Listing ID: ABB18047

Quick Facts

Category: Online
Asking Price: $450,000.00
Cash Flow: $678,972
Revenues: $3,340,092
FF&E: $0
Inventory: $0
Real Estate: Leased
Employees: 4 PT
Home Based?: Yes

Business Description:

Online drop-shipping business that operates on a Shopify shopping cart platform. They have four Virtual Assistant (VA) in place who handles the vast majority of order fulfillment, customer service, and day-to-day operations. They offer a variety of products in several categories including Electronics, Home-Living, Toys/Kids, Beauty/Skin Care, Pets and more. They sell a large variety of products in these various categories.  Most products on the site are priced in the range from about ~$15 to ~$70.

The target audience for this niche is enormous, as virtually every household in the world could use these products. The store has barely begun to scratch the surface of its long-term potential. The products are quite unique and are not readily available in local shopping stores like Wal-Mart or department stores. That said, they are not “flash-in-the-pan” trendy products that will fizzle out and die. There is some seasonality with the business with the Winter months being the busiest time of the year.

As mentioned above, this store is 100% drop-shipping based, meaning that the suppliers ship products directly to the customers.  The products are shipped from China and the United States.

The owner works the business on a part-time basis spending about 10hours a week working on the business. One reason the current owner doesn’t have to spend more time operating the store each week is that he has been paying 4 Virtual Assistants (VA) from the Philippines a total of about  $1,300 per month to handle order fulfillment and customer service (i.e. answering questions about the products, placing orders with the supplier, posting on Facebook and Social Media, order fulfillment, sending shipment notifications to customers, responding to follow-up questions about order delivery, and so on).

One of the best things about buying this business is that not only are you buying a very profitable online drop-shipping business, you will also be learning how to use the sellers marketing methods which in turn could help you grow the business dramatically or start other businesses from scratch.  Sales are growing and this business is going into its busy season so it would beneficial for the new owner to purchase the business before the Holiday Season.

Location:

Utah

Training:

Seller will provide training during a reasonable transition period.

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