Highly Profitable Magnetic Mounts Product for Go-Pro, Action Cameras, Smartphones (Turnkey) - Business for Sale
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Magnetic Mounts Manufacturing Business in Northern Virginia
Northern, VA, US
Added 1 month ago
Magnetic Mounts Manufacturing and Sales
Absentee / Semi-Absentee
The business manufactures and sells magnetic mounts for smartphones and cameras, with operations in Northern Virginia and manufacturing in China.
Key Information
Asking
$1.4M
Revenue
$1.0M
Earnings
$387K
Multiple
3.6x
Key Highlights
- Business manufactures magnetic mounts for smartphones, GoPros, and other cameras using N52 rare-earth magnets
- Products are manufactured in China and fulfilled via Amazon and a small warehouse in Virginia
- A fulfillment manager oversees distribution
- Recent advertising expansion into Europe and Australia
Contact Info
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