Flippa
FOR SALE
Business Name

20FourHours

Business Model
e-Commerce
Industry
Lifestyle

$6,750

Asking Price
Multiple 0.2x
20 Four Hours sell high quality leather and metal watch bands and bracelets for smart men who wish to dress to impress.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$87,689
Annual Expenses
$42,838
Annual Net Profit
$44,851
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 February 2019 March 2019 April 2019
Revenue $8,314 $12,239 $4,048
Expenses $4,269 $5,968 $1,954
Net Profit $4,045 $6,271 $2,094

Business Description

20 Four Hours is a dropshipping business run on Shopify. We promote our products, which include leather and metal strap watches and bracelets for men via Facebook and Instagram. Once an order is placed, we notify our suppliers who fulfil and ship orders. Shipping time is 14 days. We do not hold any stock.

How does your business make money?

20 Four Hours makes money from a small range of men’s watches and bracelets. I use Facebook and sometimes Google Adwords. Our watches are priced between $40 and $150. Our profit margin is approximately 55-58%.

Why should someone buy this business?

This is a profitable business with a great reputation, great customer service and fast shipping times. This is a great opportunity for an experienced marketer or someone looking to start an online business. We are happy to provide post-sale support for a period of 3 months.

How can the future owner improve this business?

There is an opportunity to improve this business via digital marketing. The future owner could also expand the product range and improve shipping times.

Why are you selling this business?

I want to sell this business to move into a different industry.

Business Strengths

  • Customer Service
  • High Profit Margins
  • Low Return Rate
  • Turn-key Operations

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve or Outsource Operations

Key day-to-day operations

  • Launching New Products
  • Order Fulfilment

Marketing

  • Facebook Advertising
  • Google Adwords

Assets

  • Brand assets
  • Customer databases
  • Marketing materials and collateral
  • Website files, source code and content
  • e-Commerce platform accounts

Post sale support

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

Included

About the Seller

Linda Chinenye Williams

United States

I am a young woman living in the United States, I am a simple woman who appreciates the small things in life.

Contact