Flippa
FOR SALE
Business Name

Freedom Travel Gear Ltd.

Business Model
e-Commerce
Industry
Travel

$130,000

Asking Price
Multiple 1.0x
A leading online dropshipping e-commerce store in the travel niche founded back in July 2016. Very well automated, 8 remote staff. Growing year on year.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United Kingdom
Date of Founding
2016
Full-Time Staff
1 to 10
Annual Revenue
$1,377,587
Annual Expenses
$1,243,741
Annual Net Profit
$133,846
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 March 2019 April 2019 May 2019
Revenue $68,495 $78,902 $81,415
Expenses $72,019 $73,672 $79,708
Net Profit -$3,524 $5,230 $1,707
Month March 2019 April 2019 May 2019
Pageviews 339,617 328,040 169,658
Users 84,466 90,695 48,395

Note: Traffic data was provided on May 14, 2019. Enquire for more recent data.

Business Description

We sell travel-related products online that appeal to the mass market. Our 3-year long-term supplier in China fulfils 70% of our products. We have 7 long-term remote staff (well automated). With this online business, the owner has the freedom to travel wherever they want while working online.

How does your business make money?

We make money by advertising our traveling related products online via Facebook Ads, Instagram, Google Adwords, Google Shopping, SEO, YouTube, Affiliates, etc. We sell the products on our Shopify store. We are able to get our products at good prices and ship them worldwide cheaply (with tracking numbers) by working with our 3-year long-term supplier in China.

Why should someone buy this business?

3-year business. Data from 100,000 Orders, $2,393,066 Revenue. Operated solely online which offers the owner freedom to travel wherever they want and work online. There is currently 7 loyal remote staff who have been working with us for over 2 years. The overhead costs are low and scalability is very high. The business is automated from customer service, to order processing, to fulfilment, to payments. We have a supplier in China who we have been working with since day 1, who does all the sourcing and keeps the inventory in his own warehouse to ship and control quality. This supplier is very reliable, trustworthy and honest. He gives us the best prices, he ensures quality of products and ensures fast shipping and tracking of parcels. The owner only has to spend 1-2hrs a day monitoring things and answering staff questions as needed. Due to our well-built systems, we have an average of 4/5 Facebook feedback score on our Facebook advertising page which also has over 119,000 followers.

How can the future owner improve this business?

More time can be spent to do product research, product launching/testing and advertising/media buying. Scaling Google Shopping Ads which currently has annual ROAS of 3.77x. Utilizing our seasoned 3 year Facebook Pixel which has data of 100,000 Orders to help you scale your Facebook Ads. The more winning products you can find, the more money you can make. Our long-term supplier in China will source any winning product and ship it for you using the best logistics. Scalability potential is endless.

Why are you selling this business?

I have been building this business since July 2016. I would like to take a break from e-commerce and explore other ventures such as investing.

Business Strengths

  • Brand and Community Loyalty
  • Customer Service
  • High levels of Automation
  • Scalable Business Model
  • Overall Market Size

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Introduce Further Revenue Streams

Key day-to-day operations

  • Managing Staff
  • Launching New Products
  • Supplier Relationship Management
  • Content marketing
  • Adwords Maintenance

Marketing

  • Facebook Advertising
  • Google Adwords
  • SEO

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
120K followers
Twitter
97 followers
Instagram
5.9K followers

Post sale support

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

Included

About the Seller

Jonathan Lau

Verified Account

United Kingdom

I have been full-time into e-commerce dropshipping since July 2016. This is my main store which I first started with and built until now. This store includes my team of 7 remote staff from Philippines who have worked with me for more than 2 years. I learnt from e-commerce online courses and went to an e-commerce masterminds. I'm looking to sell my main e-commerce dropshipping store to go into investments and trading ventures.

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