Flippa
FOR SALE
Business Name

QuiltersDeals.com

Business Model
e-Commerce
Industry
Hobbies and Games

$80,000

Asking Price
Multiple 2.4x

+ $0 Inventory

Market leading Quilting e-commerce store - over $1.1m revenue in 3 years. Used to learn FB ads, now runs passively.
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
$334,008
Annual Expenses
$300,269
Annual Net Profit
$33,739
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 $15,433 $5,568 $10,036
Expenses $12,618 $4,164 $8,312
Net Profit $2,815 $1,404 $1,724
Month March 2019 April 2019 May 2019
Pageviews 23,404 28,615 19,432
Users 8,362 9,550 5,629

Note: Traffic data was provided on May 21, 2019. Enquire for more recent data.

Business Description

Quiltersdeals.com Dropships fabrics & supplies for the craft of Quilting & Sewing. At our height we were hitting 50k revenue per month, with profits of around 10k-15k and very little work (the outsourced team handles most of it)

Since I stopped the FB ads last year i have relied on our huge email list and customer database to get sales without spending on ads. Hence why the last few months are lower income. However, the right person can re-start the ads and make a lot of money again as the systems are in place.

How does your business make money?

Selling fabrics & supplies for the craft of Quilting. Via email marketing, FB ads..etc. We are considered the market leaders in this space. With a database of 60k+ women over 55 years of age, this valuable data can be used for affiliate offers or digital products. We are including an ebook guide we created to match our best selling product.

Why should someone buy this business?

This is suitable for someone who understands marketing and wants an already proven business to scale.

After I crossed $1m revenue I had achieved my personal goal, and learned what I needed to about fb ads. I now have moved onto other projects and want to be clear of this asset.. It is perfect for someone who wants a winning selection of proven products and wants to add their own marketing to the business. We haven't used FB ads for a long time and solely rely on our 60k+ email list for sales and my work has been hands off for well over a year..

How can the future owner improve this business?

The new owner can start FB adverts again, add a proper email newsletter or product emails to increase revenue..
The store could do with a rebranding. It has a lot of opportunities, I just don't have the drive for it anymore and someone else should get the rewards.

I have been hands-off for over a yearand I had a staff of 3 when we were doing 50k+/month.. Right now, there is a store manager who handles everything. You would add someone to the team to do ads or make the email better, and that is all that is needed.

Why are you selling this business?

This store was used as a personal challenge to test my own marketing knowledge. I reached my target of $1m quite quickly and since then I haven't really found a driving reason to continue with it. I used to do the FB ads but these days I don't have the time, so now it's a passive thing for me. I'd like to get a chunk of cash for it and put it in the hands of someone else who's life it could change. I have moved onto other projects and I'm no longer involved in e-commerce so this is not relevant to me anymore. It is hands off if you want it to be. There is staff in place that runs it all, hired via upwork and their contracts can be transferred if needed. They handle new products, email marketing (very basic) customer service and social media. I will grant access and be completely transparent in everything I offer here. I will also act as a consultant to help the buyer, although as things are setup to be 'passive' - this is a very easy business to take on and grow.

Business Strengths

  • Evergreen Niche
  • Length of Operation in Niche
  • Lots of Repeat Customers
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Introduce Further Revenue Streams
  • Increase Basket Size Per Customer

Key day-to-day operations

  • Customer Support / Service
  • Order Fulfilment

Marketing

  • Email Marketing
  • Facebook Advertising

Inventory

Units
0
Value
$0

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Relevant email accounts
  • Social media accounts
  • e-Commerce platform accounts

Social Media

Facebook
14K followers
Twitter
0 followers
Instagram
0 followers

Post sale support

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

Included

About the Seller

Gavin Bannerman

Verified Account

United Kingdom

Internet marketer. Started this site back in 2016 as a challenge to myself and to learn FB ads. Crossed $1.1m in under 18 months. Another business of mine allowed me to be financially free, and I feel this ecommerce store should go to someone who will use it fully.

Contact