Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Home and Garden

$75,000

Asking Price
Multiple 1.5x

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This business, which sells a unique & highly profitable product present in most homes, has generated over $50,000 in profit in only 3 months! Completely automated as of 06/22/19
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
2018
Full-Time Staff
1 to 10
Annual Revenue
$440,010
Annual Expenses
$389,436
Annual Net Profit
$50,574
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 $123,198 $101,926 $216,782
Expenses $100,921 $92,477 $195,988
Net Profit $22,277 $9,449 $20,794
Month April 2019 May 2019 June 2019
Pageviews 65,738 141,905 29,883
Users 32,693 68,498 14,639

Note: Traffic data was provided on June 22, 2019. Enquire for more recent data.

Business Description

This business sells a single, highly sought after product in the home and garden niche. The product comes in various colors and sizes and is one which appears in most homes. The product is made from high-quality materials, is durable, long-lasting, lightweight, easy to clean and machine washable. The average order value is $75.00. The business started using a dropshipping model but we have since established a long-standing relationship with a supplier who fulfils all our orders. We have upgraded both the product and packaging as well as of 06/22/19. We have a VA who handles all customer queries. We ship FREE in the United States and delivery time is between 3 and 7 days. Worldwide shipping is also provided with a 7-10 day delivery date. We drive traffic to the website and generate sales primarily through Facebook/Instagram advertising as well as some Google Adwords. We have also hired a marketing expert. I currently spend between 10-30 minutes per day on the business.

How does your business make money?

We make money from the sale of our product on our website.

Why should someone buy this business?

This is a great, highly sought after product with great branding. Sales have been high since March 2019. Our product has good reviews and our customer service levels are highly regarded. All the hard work has been done in sourcing the supplier. I am prepared to assist the new owner with learning the day to day operations. It's mostly about delegating with the marketing, customer service, and supplier team.

How can the future owner improve this business?

There are so many ways the future owner can improve the business. I have a vision for the brand and am willing to share this with the future owner via a conference call. There is an opportunity to invest further time and resources into Facebook and Instagram advertising, as well as email marketing, remarketing and paid advertising via Google Adwords and Google Shopping.

Why are you selling this business?

I am currently in the process of launching an app. That is really where my passion lies and capital is something that I need for the development of the app (hence why I am selling this business). I am including everything with this business as well as my strategy into how I scaled this store so quickly. This is honestly a golden product. It is needed all year round (that's where you can use the email list to bring existing customers back). I have set up all of the systems to make this business into a half a million dollar per month very attainable. Shopify currently values this business at around $155,340 after less than three months of being opened. If you're interested I do suggest you jump on this and contact me at your earliest convenience.

Business Strengths

  • Customer Service
  • High levels of Automation
  • Low Time Commitment Required
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Managing Staff
  • Supplier Relationship Management
  • Content marketing

Marketing

  • Facebook Advertising
  • Google Adwords

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Relevant email accounts
  • Social media accounts
  • Toll-free numbers
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
550 followers

Post sale support

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

Included

Confidential

Verified Account

United States