They have an affordable $29.64 Average Order Value through FBA, and though they have 180 SKUs for sale across their storefronts, their catalog features roughly 500 that they can utilize in the future.
Their sales channels are made up of eBay and Amazon, with their Amazon storefront being the most popular by far. They have achieved an admirable 99% Positive Seller Rating based off over 500 reviews, which reflects their status as a reputable source of bulk snack foods. The company has also made bulk purchases more affordable through their variety packs, which give customers a selection of delicious flavors without harming their wallets.
Though the company possesses an extensive SKU roster, the owners still enjoy a comfortably light workload. They currently require about 10 to 25 hours per week to manage daily operations, with a focus upon warehouse management, shipping, marketing, and several other responsibilities. If the buyer is looking to keep this workload low upon scaling, or simply wishes to whittle down their existing responsibilities, tasks such as photo editing or inventory management could easily be outsourced to freelancers or new employees.
One of the most efficient ways that the buyer could scale post-purchase would be to buy more stock for their more popular products. The brand often runs out of certain SKUs more than others, so countering this through additional inventory would let them better meet demand. It would also be beneficial for them to add additional stock to FBA, as it would let them expand their inventory without requiring additional warehouse space.
Outside of investing in inventory for their existing products, they could also implement more listings and variations of those same SKUs, such as with their well-received popcorn bowl products. Seeing that their noodle variety packs have been enjoying strong sales, adding similar offerings would likely pique the interest of their customers. The brand could also work to optimize their product descriptions and their pictures to establish an SEO campaign.
Their brand name would lend itself well to several new niches that they could expand into. They could, for instance, begin selling a plant-based line of SKUs to generate profit from an under-severed market, and enjoy the lack of competition this niche brings. They could also see promising results through marketing to the cannabis market, especially given that their range of snacks would let them appeal to the “stoner” niche and their common association with snack foods. The company could DropShip related products from their website, leaning further into this concept.
This business is an appetizing offer for buyers with a knack for ambition and scale. They have a great reputation within a lucrative market and a massive SKU catalog of popular snacks, giving them many opportunities for someone with the know-how to utilize them.
If you’re interested in sinking your teeth into this incredible deal, then contact SellerForce today.
Listing ID: SF127