Seamless Magnetic Camera Mounts, USA Operations
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Asking Price
$1,400,000
Detailed Information
Northern Virginia, Virginia, US
Not Provided
NA
Business Description
This highly profitable product offers a seamless solution for switching mounts for smartphones, GoPros, and other cameras using powerful N52 rare-earth magnets. Manufactured in China and distributed through Amazon and a small warehouse in Virginia, the product line includes a range of accessory items that have recently launched. Buyers would mainly handle marketing efforts, with established operations covering manufacturing and distribution management. Revenue growth is anticipated with recent advertising expansions into Europe and Australia, presenting lucrative opportunities in untapped markets for further development. With a 2022 net profit of approximately $400,000, this turnkey operation provides a strong foundation for success. Leveraging the superior strength of N52 rare-earth magnets compared to ceramic alternatives, the product's appeal lies in its simplicity and efficiency. The strategic positioning of the manufacturing and fulfillment process allows for a seamless operation, with a dedicated manager in place to oversee distribution activities. The recent expansion of advertising efforts into international markets is poised to drive increased sales and revenue streams. Ideal for entrepreneurs seeking a profitable