Facts and Figures
Magnetic Arm Band & PRO Model - Magnetic Arm Band was founded by Michael Ecke after purchasing a magnetic wristband with barely any magnetic strength or pull force. After countless hours of magnet research and prototypes, Magnetic Arm Bad was born with 10 Strong Neodymium magnets and breathable durable frabric. From these humble bootstrapped beginnings, Magnetic Arm Band has evolved into a company that is focused on developing magnetic work gear for professional tradesmen and do-it yourselfers. Magnetic Arm Band is based in Tempe, AZ.
Why should someone buy this business?
Amazon FBA - USA Gross Sales Last 2 Years - (USD) $109,389.60
Amazon FBA - Canada Gross Sales Last 2 Years - (CDN) - $100,696.48
Amazon Australia Potential with current entry to new FBA Market (2 Years) - $267,879
How can the future owner improve this business?
Once Amazon Advertising goes live in Australia, sky is the limit. That functionality is not available currently.
- Brand and Community Loyalty
- High levels of Automation
- High Profit Margins
- Length of Operation in Niche
- Turn-key Operations
Opportunities for a new owner
- Launch New Products
- Capitalise on the Emerging Market
- Improve Current Marketing Efforts
Key day-to-day operations
- Managing Inventory
- Website Maintenance
- Adwords Maintenance
- Amazon PPC
- Email Marketing
- Facebook Advertising
- Customer Database
- Manufacturing Function
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
Chief Executive Officer/ Founder - Michael Ecke
Michael Ecke is a mortgage professional, entrepreneur, and businessman. He has lived, worked, and experienced trends all over the world from his native New York, to California, overseas and back. As a former manager for a Fortune 500 company, Michael is dedicated to ensuring the utmost attention to detail and quality control. Michael provides executive oversight and direction to MJMA and its subsidiaries. Michael brings to his position the business foresight and acumen required as MJMA continues its remarkable growth. Partnered with beauty expert and professional Melanie Blake, they make up the ultimate dynamic duo.