Flippa
FOR SALE
Business Name

Loving Watches

Business Model
e-Commerce
Industry
Design and Style

$980

Asking Price
Multiple 0.1x
Premium eCommerce dropship store selling high quality watches and making over $1500/month in net profit.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Singapore
Date of Founding
2019
Full-Time Staff
-
Annual Revenue
$23,058
Annual Expenses
$11,968
Annual Net Profit
$11,090
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 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019
Revenue $2,048 $3,882 $4,164 $2,845 $3,273 $2,916 $3,931
Expenses $1,172 $1,911 $2,318 $1,360 $1,708 $1,428 $2,071
Net Profit $876 $1,971 $1,846 $1,485 $1,565 $1,488 $1,860
Month Pageviews Users
December 2019 44,192 39,483
November 2019 40,505 34,972
October 2019 46,338 37,836
September 2019 50,141 40,728
August 2019 38,460 31,425
July 2019 35,993 22,008
June 2019 15,325 8,156
May 2019 0 0
April 2019 0 0
March 2019 0 0
February 2019 0 0
January 2019 0 0

Note: Traffic data was provided on 11 January 2020. Enquire for more recent data.

Business Description

Lovinwatches.com was established in June 2019 and is a Dropshipping store selling popular fashion watches.

The store currently has hundreds of customers in the United States and Canada and has sold more than 860 orders in the past six months. The profit margin per order is above 50%.

The accessories and watches business has grown significantly over the past few years, and Lovinwatches.com is well positioned in the market with huge growth potential.

How does your business make money?

This store has been launched in Jun 2019 and got over 866 orders and over $23,100 in gross sales and over $11,300 in pure profit.( that's in 7 months time).

We filled with only top-selling products provided by proven suppliers in China. Most of the processes are automated or at least semi-automated, so this store can be easily managed by everyone - no special skills required.

Why are you selling this business?

I manage over 30 websites with my team and we have decided to sell a part of them to fund another project.We create new niche stores like this to test potential products for my main store. We can then sell the store on and offset any monetary and time investment,so we can focus and raise only a couple of websites. giving us the data that I want, and giving you an awesome converting store created by an expert.

The important thing is,We hope to find a suitable and friendly operator for old customers.It’s a win-win.

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.

Included

About the Seller

Zhang Haisong

China

Website design & online marketing expert

Contact