The question refers to wether or not buying an Amazon FBA business off of Empire Flippers is indeed short-cutting the Process Principle. It’s obviously a rhetorical question in and of itself, but I feel that it’s still worth asking, especially if I can get any views from those who may have bought a small business and been able to grow/scale it beyond what it’s founder did.
I’m in the sourcing/sampling stage for a product that I believe will sell well on Amazon and Shopify. That said, the amount of time I have to dedicate to this per week has been limited by a very demanding job, and wanting to maintain a close relationship with my wife and kids.
I’m fortunate in that I do have the $50-100k that might be the buy-in for an existing FBA business purchase, which would leapfrog the initial heavy lifting of getting a product vetted, sourced, listed, and proven, and would put me immediately I nto the latter stages of optimization, scaling and strategy.
Of course the question is begged, “why would any business that provides $3-5k per month in income for minimal upkeep be for sale?” Seeing these sold on Empire Flippers at ~30x multiple.
Any views or opinions, especially those with (negative/positive) experience buying a small business are hugely appreciated.
I’m in the sourcing/sampling stage for a product that I believe will sell well on Amazon and Shopify. That said, the amount of time I have to dedicate to this per week has been limited by a very demanding job, and wanting to maintain a close relationship with my wife and kids.
I’m fortunate in that I do have the $50-100k that might be the buy-in for an existing FBA business purchase, which would leapfrog the initial heavy lifting of getting a product vetted, sourced, listed, and proven, and would put me immediately I nto the latter stages of optimization, scaling and strategy.
Of course the question is begged, “why would any business that provides $3-5k per month in income for minimal upkeep be for sale?” Seeing these sold on Empire Flippers at ~30x multiple.
Any views or opinions, especially those with (negative/positive) experience buying a small business are hugely appreciated.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.