Flippa
SOLD!
Business Name

Shred Squad

Business Model
e-Commerce
Industry
Health and Beauty

$700

Asking Price
Multiple 1.8x
Shred Squad is a Dropshipping Health & Supplement online store for Australia.
This business owner has manually entered their financials

Facts and Figures

Location
Australia
Date of Founding
2019
Full-Time Staff
Owner Operated
Annual Revenue
$1,000
Annual Expenses
$600
Annual Net Profit
$400
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

Shred Squad provides a huge range of Health, Beauty & Nutrition products through Australia via a Dropship Supplier in Australia. There is potential for a new owner to grow and develop this business via advertising, Google, Social Media etc. The Industry is forever growing as more people are looking for a healthier lifestyle- so the possiblities are endless. There is also plenty of opportuinty to find different products and suppliers.

How does your business make money?

As this is a dropship model, overheads are extremely low, as there is no need to purchase stock. Simply let your customers place an order from you online, and you receive payment immediately, then place your order via supplier and they will deliver directly to the customer. As it is set up, the average profit margin is 25-35%.

Why should someone buy this business?

This is a great business for someone passionate about health and wellness. Ideal for someone who knows a bit about marketing potential, and it is a business that would be easy to manage.

How can the future owner improve this business?

Since this business was set up, I went in a different direction with another business, and this business has the potential for someone that will nurture it, and put efforts into marketing. Social media strategies and Google would be ideal. You have the potential to expand this and make it your own. Possibilities are endless! Currently only delivering in Australia via the current supplier, but the potential to expand globally if you find different suppliers who will ship globally.

Why are you selling this business?

I built this business but life took me in a different direction and it is a great oppportunity for someone starting out who wants to be their own boss.

Business Strengths

  • Evergreen Niche
  • High levels of Automation
  • Low Time Commitment Required
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Introduce Further Revenue Streams
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Supplier Relationship Management
  • Content marketing
  • Adwords Maintenance

Marketing

  • Facebook Community Management
  • Google Adwords
  • Instagram Community Management

Assets

  • Domains
  • 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

Ingrid Bloom

Verified Account

Australia

I have been studing ECommerce for the past couple of years and really enjoy building websites and businesses. I have been working in business, marketing and Fashion for several years.