Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Fast Growing Niche Ecommerce Business - $1mm/year Profit Pace

LISTING DETAILS
Firms For Sale ID:
34461
Vendor reference:
397190
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$3,100,000  
Turnover / revenue:
$2,277,686
Net profit / cashflow:
$730,830

OTHER DETAILS
Reason for selling:
The owner runs this business as a side business for fun and it is not their main focus. Their other main business continues to grow also and they know both will suffer if they do both long term. A new owner that focuses on this business more can really take it to the next level.
Support and training:
Full support and training will be provided. The owner is committed to making it a success for a new owner. 4 weeks of training should be plenty but they are open to discussions on this based on your needs. Team and suppliers will stay in place for a new owner.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is an e-commerce platform with two sites that sell affordable products in various evergreen niches. The Company has contacts in China that drop ship products to customers after the order is placed and the vendors are paid for the items at the end of each day. The business comes with exclusive licensing deals with artists for some products.

The Company utilizes Facebook ads and email marketing to generate sales. Its email list is over 300k people and generates between $1k-4k every time the Company sends an email to the list (recently upwards of $25K/week). Additionally there are big Facebook fan pages (300K+ fans) that are active with customers posting photos of their products.This business is growing fast already and poised for more growth. The run rate based on the last 6 months average is $3.3mm/year in revenue and $897K/year in profit and with basic continued growth should reach $1.2mm/year in profit.


Highlights & Key Assets:

-Evergreen Niches
-Drop Shipped Products with no upfront product cost or expenses
-Low-ticket items that create high volume & viral sales (customers place additional orders by email also)
-Automated business with Facebook ads & Email auto responders
-Email marketing list continually growing on a daily basis (300k strong now). This is a very valuable asset as it grows - if monetized properly and the Company fills this list, it can generate over $20-30k per week in revenue at its current state with zero advertisement cost.
-Easy to add in new products to the site & generate Sales
-Licensing deals with exclusive artists
(SEE PROSPECTUS FOR FULL DETAILS)

Expansion Potential
-The sites have 10x more potential than it is operating at right now
-The Company's email list is getting bigger and bigger, generating more revenue
-Expanding into SEO and Pinterest ads for Growth
-Facebook Ads is the leader for traffic generation online and this company has a proven process
- Sells into proven long-term passionate niche markets

(SEE PROSPECTUS FOR FULL DETAILS)