Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Design and Style

$195,000

Asking Price
Multiple 3.7x

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This well-established online store sells a range of fun, quality products, from jewelry to clocks, apparel and trinkets and has had over 124,000 customers since opening in 2016.
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
2016
Full-Time Staff
1 to 10
Annual Revenue
$821,454
Annual Expenses
$769,019
Annual Net Profit
$52,435
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 $121,213 $89,045 $45,657
Expenses $108,577 $83,788 $55,128
Net Profit $12,636 $5,257 -$9,471
Month March 2019 April 2019 May 2019
Pageviews 179,268 106,579 41,439
Users 74,813 43,389 17,324

Note: Traffic data was provided on May 13, 2019. Enquire for more recent data.

Business Description

We sell a diverse range of high-quality and fun products. All products are organized by niche and promoted through paid social media advertising. This is a drop-shipping store so we hold no inventory. We currently have 500+ products listed on the website. Our collections are organized by niche and they include Dino, Skull, Buddha, Dragon, Health, Unicorn, Puppy and Astrology.

We have over 188,000 social media followers. We offer a 60-day money back guarantee, 24/7 customer service support, worldwide shipping and safe, reliable payment via PayPal or credit/debit card.

How does your business make money?

We make money from product sales on our website. Orders are placed through our website and automatically sent to our supplier who fulfills those orders. The customer is then providing with tracking information. During the busy months, we have over 3,000 orders per month! Our average gross profit of products is over 70% and after advertising expenses, you can expect net profit of 10-20% on most items.

Why should someone buy this business?

Want a business that allows you to grow in time and financial freedom? Looking to buy a business that has processes, staff and procedures in place? Are you passionate about serving customers and making profits? Then this is the business for you! Our business has been around since September 2016, requires less than 20 hours per week to run as the owner, has remote staff managed by project managers, and acquires NEW customers (and profits!) every day.

How can the future owner improve this business?

The future owner can improve the business by continuing to invest time and resources into organic social media engagement to build customer relationships. We have also done little work on search engine optimization. While Facebook is certainly an excellent source of traffic, the future owner may look to diversify advertising across other platforms, such as Google, Pinterest and YouTube. The future owner may also look to continue to expand the product range, into different niches and across other themes.

We have an email database of over 124,855+ emails!

Why are you selling this business?

Our online store has grown from "good" to "GREAT!" As we prepare for the MOST profitable time in the e-commerce retail industry, we want to give this opportunity to you, our buyer. We love and cherish our store, our customers, and our products so we're looking for a GREAT fit! As the owner prepares to expand his investments, his next opportunity is to buy a business in another state, which will require his focus, time and efforts. The owner will offer ongoing support, training, staff, and resources to make you, our buyer, become successful!

Business Strengths

  • Customer Service
  • Large Customer Database
  • Outsourced Order Fulfilment
  • Scalable Business Model
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Start Selling into New Markets
  • Introduce Further Revenue Streams
  • Increase Basket Size Per Customer

Key day-to-day operations

  • Managing Staff
  • Bookkeeping
  • Launching New Products

Marketing

  • Facebook Advertising
  • Google Adwords
  • Instagram Advertising

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Relevant email accounts
  • Social media accounts
  • Toll-free numbers
  • Website files, source code and content
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
170K followers
Twitter
820 followers
Instagram
14K followers

Post sale support

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

Included

Confidential

United States