There are four main types of buyers for FBA businesses right now. They each pay different prices, look for different things, and close on different timelines. Here's how to figure out which one is right for you.
35%
Aggregators / Holdings
30%
Individual Buyers
25%
Strategic Buyers
10%
Search Funds
The mix of buyers has changed a lot since the aggregator boom of 2020-2022. Today, the market is more balanced. Individual buyers and strategic acquirers have stepped up as aggregators became more selective. That's good news for sellers, more buyer types means more competition for your business.
Here's who's buying FBA businesses right now, starting with who pays the most.
Pay 3.5-5x+ SDE
These are companies that buy multiple Amazon brands and run them all under one umbrella. They have teams for supply chain, advertising, product development, and operations. When they buy your brand, they fold it into their portfolio.
What they look for:
Deal structure:
Typically 70-80% cash at closing, 10-20% in equity rollover (you keep a small stake in their company), and sometimes an earnout tied to performance targets.
After the sale:
They run everything. You're done, or you consult for 30-60 days to help with the transition. The aggregator wave cooled in 2023, but quality-focused holding companies are very active in 2026.
Pay 3-5x SDE
These are existing e-commerce companies buying your brand to expand their product line. They already sell on Amazon (or other channels) and want to add your products to their catalog. They have the infrastructure, warehousing, marketing teams, and an existing customer base.
Why they pay a premium:
Closing speed:
Fastest of any buyer type. They know what they're doing, they've done deals before, and they can move through due diligence quickly. Some strategic deals close in under 45 days.
Pay 2.5-4x SDE
First-time business buyers, often using SBA loans to fund the purchase. They want something they can run themselves or with a small team. This is the largest single group of buyers by volume.
What they care about most:
What to know:
Transition support matters a lot to this group. If you're willing to spend 30-60 days teaching the new owner how things work, your business becomes much more attractive. These buyers may also ask for seller financing (you carry 10-20% of the purchase price as a note).
Pay 3-4x SDE
Recently graduated MBAs or experienced operators who have raised money from investors specifically to find and buy one business. They plan to run it themselves for 5-7 years, grow it, and then sell it.
What makes them different:
What to expect:
The due diligence process will be more detailed than with other buyer types. But these are serious, well-funded buyers who close deals. If your business has clear growth opportunities and good operations, search funds are great buyers.
Focus on brand strength, healthy margins, and multi-channel presence. This attracts aggregators and holding companies who pay 3.5-5x+.
Focus on documentation and systems. This attracts individual buyers and search funds who value operational clarity.
Focus on clean financials and SBA eligibility. This attracts individual buyers with pre-approved financing who can close in 60-90 days.
Want to know what buyers are looking for in your specific brand?
We'll tell you exactly how your business looks from a buyer's perspective, and which buyer type is the best fit.
Over $15 billion was deployed by aggregators and PE-backed groups buying Amazon FBA brands. Capital was inexpensive, competition was fierce, and some companies were paying 5-7x for businesses that probably deserved 3-4x. It was a seller's paradise, if your timing was right.
Interest rates went up. Several large aggregators restructured or went quiet. The companies that overpaid for brands in 2021 were struggling to make the numbers work. Multiples came down. Some sellers who waited too long missed the window. But serious, well-run buyers kept buying, just at more realistic prices.
The market has stabilized. The buyers who survived the correction are experienced, well-capitalized, and focused on quality over quantity. Here is what that means:
Standards are higher than in 2021. You won't get 6x for a mediocre brand anymore. But if your business is well-run, profitable, and properly documented, buyer demand is strong. The best brands are still commanding 4-5x+ because there are more buyer types competing for quality businesses than ever before.
E-commerce holding companies and aggregators typically pay the highest multiples, 3.5 to 5x+ SDE. They buy proven private label brands with strong reviews, healthy margins, and at least $200K in annual profit. Strategic buyers can also pay premium prices when your brand fits their existing product line.
Yes. Many FBA businesses are bought by first-time business owners. These buyers often use SBA loans and are looking for well-documented businesses they can learn to run. Good SOPs, clear processes, and a willingness to provide transition support (30-60 days) make your business much more attractive to this group.
It depends on the buyer type. Strategic acquirers close fastest, sometimes in 30-45 days, because they already understand e-commerce. Aggregators typically close in 45-60 days. Individual buyers using SBA loans can take 60-90 days due to the lending process. Search funds fall somewhere in between at 45-75 days.
Multiple offers are a good problem to have. Compare them on total price, deal structure (cash vs. earnout vs. equity), closing timeline, and transition expectations. The highest number is not always the best deal. A slightly lower all-cash offer that closes in 45 days may beat a higher offer with a 12-month earnout. An M&A advisor can help you evaluate and negotiate competing offers.
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