Flippa
SOLD!
Business Name

The Distinguished Nerd

Business Model
e-Commerce
Industry
Business

$750,000

Asking Price
Multiple 1.4x
The Distinguished Nerd is an eCommerce dropshipping store with 4 year years of increasing revenue and profitability.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Canada
Date of Founding
2015
Full-Time Staff
Owner Operated
Annual Revenue
$2,119,551
Annual Expenses
$1,592,387
Annual Net Profit
$527,164
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019
Revenue $60,604 $243,714 $220,536 $348,297 $206,409 $125,313 $259,085 $149,604 $135,666 $61,337 $6,887 $302,099
Expenses $51,408 $185,629 $174,498 $254,896 $170,299 $107,242 $207,237 $124,234 $117,874 $54,231 $8,772 $136,067
Net Profit $9,196 $58,085 $46,038 $93,401 $36,110 $18,071 $51,848 $25,370 $17,792 $7,106 -$1,885 $166,032
Month Pageviews Users
December 2019 160,073 40,306
November 2019 30,576 11,517
October 2019 158,005 86,911
September 2019 251,842 158,326
August 2019 230,369 111,300
July 2019 324,013 158,409
June 2019 221,912 105,289
May 2019 262,347 130,870
April 2019 555,033 238,704
March 2019 269,625 113,537
February 2019 320,156 145,948
January 2019 112,084 56,306

Note: Traffic data was provided on 10 January 2020. Enquire for more recent data.

Business Description

The Distinguished Nerd is an eCommerce dropshipping store with 4 year years of increasing revenue and profitability.

The Distinguished Nerd was launched in November 2015 as a dropshipping venture that has since then increased revenue and profit numbers consistently year over year.

It is a general dropshipping store, selling a wide range of trending products across various niches, almost all of which are supplied by one China-based supplier.

The business has done over USD$3MM in revenue and has an email/customer list of over 55,000 people.

How does your business make money?

The business generates the majority (95%+) of its revenue via Facebook/Instagram paid advertising. As mentioned previously, it is a general dropshipping store that sells a range of products across different niches. Its customer base is worldwide, as its supplier is able to effectively ship internationally from it’s multiple Chinese and US-based warehouses.

One of our products has also recently been featured on a US national television broadcaster (more details available upon request), which generated over USD$300,000 in revenue for the business.

Why are you selling this business?

The business is being sold because the owner is starting two new businesses (one with his wife and one with his brother) and needs to focus his time and energy on growing these new businesses.

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • 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

Social Media

Facebook
42K followers
Instagram
8.6K followers

Post sale support

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

Included

About the Broker

Leading Edge Brokers

Verified Account

United States

Dana founded Leading Edge Business Brokers with a wealth of business expertise and has proven himself valuable in the mergers and acquisitions and brokerage world.

Before opening the doors to Leading Edge, Dana owned and operated a franchised disaster restoration company where he substantially built revenue, and successfully executed an exit strategy. Dana also owned multiple car washes, an ecommerce store, and a portfolio of real estate that varies from vacation condos, long term rental townhomes, building new residential homes and buying and selling homes after remodel for profit.

Dana’s wife also owns 2 franchised fitness centers. Dana was a franchise consultant for large franchisor, and assisted in getting a software company start-up off the ground.

So needless to say, Dana is well seasoned in the business world, and felt like he could serve others best in the brokerage realm. When Dana isn’t working, you’ll find him spending time with his wife, Kari, and son, Isaac, and typically enjoying extra curricular activities together.