Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Business

$1,250,000

Asking Price
Multiple 1.8x

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Established Drop-shipping E-Commerce Website
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Canada
Date of Founding
2017
Full-Time Staff
1 to 10
Annual Revenue
$1,551,906
Annual Expenses
$845,000
Annual Net Profit
$706,906
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 April 2019 May 2019 June 2019
Revenue $73,775 $16,799 $36,004
Expenses $30,000 $5,000 $15,000
Net Profit $43,775 $11,799 $21,004
Month May 2019 June 2019 July 2019
Pageviews 283,426 603,294 289,299
Users 60,833 136,842 68,419

Note: Traffic data was provided on 16 July 2019. Enquire for more recent data.

Business Description

Dropshipping website that sells clothing (men, women, kids), electronics, jewelry, accessories, makeup & more. Products automatically shipped directly to customer from the manufacturer after successful payment made.

How does your business make money?

We make money from selling these products, and creating a healthy markup in the supplier's original prices to create a profit after all fees & expenses are covered.

Why should someone buy this business?

  • Turnkey: automated solutions make it effortless to take over.
  • Profit generating machine that requires almost little to no maintenance.
  • 5 VIRTUAL ASSISTANTS OVERSEAS handle ALL customer service, order placements etc. All you do is make sure you put back the money into whatever is necessary to keep the engines running (paying employees, paying for ads and paying for customer orders/shopify subscriptions & applications)

Turnkey business. Daily profit generation with no work required other than keeping your automatic ads/marketing active.
Many advertising/sales avenues have not been explored (such as Facebook, Bing, influencers, etc..)

How can the future owner improve this business?

  • Establish healthy relationship with reputable payment processors (avoid payment aggregates) - and ensure your chargeback rate remains close to 0%.
  • Focus on customer support (phone support especially) and providing a seamless process to resolve all customer disputes, and handling them before they are filed as chargebacks.
  • Focus on providing quality, in regards to website design & general layouts, along with the ease of providing quantity.
  • Develop a system to weed out any potential risks/bad products before they create issues (intellectual rights, copyrights, branded goods, or any goods that your payment processor does not support).
  • Hire the right people not just based on pricing -- hire an IN-HOUSE developer that can do exactly what you envision. Avoid overseas hiring for important tasks such as this, and don't always look at "cheap".

Why are you selling this business?

I am going into real estate and buying properties and taking a break from e-commerce

Business Strengths

  • High levels of Automation
  • High Profit Margins
  • Scalable Business Model
  • Turn-key Operations
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Introduce Further Revenue Streams

Key day-to-day operations

  • Launching New Products
  • Order Fulfilment
  • Adwords Maintenance

Marketing

  • Affiliate Marketing
  • Email Marketing
  • Google Adwords

Assets

  • Custom technology
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Toll-free numbers
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
150K followers
Instagram
75K followers

Post sale support

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

Included

Confidential

Verified Account

Canada