Do you know somebody who fits this profile:
• Owns a profitable internet business doing $500k-$10MM in annual profit
• Wants to sell and have the freedom to leave, in a quick 30 day process
We are paying $25,000+ referral fees.
All you have to do is intro us
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highly doubt their verification is of their profit in that range. It takes a shit ton of revenue to even be at the bottom of his profit range in an FBA business. At least $10MM/yr
It's not of profit. You're right. Sales are verified. Doesn't matter though, I know what average profit margins are and roughly what peoples' sales are. Depends on the FBA business. Wholesale is lower margin than own-brand. The cos I know are own-brand.
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Yeah, I think we're both referring to PL FBA here. And it's a spiral downward lately. I'd want to sell if I were an owner, but I wouldn't want to buy if I were
@awilkinson. I'm winding down my own PL FBA business (low 6 figures, nothing huge) this year due to profit pressures. -
There may be some diamonds in the rough, but in general, yes, I agree that FBA businesses are not good investments. I'd add that they have weak returns from "roll-ups". The US needs legislation to curb the China problem on US e-commerce marketplaces.https://twitter.com/Molson_Hart/status/1221997408864915462 …
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