Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Sports and Outdoor

$120,000

Asking Price
Multiple 0.7x

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I've been doing this Dropshipping business since early 2017, I dont want to let this store go but I'm getting too busy with life and other ventures
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$1,013,316
Annual Expenses
$845,712
Annual Net Profit
$167,604
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

Selling/Dropshipping stuff online. Selling worldwide but about 90% USA customers.

Dropshipping is pretty easy (as compared to other business) once you found the winning products and the ideal audience.

You don't need to keep inventory, you don't need to do things manually (like packing the products and and sending it to carriers) as it can be automated.

What you need to do manually is customer service like answering emails, managing comments on social media. But all these can be outsourced by hiring a virtual assistant

All you need is a few hours a day to monitor performance specially ads, although this can be outsourced too, i prefer do it my own

How does your business make money?

This is dropshipping store.
Publish products on your store, by using pictures or videos of the product even if you have never seen or touched it.

Price it on your store 2 to 4 times the product cost.

When customers buy from your store and pay you, use their money to buy the product form your supplier and your supplier will send it directly to your customer. your mark up will go to your pocket.

Why should someone buy this business?

When you buy this, you will start earning immediately. compared to starting your own business with lots of trial and error, uncertainty of profits, lots of hardwork and headaches.

Why not invest your money on a business that is already established and earning consistently.

How can the future owner improve this business?

If you want to scale up and continue to grow, don't be confident with your current selling products and continue testing other products, testing on advertising other products all the time.

sell other products,
and increase budget on advertising to get more sales

Why are you selling this business?

.

Business Strengths

  • Evergreen Niche
  • High levels of Automation
  • High Profit Margins
  • Large Customer Database
  • Lots of Repeat Customers

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Improve Customer Service

Key day-to-day operations

  • Customer Support / Service
  • Launching New Products
  • Order Fulfilment

Marketing

  • Email Marketing
  • Facebook Advertising
  • Google Adwords

Assets

  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Social media accounts
  • e-Commerce platform accounts

Social Media

Facebook
4.4K followers
Twitter
100 followers
Instagram
570 followers

Post sale support

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

Included

Confidential

Verified Account

Philippines