Flippa
FOR SALE

Reef Swimwear

Business Model
e-Commerce
Industry
Design and Style

$8,750

Asking Price
Reef Swimwear is a dropshipping business that has proven to be profitable since its launch in September 2018.
This business owner has manually entered their financials

Facts and Figures

Location
Lithuania
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$80,316
Annual Expenses
$36,144
Annual Net Profit
$44,172
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.

Business Description

Reef Swimwear has successfully utilized the dropshipping model to become a profitable business. Swimwear is purchased cheaply from a supplier based in China, allowing for high-profit margins. The supplier ships the items directly to customers, so it is not necessary to keep inventory. This business is ideal for a buyer looking for a passive source of income. Supplier information is included in the sale.

How does your business make money?

As the business name implies, Reef Swimwear is focused on selling swimwear produced in China. With good branding and low product cost, the business is able to consistently turn a profit. Currently, the seller spends approximately 6-7 hours a week working on the business.

Why should someone buy this business?

The business was designed by someone experienced in dropshipping. It is already a revenue-generating business so all the new owner has to do is continue and improve on what has been built. English is not the seller’s first language, but the seller is willing to offer support to the buyer.

How can the future owner improve this business?

The new owner can add to the range of sizes currently available to accommodate more body types; this would increase the number of customers.

Why are you selling this business?

I am wishing to pursue becoming a nurse, this alone is consuming a lot of my time. I also have feel out of love with working online with business. I will also be using funds to help my mother with medical bills who is unfortunately very ill.

Business Strengths

  • High Profit Margins
  • Low Return Rate
  • The Business Is Currently Growing

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Launching New Products
  • Order Fulfilment

Marketing

  • Google Adwords
  • Influencer Marketing
  • Instagram Advertising

Inventory

Units
-
Value
-

Assets

  • Brand assets
  • Website files, source code and content
  • e-Commerce platform accounts

Post sale support

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

Included

About the Seller

Private Seller

Victoria Voronkina

Belarus

Hi, I'm Victoria, I'm not very good at English language. But I give my best efforts to the buyer of this business and will always try to meet expectations and help when possible.

I work online with this business as a side job, and it now is quite reliable income for me, I sell now because I am exploring education options. I wish to become a nurse.

Contact Seller