Flippa
FOR SALE
Business Name

LUXED

Business Model
Marketplace
Industry
Design and Style

$39,842

Asking Price
Multiple 1.6x
LUXED is a luxury fashion shopping marketplace.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$27,541
Annual Expenses
$2,640
Annual Net Profit
$24,901
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019
Revenue $6,922 $4,044 $3,315 $1,785 $3,089 $3,504 $2,161 $1,419 $1,646 $1,651 $1,955 $1,189
Expenses $240 $240 $240 $240 $240 $240 $240 $240 $240 $240 $240 $240
Net Profit $6,682 $3,804 $3,075 $1,545 $2,849 $3,264 $1,921 $1,179 $1,406 $1,411 $1,715 $949
Month Pageviews Users
October 2019 25,987 9,803
September 2019 38,302 13,270
August 2019 28,930 9,469
July 2019 13,424 4,860
June 2019 14,100 5,311
May 2019 35,688 13,845
April 2019 34,204 13,895
March 2019 32,091 13,538
February 2019 29,954 12,550
January 2019 34,491 13,847
December 2018 33,611 13,925
November 2018 47,286 19,466

Note: Traffic data was provided on 24 November 2019. Enquire for more recent data.

Business Description

LUXED helps customers shop faster and more seamlessly by featuring dozens of luxury fashion retailers and thousands of designers and products all in one place.

This is a turn-key business. There is nothing to do day-to-day but to watch the commissions roll in.
I've operated this business as a one man operation for the past years.
So far, 100% of traffic is organic, and I haven't promoted or marketed the site through any social outlet or paid ads, which really goes to show the potential this business has if properly marketed!

All scraping and data gathering is automated and only requires light maintenance every 6-8 months. I'd be glad to assist with that when needed.

How does your business make money?

All links on the platform are affiliated so the site earn a commission from every sale it generates (i.e: the user clicked our link and buys anything from then on).

Commissions are then wired to my bank account, after approval.

Why should someone buy this business?

Great passive income business. Has seen months up to $10k in commission. I believe this website could be leveraged heavily from a purchaser with decent SEO skills.

Why are you selling this business?

I have decided to move on to another venture which I am more personally involved in and passionate about. Basically just want to focus all my effort on one thing instead of many.

Business Strengths

  • High Barrier of Entry to Market
  • High levels of Automation
  • Passive Revenue
  • Well Established and Unique Brand

Opportunities for a new owner

  • Start Selling into New Markets
  • Improve Current Marketing Efforts
  • Introduce Further Revenue Streams

Key day-to-day operations

  • Programming / Development

Marketing

  • Email Marketing
  • Influencer Marketing
  • SEO

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Social media accounts
  • Website files, source code and content

Social Media

Facebook
0 followers
Twitter
0 followers
Instagram
0 followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Olivier Breton

Verified Account

United States

Contact