278: Selling an Amazon FBA Business: My $425k Exit ... and the Guy Who Bought It

<p>A $425k exit on a 2.5 year old business!?</p> <p>Recently a friend of mine posted about how he sold his 2.5-year-old Amazon FBA business for over $400k, which I thought was incredible.</p> <p>The twist was it turned out the buyer was a familiar face as well. Spencer Haws of <a href="https://www.nichepursuits.com/" target="_blank" rel="noopener">NichePursuits.com</a> was the seller, and Ace Chapman of <a href="http://www.acechapman.com/" target="_blank" rel="noopener">AceChapman.com</a> was the buyer.</p> <p>They are both previous guests of the show. Spencer was on episodes <a href= "https://www.sidehustlenation.com/how-to-earn-big-money-with-small-websites/"> 18</a> and <a href= "https://www.sidehustlenation.com/software-as-a-side-hustle/">70</a> of The Side Hustle Show talking about niche sites and software, and Ace was a guest on episode 182, talking about <a href= "https://www.sidehustlenation.com/digital-real-estate-investing-cash-flow/"> investing in digital real estate</a>.</p> <p><em>Note: <a href= "https://nickloper.lpages.co/leadbox/145214933f72a2%3A12b7a20bab46dc/5678280229257216/" target="_blank" rel="noopener">Click here to download Ace and Spencer’s top tips for building and selling an FBA business from this episode.</a></em></p> <p>Why did Spencer decide to get into <a href= "https://www.sidehustlenation.com/ecommerce/amazon-fba/">the Amazon FBA business</a>?</p> <p>“I had an idea for a product I used every day, couldn’t find exactly what I wanted on Amazon. So, I decided to find a manufacturer that can make a variation of what I like,” Spencer said.</p> <p>Why was this business an attractive deal for Ace and his investors?</p> <p>“The thing that I liked about the deal was the different sources of income,” Ace said.</p> <p>I decided to invite them both on the Side Hustle Show to give you both sides of the deal.</p> <p>You’ll hear how Spencer built up the business so quickly, why he decided to sell up, and how Ace found himself on the other end of the deal.</p> <p>Tune in to hear how Spencer built