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$362,500 USD

Private listing #356050

Appears in Electronics and gadgets , Established stores, United States, California, Oberlo stores for sale, Private listings, Dropshipping, Lifestyle, Home Business for sale, Print on demand, Large Business, Dropified Stores for Sale

General description

Why is this business valued at US $362,500?

Value of any business depends on the multiplication of revenue it has generated + value of assets. We have been operating for just the past 6 months and already generated over $1,000,000 in gross revenue with $300,000 in net revenue. We could easily be pitched for at least 2 times of this amount however as this would be a new business for an owner with a learning curve, we have kept the price to simply value our efforts, knowledge you will gain and assets of the business. Our valuation is VERY conservative. We are priced to sell.

Assets included with sale and values:

  • Facebook page with over 85,000 fans (0.50 cents a fan)

  • Email list with over 120,000 subscribers ($1 an email)

  • Automated email marketing funnel (recently setup, already generating $500+ a day. $180,000 a year if you were to keep it as it is and not increase amounts of campaigns or bring in more subscribers)

  • 40,000 customers ($5 a customer)

  • Supplier relationship for all top selling products. This allows us to maximize margins and achieve faster processing & shipping times. He also sources us with trending product suggestions + can supply us with almost any product (Extra value. Free of charge)

  • Facebook advertising campaigns that have generated us over $250,000 in sales (Extra value. Free of charge)

  • An optimized and primed Facebook pixel with over 40,000 customer purchase data, so Facebook knows what kind of customers to target when you're running ads (Extra value. Free of charge)

  • A personal Facebook marketing representative who you can email/call at any time for support and guidance (Extra value. Free of charge)

  • Personal support for 3 months to answer any questions and walk you through everything I have learned to get from $0 to $1mm in revenue within 6 months (Extra value. Free of charge)

How long have you been running this business?

We started operating the business in November of 2017. In about 6 months, we've been able to establish our brand as one of the major leaders in the drop shipping space.
All email subscribers, customers, and fans were acquired within a 6 month period, and have only been marketed too for the past 30 days. The potential for immediate organic revenue there is huge.

Why are you selling the business?
I had started this business while my startup company (which is my passion project) was losing cash every month and growth was slowing down. I love starting new projects with the goal of learning new skillsets and experiences, and I knew this was a great opportunity. It would teach me how to sell products online by developing marketing strategies that would allow me to scale and reach millions of consumers. I also knew this would be a faster/easier route of earning a lot of revenue which was necessary for me fund and continue operating my startup. I’ve been fortunate to achieve both these things and it’s allowed me to pursue my startup full-time now and provided me with a different perspective on how to make people want to buy your product, market it, and grow it. This opportunity has led me into becoming one of the most notable drop shippers. At the age of 21, I was able to start a business and scale it to over $1m in revenue in the first 6 months. If I can do it, anyone can. I’m passionate about learning and teaching others. I will teach you the business A-Z. You will own my store that’s already optimized and ready for scale. I will walk you through how to replicate my success and take it even further. I am no longer in the position to focus on this business and maximize it’s potential. It’s either this or my startup, and I’ve made my decision. The funds from this sale will go directly towards my start up.

Financials and traffic

Average profit/month

$75,000 USD

Average overall profit margin

30%

Average number of sales/month

6,000

Lifetime revenue

$1,719,623.00 USD

Lifetime traffic

3,483,229 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Our subscription costs are mostly allocated by our email marketing service and apps that maximize revenue for the store. They drive a huge ROI. The advertising expenses are always profitable. We only spend $ when we get a return that is sufficient. We never losing money in our advertising. It's always profitable.
Our store is in a place where the more you can invest into advertising, the more you will make. You can scale however you'd like.

Expense item

Cost

Shopify plan

$299.00/month

Subscriptions (ie. Mailchimp, apps)

$2,000.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$60,000.00/month

Employees (Including contractors and freelancers)

$1,500.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Mailing list

125,000 subscribers

Social media followers

90,000 people

Q & A

Do you work with any employees, freelancers, or contractors?

We have a organized group of virtual assistants who collaborate together in their own department chats. We have 5 employees who work together to provide amazing customer service, 2 assistants who handle order fulfillment; processing all orders daily, and 1 assistant who manages all the teams to make sure they're working efficiently. All I have to do is occasionally check in with her to see how the teams are running and she handles the rest. I'm really proud of the team and workflow we've built. They work hourly at $5/hr and are as dedicated as I am in making the business run smoothly and succeed.

Why should someone buy this store?

We have virtually automated almost the entire business operation and set it up for scale. This is a proven store with the numbers to back it up. If you're interested in the drop shipping business or know how to maximize the value of customer data through the backend, this is a huge opportunity for you. The store has been invested heavily into with both time and money, developed to maximize revenue. All the hard & tedious work has been done. I was operating this business by myself, working 20 hours a week. All while traveling Asia, touring China & developing relationships with suppliers. This store can give you that kind of location freedom by allowing you to make money anywhere, with a relatively low amount of time invested. Customer service, order fulfillment, email marketing funnels, content, social following has all been developed already. The foundation is set for you to come in and monetize all our achievements while continuing to grow the business and marketing.

How can the future owner improve the business?

I've done the hard work, now it's time for you to maximize our achievements. I've barely rolled out email marketing to our subscribers, but already am seeing huge results from emails. We also have thousands of push notification subscribers too, which similarly to email, can be monetized for great ROI. You can also nurture our social following to grow the business organically as we already have a great baseline with content + a highly engaged following of over 85,000. There are many ways you can improve on everything the business has already established.

What work have you put into the store?

I've invested thousands of dollars into conversion rate optimization and app integrations which increased revenue by 15% and increased average order values by 25% to over $35 per sale. This has allowed me to scale the business to $20,000+ days, which you will be seeing exactly how.
If you are happy with average $15000 revenue a month, all you need is a weekly marketing email to the existing email list. However it is suggested to bid only if you have additional capital for advertising. This is an easy to advertise business and through Facebook advertising, and you can expect it to bring 20%+ profit every day, irrespective of the amount you invest. So, if you can spend $10,000 a day, its expected return would be $12,500 that day.

How many hours does it take to run this business per week?

20 hours

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