Listing ID: ABB18035

Quick Facts

Category: Online
Asking Price: $150,000
Cash Flow: $103,973
Revenues: $267,571
FF&E: $0
Inventory: $0
Real Estate: Leased
Employees: 1 PT
Home Based?: Yes

Business Description:

Online drop-shipping business that  runs on the Shopify shopping cart platform. The current owner estimates that he only spends 10 hours per week running the business.  The current owner has had virtual assistants on other businesses and the new owner could get a virtual assistant and reduce the time required to run the business to less than 5 hours a week for a minimal expense.

The store sells various Backpacks and accessories primarily in one market however,  the new owner could easily expand into new markets which the current owner is starting to work on doing already.

The target audience for this niche is enormous, as the majority of every household in the world has or 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 stores. That said, they are not “flash-in-the-pan” trendy products that will fizzle out and die. They are “evergreen” products that should sell quite well throughout the entire year (not just during a certain season or certain months).

As mentioned above, this store is 100% drop-shipping based, meaning that the suppliers ship products directly to the customers. This means that you do NOT have to pre-purchase large quantities of inventory, store products in a warehouse, or manually ship out orders yourself. When an order comes in, you simply place the order on the supplier’s website (using your customer’s shipping address), and the supplier ships the order directly to your customer. Dropshipping is hands-down the easiest store model and completely eliminates the need for working capital as well as the risk of not being able to sell large stocks of inventory you’ve pre-purchased. The current owner never pursued this opportunity (as he was only interested in dropshipping), but it’s likely that you could get better pricing from the suppliers and consequently make the store’s gross profit percentage even higher if you were willing to buy inventory in bulk and ship out the products yourself.

Location:

Utah

Training:

Seller will provide training during a reasonable transition period.

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