Flippa
FOR SALE
Business Name

TheDropshipToolkit

Business Model
SaaS
Industry
Electronics

$5,000

Asking Price
Multiple 2.2x
A suite of dropshipping tools that helps dropshipping business owners succeed in dropshipping.
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
2018
Full-Time Staff
1 to 10
Annual Revenue
$2,400
Annual Expenses
$100
Annual Net Profit
$2,300
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 $0 $200 $250
Expenses $0 $1 $1
Net Profit $0 $199 $249
Month March 2019 April 2019 May 2019
Pageviews 0 7,667 3,663
Users 0 668 906

Note: Traffic data was provided on May 20, 2019. Enquire for more recent data.

Business Description

The goal of the business is to provide dropshipper with a one-stop platform for all their dropshipping needs. The website includes tools such as Price analysis, Competitor Analysis, Marketing Analytics and more.

Revenue is generated on a subscription basis.

How does your business make money?

Monthly Subscription. Price has been tested at 3 different price point and has since settled at its current state.

There is also an opportunity for an affiliate link to be included to leverage on affiliate commission for other complementing software recommendation.

Why should someone buy this business?

Website Is Ready
The website is fully built and functional. It is ready to be marketed and start increasing revenue. All the marketing that has been done thus far has been organic reach.

Can Start Focusing on Marketing.
The new owner should explore paid marketing channels or could also explore affiliate marketing as an affiliate marketing system has been implemented on the platform already.

Process Automated.
The content for the website is already automated. The whole business revolves around automation (automating the competitor analysis, pricing analysis and more).

Months of Development Work Done.
It is uncommon to see a SAAS business with hours of work put in, but I got carried away as I really enjoyed building this tool and especially working on all the automation features which were my goal when starting this business.

Post Sale Support Provided
I will be providing post-sale support to ensure the transition is smooth especially on the technical end of things.

How can the future owner improve this business?

MARKETING
1) Grow an affiliate network and start utilizing the affiliate system that has already been built.

2) Retarget the mailer list

3) Paid marketing channels.

Documentation of competitor analysis and their affiliate payout prices which will also be handed over.

FOCUS ON MARKETING
All current competitor at our price range has fewer features that our product so new features are not necessary for the short term (6-12months).

EXPERIMENT WITH PRICE
The new owner could also explore getting into a higher price range which I have not explored. I started at a low price and increment it from there. Three price points tested.

There are competitors with a much higher price range with somewhat similar or slight more product offering so this is definitely something new to explore.

There's not much for the product side of things as product-market fit has been achieved especially at the current offering and at the current price.

Why are you selling this business?

I am selling this business as I am currently focusing on my other SAAS business. TheDropshipToolkit started off as a project to solve my own problem which I then saw an opportunity to turn it into a SAAS business. All the revenue has thus far been generated through organic channels. I saw this as a potential marketing channel so I integrated an affiliate system into the platform but did not eventually get to ramp up with it. Managing one SAAS business is hard enough so I am going to stick with my other SAAS business which has already gained traction.

Business Strengths

  • Evergreen Niche
  • High levels of Automation
  • Low Time Commitment Required
  • Scalable Business Model
  • The Business Is Currently Growing

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Website Maintenance
  • Content marketing

Marketing

  • Affiliate Marketing
  • Email Marketing
  • Word of Mouth

Assets

  • Brand assets
  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • 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

Zufar Adnan

Verified Account

Singapore

A solo SAAS founder that find joy in building software and making the world a better place.

Contact