Flippa
FOR SALE
Business Name

Houux

Business Model
e-Commerce
Industry
Health and Beauty

$8,000

Asking Price
Multiple 1.0x
Online Store drop shipping high ticket saunas and hot tubs from US based suppliers with $117,000 in sales.
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
Owner Operated
Annual Revenue
$118,940
Annual Expenses
$110,612
Annual Net Profit
$8,328
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 May 2019 June 2019 July 2019
Revenue $0 $0 $0
Expenses $30 $30 $30
Net Profit -$30 -$30 -$30
Month June 2019 July 2019 August 2019
Pageviews 610 919 85
Users 308 295 42

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

Business Description

Houux is a high ticket drop shipping business. Unlike many other drop shipping businesses, this store drop ships expensive products between $500-$1500 from suppliers in the United States. The store is an approved dealer with various US suppliers that offer a discount of 20-30% off their catalog.

The new owner will be provided with 5 days full training (via skype at set times) and a comprehensive video tutorial course. Afterwards there will be 30 days of on-going support to ensure the hand off is smooth and secure.

How does your business make money?

Drop shipping items like saunas, hot tubs and salon chairs to customers via Google Shopping advertising.

Most of our suppliers offer a 20-30% discount off of their catalog with an average sale price of $1100. This works out at roughly $200-$300 gross profit per sale.

Minimum advertised pricing is enforced with all resellers so the competition is not based of undercutting.

Why should someone buy this business?

This store has had a lot of time and energy dedicated to it. Literally hundreds of hours spread across supplier negotiations, website optimization and order fulfillment.

Unlike the popular Aliexpress drop shipping model, high ticket drop shipping has a much higher barrier to entry which equates to lower competition in the advertising space.

The sales generally range between $500 on the low end and $2000 on the higher end with a gross profit between 20-30%. Generous margins allow for relatively stable profits long term.

Much of the heavy lifting has been completed. Now what is required is organization with the suppliers to ensure all prices and inventory are up to date.

Once this is updated, advertising is the next task. This store primarily sells through the Google shopping platform with a little bit of Facebook retargeting. These ad platforms do not take a lot of time to set up as the technology does most of the work for you.

Why are you selling this business?

I am selling this business because like many eCommerce business owners, I own other eCom stores that are growing in demand and time. My goal this year has to been to reduce the load of 'side-projects' and sell some of my drop shipping stores that I no longer can commit to. As the new owner of this store, you will also become part of a network of very successful eCommerce business owners.

Business Strengths

  • High Barrier of Entry to Market
  • High Profit Margins
  • Scalable Business Model
  • Strong Recuring Revenue
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts
  • Advance or Explore Retail / Distribution Partnerships

Key day-to-day operations

  • Customer Support / Service
  • Managing Inventory
  • Order Fulfilment
  • Website Maintenance
  • Adwords Maintenance

Marketing

  • Email Marketing
  • Facebook Advertising
  • Google Adwords

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Policy and Process documents
  • Relevant email accounts
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts
  • Google Adwords

Post sale support

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

Included

About the Seller

Felix Page

Verified Account

New Zealand

E-Commerce Business Owner, Digital Marketer and Saas Enthusiast hailing from Wellington New Zealand. I have been involved in the eCommerce space since 2015 and own several eCommerce stores. Every now and then I will sell a store that I have built from scratch and grown sales to $100K plus. Who will be the next foster parent for one of my babies?

Contact