Flippa
FOR SALE
Business Name

Three Snails Corporation

Business Model
Marketplace
Industry
Design and Style

$40,000

Asking Price
Multiple 1.5x
Creative products directly from manufacturers from undiscovered countries.
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
2015
Full-Time Staff
1 to 10
Annual Revenue
$311,531
Annual Expenses
$285,071
Annual Net Profit
$26,460
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019
Revenue $30,686 $32,867 $33,523 $25,571 $16,066 $20,573 $22,380 $24,828 $17,859 $17,294 $15,498 $10,052
Expenses $24,480 $26,006 $26,466 $20,900 $14,246 $17,400 $18,670 $20,380 $13,501 $13,105 $11,988 $8,500
Net Profit $6,206 $6,861 $7,057 $4,671 $1,820 $3,173 $3,710 $4,448 $4,358 $4,189 $3,510 $1,552
Month Pageviews Users
October 2018 35,148 9,166
November 2018 40,502 8,654
December 2018 122,274 27,630
January 2019 44,199 10,480
February 2019 35,041 8,196
March 2019 20,441 5,250
April 2019 17,210 4,499
May 2019 26,032 6,348
June 2019 11,269 1,463
July 2019 15,107 3,965
August 2019 10,430 3,271
September 2019 12,110 3,867

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

Business Description

We created the online marketplace where manufacturers can upload their products by themselves. For the moment we work with creative manufacturers from undiscovered countries and because of this our project has a social mission of helping suppliers from economically undevelopped regions to reach the global market. Our strongest categories are jewelry, products made of natural wool, wood, leather and cotton. For selling the products of our manufacturers we use our own website, social media, Amazon, Ebay and Etsy accounts. Our business requires strong knowledge in SEO, FB, Insta and Google advertising
Selling unique creative products we have a margin starting from 20 to 50% per each order. Besides this our project works as a marketplace generating profit from manufacturers while they pay for listings, FB and Insta advertising and PR promotion.

How does your business make money?

  1. We make money from the difference between purchase price and selling price. The profit is between 20 and 50% per order.
  2. Working as a marketplace we generate profit from manufacturers for digital advertising, content and logistics services.

Why should someone buy this business?

This business should buy the one who is interested in a good professionally created online marketplace with all set marketing tools. Secondly our project is good for those who wished to collect a good base of suppliers from Ukraine, India, Thai and Bali. Also the business is very good for those who want to make a business as a social entrepreneur.

Why are you selling this business?

I wished to change the country of living and my employment.

Business Strengths

  • High Profit Margins
  • Outsourced Order Fulfilment
  • Strong Manufacturing Relationships
  • The Business Is Currently Growing
  • Overall Market Size

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Supplier Relationship Management
  • Product Sourcing and Design
  • Website Maintenance
  • Adwords Maintenance

Marketing

  • Facebook Advertising
  • Instagram Advertising
  • SEO

Inventory

Units
0

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
24K followers
Twitter
2.6K followers
Instagram
25K followers

Post sale support

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

Included

About the Seller

Elena Vechkanova

Ukraine

Entrepreneur | Founder and CEO at Three Snails Corporation | Senior Managing Partner at HARARUK jewelry

Contact