Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Lifestyle

$165,000

Asking Price
Multiple 2.8x

+ $17,000 Inventory

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We sell propriety and wholesale smoking accessories online.
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
2010
Full-Time Staff
1 to 10
Annual Revenue
$284,873
Annual Expenses
$226,572
Annual Net Profit
$58,301
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.

Recent Performance

Month April 2019 May 2019 June 2019
Pageviews 160,492 125,027 98,943
Users 20,183 16,281 12,739

Note: Traffic data was provided on June 27, 2019. Enquire for more recent data.

Business Description

PuffPuffPassit (PPPI) is an online smoke shop with everything you need to enhance your smoking experience.

We sell over 2k cannabis related smoking products. All products are sent or imported to our warehouse's in Sacramento and then sold direct to customers or to our network of 7-8 distributors.

Included in the sale are 4 PuffPuffPassit (PPPI) products, brand website, PPPI mobile app's and customer base.

Note: On 4/20 we had close to $2,500 in sales and 4/21 close to $1800 and all from a 20% discount site wide.

How does your business make money?

PuffPuffPassit (PPPI) generates income from e-commerce sales

Why should someone buy this business?

With the cannabis industry on the rise, our store is in a unique position to become a market leader for smoking accessories. With over 2,000 SKUs listed on the site and high social media following, we have created a brand that is reputable with high customer satisfaction rate and well-priced goods. We have strong margins on our main Sku's and maintain an overal GP margin of 39%. Ref P&L.

How can the future owner improve this business?

Increase marketing strategies will be key to continued the success of the site.

Why are you selling this business?

I am an importer & manufacturer of a lot of the products on the site and I'd like to focus on the distribution aspect more. Retail is definitely a lucrative business but it does require a lot of attention and time. I am selling an established business that I have dedicated a lot of time, hard work, and money into. With the right management and marketing strategies, next owner can be quite successful in running this business.

Business Strengths

  • Brand and Community Loyalty
  • Customer Service
  • Evergreen Niche
  • High Profit Margins
  • Low Return Rate

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Advance or Explore Retail / Distribution Partnerships
  • Develop New Features

Key day-to-day operations

  • Managing Staff
  • Customer Support / Service
  • Managing Inventory
  • Content marketing
  • Video production

Marketing

  • Email Marketing
  • Influencer Marketing
  • SEO

Inventory

Value
$17,000

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
1.5K followers
Instagram
42K followers

Post sale support

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

Included

Confidential

Verified Account

United States