Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Lifestyle

$60,000

Asking Price
Multiple 0.8x

+ $6,825 Inventory

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This online store and drop-shipping business sells smartwatch and fitness tracker accessories. It has generated over $1.1m in sales in 24 months and has an email list of 30,000!
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$504,552
Annual Expenses
$433,584
Annual Net Profit
$70,968
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

This popular online store sells a wide range of high-quality, stylish accessories to suit smartwatches and fitness trackers by Apple, Samsung and FitBit. We offer free trackable worldwide shipping on all orders and have generated over $1.1 million in sales in 24 months. Our email list has over 30,000 subscribers.

How does your business make money?

We make money from high margin, direct to consumer product sales.

Why should someone buy this business?

The global smartwatch business was valued at approximately $10 million in 2017 and is projected to exceed $30 million by 2025. Consumers are today increasingly health aware and the demand for smartwatches and wireless, wearable fitness and health trackers is at an all-time high! With an increasing demand for wearable technologies, comes an increasing demand for great quality accessories!

This business has proven extremely successful and has earnt a great reputation in the smart watch accessory market. I have over 10 years of digital marketing experience. I built this website from scratch to ensure it will last and withstand the competition. I will be on hand post-sale to teach you to run ads on the website for maximum return. The price also includes a seasoned Facebook pixel and an email list with over 32,000 subscribers.

How can the future owner improve this business?

A future owner can improve and grow this business by employing more thorough pricing strategies and promotional campaigns. A future owner can also make use of email marketing and social media marketing to help drive traffic to the website and increase sales. To date, I have invested little time in email or social media marketing. This is a huge opportunity!

Business Strengths

  • High Profit Margins
  • Length of Operation in Niche
  • Lots of Repeat Customers
  • 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

  • Customer Support / Service
  • Design & Production
  • Reporting
  • Order Fulfilment

Marketing

  • Email Marketing
  • Facebook Advertising
  • Google Adwords

Inventory

Units
1,300
Value
$6,825

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Relevant email accounts
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
7.2K followers
Twitter
3.6K followers
Instagram
2.7K followers

Post sale support

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

Included

Confidential

United States