Why People Sell Their Amazon Businesses (Even If They're Well Profitable)

Vova Even Jun 13, 2024
29 People Read
Table of Contents
  1. Should You Sell Your Profitable Amazon Business? Learn Why Now Might Be Best!
    1. So Why Do People Sell Profitable Amazon Businesses?

Disclosure: Hi! It's Vova :) Some of the links in this article may be affiliate links. I get a commission if you purchase after clicking on the link, this does not cost you more money, and many times I can even get a nice discount for you. This helps me keep the content free forever. For you. Thank you! :) 

Should You Sell Your Profitable Amazon Business? Learn Why Now Might Be Best!


Ever wondered why someone might sell a super profitable Amazon business?


It might seem crazy, right? 


I mean, why give up a money-making machine?


Well, there's actually a bunch of reasons, and some of them involve hidden dangers!


If you're thinking about selling your Amazon business, or maybe you're just curious, then buckle up because I'm about to share a goldmine of info I learned from the experts at SellerSpot

SellerSpot helps buy and sell Amazon seller accounts.

>> Buy Amazon Seller Account / Business ⭐️


>> Sell Your Amazon Account / Business ⭐️


This article will spill the tea on why selling now, even if things are going great, could be your smartest move yet, plus tips on how to get the best price for your business.


Here's a video version for those who prefer watching over reading. Enjoy! :)



Readers, keep going and get ready to discover the secrets behind selling your successful Amazon business!


_____________________


Vova: Have you ever wondered why someone might decide to sell their successful Amazon business?


It might seem counterintuitive at first.


After all, if a business is making money, why sell it?


Omer: Many people dream of selling a business they've built from the ground up.


But it's crucial to remember that a business is valued based on its current and past performance.


Some business owners overlook the potential risks of waiting too long to sell.


They might hope for better earnings in the future, but that's not always guaranteed.


When considering a sale, it's essential to offer a business that's thriving now and has a track record of profitability.


We've encountered numerous businesses that hesitated to sell, thinking they could increase their earnings down the line.


Unfortunately, this strategy doesn't always pay off.


Often, the opposite occurs.


Businesses can quickly decline, especially on platforms like Amazon.


Losing your place on the first page of search results can lead to a significant decrease in sales, revenue, and profits.


That's why many sellers choose to sell when their business is doing well.


Today, it may be valued at a certain amount, but there's no guarantee it will hold the same value in the future.


From my own experience, I once received an offer of nearly half a million dollars for my first private label on Amazon.


I was confident that my earnings would double or even triple the following year.


I decided to wait, thinking things would only get better.


However, unexpected challenges arose, and before I knew it, my product was no longer listed on Amazon.


The potential value I once had vanished overnight.


It's essential to consider both sides of the coin when making decisions like these.


I wish I had taken that into account when I received my offer.


Vova: I'd like to add something to that. Shai, do you have anything to contribute?


Shai: Absolutely, I have a few points to add.


Selling a business isn't always just about financial reasons.


Personal issues can also play a significant role.


Maybe you're having difficulties with a business partner and want to end the partnership.


Sometimes, personal aspirations lead people to sell their businesses, allowing them to focus on new projects or other interests.


Running a business can be time-consuming and costly, and not everyone wants to continue down that path.


Additionally, there are various ways to structure a business sale, depending on the circumstances.


For instance, sometimes the seller continues to work with the business as a consultant, earning a percentage of sales or a salary.


Selling the business doesn't necessarily mean you're completely stepping away.


Additionally, some buyers value the original business owner's expertise and might want to retain them.


This aspect is worth highlighting as well.


Omer: Often, people simply grow tired of their current business endeavors and seek new opportunities.


This could mean transitioning to a different type of Amazon business or even exploring entirely new ventures.


Some may want to leverage the equity from their current business to invest in other opportunities.


It's essential to remember that not everyone plans to stick with Amazon indefinitely.


Vova: I recall reaching out to you, Omer, about my business partnership and our products.


About a year ago, we had one product that wasn't performing well, while others were profitable, keeping the business afloat.


You mentioned that we could potentially sell the business for around double its annual profit.


You advised us to consider improving our operations and processes before making a decision to sell, suggesting that doing so might increase the business's value.


Your advice was invaluable because it gave us a clear direction to enhance our business operations.


While outcomes aren't guaranteed, our business has since improved, and we're more profitable, which I'm grateful for.


It could have gone the other way, and we might not have achieved double the annual profit.


However, your guidance gave us options: we could sell immediately or take the risk to improve further.


I appreciate the insight.


For anyone interested in learning more, below are two Google forms to contact Omer and his team.


>> Buy Amazon Seller Account / Business ⭐️


>> Sell Your Amazon Account ⭐️


If you're considering buying or selling a business, don't hesitate to reach out.


Omer and his team will review your financial data and provide insights.


They might suggest selling immediately, as they did in my case.


It's a straightforward process; during our brief conversation, Omer gave me an estimate of the business's potential value.


Ultimately, the decision rests with you on whether to proceed or continue improving the business.


After discussing with my partner, we chose to invest further in our products, and we've seen positive results.


Selling remains an option for the future.


So Why Do People Sell Profitable Amazon Businesses?


This conversation explored the reasons why someone might sell a successful Amazon business, even if it's making money.


Here are the key takeaways:


  1. Timing is Key: A business's value is based on its current and past performance. Waiting to sell can be risky – the future isn't guaranteed. Omer shared a story of a missed opportunity where his product's value dropped significantly after he decided to hold off on selling.


  1. Beyond Money: Selling isn't just about finances. Maybe you're facing partnership issues, have new ventures in mind, or simply want a change. Shai highlighted that selling doesn't have to mean a complete exit; some sellers stay on as consultants.


  1. Moving On: Sometimes, people just get tired of the same business and crave new challenges. The money earned from selling can be used to invest in other opportunities.


  1. Making an Informed Choice: My experience showcased the value of getting expert advice. Omer suggested improvements that boosted the business's value before a potential sale. The decision to sell or improve is ultimately yours.

>> Buy Amazon Seller Account / Business ⭐️


>> Sell Your Amazon Account / Business ⭐️


Whether you're considering buying or selling an Amazon business, the key is to gather information and explore your options.

Table of Contents
  1. Should You Sell Your Profitable Amazon Business? Learn Why Now Might Be Best!
    1. So Why Do People Sell Profitable Amazon Businesses?

Disclosure:  Hi! It's Vova :) Some of the links in this article may be affiliate links. I get a commission if you purchase after clicking on the link, this does not cost you more money, and many times I can even get a nice discount for you. This helps me keep the content free forever. For you. Thank you! :)