eCommerce Business - $6M Revenue, $1.3M Profit in Past 12 Months

New York, NY (New York County) (Relocatable)

eCommerce Business - $6M Revenue, $1.3M Profit in Past 12 Months
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Asking Price: $2,190,000

Cash Flow: N/A

Gross Revenue: $6,000,000

EBITDA: $1,300,000

FF&E: N/A

Inventory: N/A

Established: 2016

eCommerce Business - $6M Revenue, $1.3M Profit in Past 12 Months

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Business Description

Dropshipping Business with over 63k repeat customers!

The business is in the women's fitness niche. Products mainly feature women’s shapewear and workout accessories. The main methods of driving profitable traffic to the business are Facebook advertising, Google AdWords, and Instagram influencers. There is some organic revenue but that would be an opportunity for growth with a new owner since there hasn't been much time spent on content. In addition to the channels that allow the business to acquire new customers, there have been email marketing efforts that have helped in yielding over 63,000 repeat customers over the lifetime of the business. Repeat business serves as a bonus to already profitable marketing efforts. The business also boasts roughly 600k followers on Instagram and 300k followers on Facebook.

Regarding logistics, items are fulfilled at a California based third party fulfillment center. Items are shipped over in bulk and stored in the US at the fulfillment center to ensure the best possible bulk rates to allow for high gross profit margins. Having a 3PL fulfillment center increases efficiency so the majority of the time can be spent on the advertising efforts. Virtual Assistants handle many of the day-to-day tasks such as customer service messaging.

P&L will be made available upon request.

Detailed Information

Inventory:
Included in asking price
Facilities:
This is a remote (virtual) business so there is no real estate associated with the business.
Growth & Expansion:
Now that the business is for sale, owners don't see the point in scaling advertising efforts so new inventory isn't being brought into stock in the same quantity as usual. A new owner should be able to realize a higher net profit ceiling per month if the business is run correctly.
Support & Training:
Buyer offers up to 30 days of post sale support. Much of the fulfillment and customer service is automated so it isn't a terribly complicated business to learn.
Reason for Selling:
Owner is liquidating eComm portfolio and building a new, non-eCommerce venture.
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Business Listed By:
Not Disclosed

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