Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Internet

$25,000

Asking Price
Multiple 1.5x

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Smartwatch and High Tech Gift Products Dropship Ecommerce Business
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
$175,056
Annual Expenses
$158,196
Annual Net Profit
$16,860
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

The technology industry is in a constant state of innovation, continually on the leading edge of development. It has affected so many aspects of consumer’s daily lives, driving the tech-dependent needs to a staggering all time high. Fueled by technology advances, this website is a 100% dropship company committed to bringing innovative, modern, high tech products to its customers with competitive prices and excellent customer service. With no physical inventory to manage or handle, this website business is run from a home-based office, is easily relocatable and can be operated from any location with internet access. As a dropship model, the business requires minimal time commitment to operate.

How does your business make money?

E-commerce drop shipping sales

Why should someone buy this business?

This business provides an opportunity for a new owner to acquire a 100% dropship business with great margins and a beginning foundation with solid historical revenues from which to re-engage and build in the multi-billion-dollar tech industry

How can the future owner improve this business?

Reopen the store and position it for growth

Why are you selling this business?

Attention on new ventures.

Business Strengths

  • Customer Service
  • Evergreen Niche

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets

Operations

In June 2018, the owner began re-directing his focus to other opportunities that he has had in-progress in the cryptocurrency industry. With his attention on other ventures, he also dialed down and essentially turned off all marketing for the website. The result has been a decline in revenues and profits since around then. A new owner can readily bring the business back to its early 2018 levels and beyond by reinstating and updating the marketing campaigns. With the current price reduction, the business is aggressively priced to sell.

Marketing

  • Affiliate Marketing
  • Email Marketing

Highlights

This website business has proven sales, up-to-date, clean web design and established supplier with high quality product lines. This business provides an opportunity for a new owner to acquire a 100% dropship business with great margins and a beginning foundation with solid historical revenues from which to re-engage and build in the multi-billion-dollar tech industry.

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Website files, source code and content

Post sale support

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

Not Included

Confidential

United States