Flippa
FOR SALE
Business Name

Sewtag

Business Model
Marketplace
Industry
Hobbies and Games

$5,000

Asking Price
Multiple 2.0x

+ $0 Inventory

Sophisticated dropshipping storefront targeting the evergreen sewing niche with 86.8k monthly viewers on Pinterest
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
2017
Full-Time Staff
Owner Operated
Annual Revenue
$3,225
Annual Expenses
$712
Annual Net Profit
$2,513
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 June 2019 July 2019 August 2019
Revenue $0 $65 $96
Expenses $57 $57 $57
Net Profit -$57 $8 $39
Month Pageviews Users
July 2019 0 0
August 2019 0 0
September 2019 2 1

Note: Traffic data was provided on 26 September 2019. Enquire for more recent data.

Business Description

Our business is targeting the evergreen sewing niche and makes it possible for people to start sewing or to continue improving their skills in affordable, and at the same time profitable for us. We let our customers discover everything they need for their next project, with fantastic offers and exciting new products including great deals on sewing material.
Flippas valuation calculator is calculated using historical sales data after have sold over 250,000 businesses. I had a period where I had $422k Revenue in 20 Months. But the whole business har been on ice the last 6 months.

How does your business make money?

This is an actively running Dropshipping Store, we sell high-quality sewing supplies to Millions of Sewing/Craft Enthusiasts. Most of the products listed in the store are Unique and High Selling Items. According the Valuation calculator that Flippa provides the business is worth between $45,198 to $55,242. Our Audience loves the sewing tools which could make their life easy by providing different products which could get their task done in short time.

Most of the items listed in our store are shipped via e-packet. We provide a tracking number to our buyers so that they can track their orders Easily.

https://www.pinterest.se/sewtagstore/

Why should someone buy this business?

I am an E-commerce entrepreneur with multiple stores, I bought this business in the beginning of the year because of all the potential I saw in the business but I I am selling this store due to lack of time as I am already running few general and brand-related stores, I put all me energy to create a new design profile and logo and so on. So there graphic template for all social media with banners and logos. I am not able to give this store proper time and efforts which it deserves. I have not had any marketing for almost six months.

Transfer of all ownership elements of sewtag.com which includes
- Shopify store, theme and drop shipping plugin
- An email list with more than 19284 Highly Active Buyers and Repeat Customers.
- Optimised conversion funnel.
- Email marketing to target customers after abandoning check i several stages.

Our customer really appreciates that we have Paypal and Stripe as payment options and tracking, and suppliers who are quick to deliver.

Why are you selling this business?

I have bigger projects that need my time and if feel stupid too just let it die both for me and the customers. I think this store have a lot of potential so I'm selling so it can live on. The money from this project will go directly in to my new project so maybe there will be some collaboration in the future.

Business Strengths

  • Large Customer Database
  • Lots of Repeat Customers
  • Low Return Rate
  • Passive Revenue
  • Strong Manufacturing Relationships

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Develop New Features

Key day-to-day operations

  • Content marketing

Marketing

  • Email Marketing
  • Facebook Advertising
  • Instagram Advertising

Inventory

Units
0
Value
$0

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Relevant email accounts
  • Social media accounts

Social Media

Facebook
1.6K followers
Twitter
0 followers
Instagram
40 followers

Post sale support

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

Included

About the Seller

Anton Carlsson

Sweden

30years oldish something work in in IT, testing out different ways of earning money online while sleeping, but it is always been just a hoppy creating stuff online.

Contact