Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Design and Style

$159,900

Asking Price
Multiple 1.7x

To access this listing you will need to sign an NDA

Sign NDA for access
This is a drop shippin store that produces $8k monthl net profit without any advertising spend. with over 52,000 subscribers and 10,950 ambassadors/models and over 62k IG followers
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
$211,704
Annual Expenses
$117,353
Annual Net Profit
$94,351
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 March 2019 April 2019 May 2019
Revenue $18,812 $18,428 $16,476
Expenses $10,479 $10,008 $9,153
Net Profit $8,333 $8,420 $7,323
Month April 2019 May 2019 June 2019
Pageviews 142,080 129,849 16,880
Users 15,572 14,520 1,981

Note: Traffic data was provided on June 05, 2019. Enquire for more recent data.

Business Description

This is a drop shipping store in the women’s fashion category that has mastered the free pus shipping model and Instagram engagement to the point of having 43% net margins WITHOUT any advertising spend and through the implementation of automated procedures. Contact me after signing NDA and I ca send a full Business Profile if need be.

How does your business make money?

We make money buying selling woman's clothing on the "Free plus Shipping" model, making a profit on the shipping. On the Free Plus Shipping, we have an average Gross Profit (or COGS) of 50%. This is an “after advertising” margin since there are no advertising costs associated with this. The non-free (or non-free plus shipping) products gave gross margins of approximately 80%. We pay the Vas approximately $700 a month and we have approximately $200 in Shopify related app monthly fees. That is why we have an approximate $8k net profit a month business on approximately $17k of Revenue per month

Why should someone buy this business?

This store has incredible SCALABILITY potential. You can leave the online shop unchanged and earn approximately $8k a month passively. Or to increase the revenue you can 1) Add Facebook and/or Google advertising. We have done NO Facebook or Google advertising so this fertile ground and an immense opportunity to scale without interrupting the free plus shipping model, 2) Create solid Email Marketing Campaigns. We currently do not do email marketing Target and retarget the 50k+ email list which has essentially bee untouched, 3) we recommend advertising with influencers. Advertising, email marketing, and influencers can easily increase the revenue in the long term well by at least 200-300%. Depending on what your budget is for ad spend, you could easily turn this into a million-dollar business.

How can the future owner improve this business?

As mentioned, this store has incredible SCALABILITY potential as we have done NO adverting. You can immediately grow and scale this business by 1) Add Facebook and/or Google advertising. We have done NO Facebook or Google advertising so this fertile ground and an immense opportunity to scale without interrupting the free plus shipping model, 2) Create solid Email Marketing Campaigns. We currently do not do email marketing Target and retarget the 50k+ email list which has essentially bee untouched, 3) we recommend advertising with influencers. Advertising, email marketing, and influencers can easily increase the revenue in the long term well by at least 200-300%. Depending on what your budget is for ad spend, you could easily turn this into a million-dollar business.

Why are you selling this business?

So you might be wondering at this point why I am selling such a successful business. It was a tough decision to make as to whether or not I should hold on to the store. Long story short, I do not have the skill sets such as Facebook advertising and Google Adwords and email marketing to really scale this. And I have long term business goals in mind and in order to obtain them I need to let some things go. This store is one of them. This store has proven to be very profitable. However, it could be even more successful when in the hands of someone who can give it their all using the skillsets to scale it.

Business Strengths

  • High levels of Automation
  • High Profit Margins
  • Large Customer Database
  • 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

  • Managing Staff
  • Bookkeeping
  • Launching New Products

Marketing

  • Influencer Marketing
  • Instagram Community Management

Assets

  • Customer databases
  • Domains
  • Policy and Process documents
  • Social media accounts
  • Vendor contacts
  • e-Commerce platform accounts

Social Media

Facebook
200 followers
Twitter
0 followers
Instagram
63K followers

Post sale support

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

Included

Confidential

Verified Account

United States