Flippa
FOR SALE
Business Name

Technieco

Business Model
e-Commerce
Industry
Electronics

$150,000

Asking Price
Multiple 1.1x
eCommerce branded store established in 2019 selling electronics items in very high demand. Store has generated over $230,000 in revenue over the last 90 days, filled 40006+ orders
This business owner has manually entered their financials

Facts and Figures

Location
Canada
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$310,000
Annual Expenses
$175,000
Annual Net Profit
$135,000
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 $30,503 $31,874 $159,000
Expenses $22,000 $25,000 $113,000
Net Profit $8,503 $6,874 $46,000

Business Description

Online store of consumer electronics

How does your business make money?

We make money from selling consumer electronics

Why should someone buy this business?

Highly profitable, proven sales and profit

How can the future owner improve this business?

Scale up on the adspend to duplicate revenue

Why are you selling this business?

Simply too busy with other projects to manage the growth.

Business Strengths

  • High Profit Margins
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Adwords Maintenance

Marketing

  • Facebook Community Management
  • Facebook Advertising
  • Influencer Marketing

Assets

  • Brand assets
  • Domains
  • Existing manufacturing relationships
  • Social media accounts
  • Vendor contacts
  • e-Commerce platform accounts

Social Media

Facebook
3K followers
Instagram
2K followers

Post sale support

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

Included

About the Seller

JUlien Heon

Verified Account

Canada

ECOM serial entrepreneur looking to focus on other ventures.

Contact