eCommerce - Streetwear Drop-shipping Business

Pacific (Relocatable)

eCommerce - Streetwear Drop-shipping Business
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Asking Price: $200,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $2,031

Established: 2017

eCommerce - Streetwear Drop-shipping Business

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Business Description

Executive Summary

For sale is a fast-growing e-commerce drop shipping business in the ‘streetwear’ niche. The business has been active in 44 countries since its launch in 2017 with the aim to continue expanding its global reach.

The store's popularity has helped the business maintain its steady growth, and whilst the products have a wide appeal, the businesses typical demographic is young men & women aged between 18-30 years old.
The business achieved its growth through the implementation of an effective Facebook (25k+ followers), Instagram (24k+ followers) and email (6K+ subscribers) marketing strategy.

The business is currently managed by its two owners/operators, but the day to day responsibilities could be outsourced to Virtual Assistants.

The owners have decided to sell the business so that they can dedicate 100% of their time to a new business venture.
How does the business generate its revenue?

The business derives 100% of its revenue through its website and Shopify store, with new customers being acquired through social media advertising (mainly Facebook and Instagram).

As an e-Commerce business, there is immense potential for scaling and continued growth.

Why should you buy this business?

The business is just under 3 years old but has experienced tremendous year on year growth since its launch in 2017. The growth has been achieved by only running marketing and advertising campaigns with Facebook and Instagram, which leaves a massive opportunity with Google Ads or other platforms to push the business to the next level.

The store gained instant popularity from the word go, generating revenues of $111,960 and netting $41,109 in its first 6 months of operation (August to December 2017).

The revenues grew to $596,249 in 2018 ($240, 034 in the 6 months to December 2018) with a net profit of $187,677 ($80,696 in the 6 months to December 2018).

2019 started with a bang and continuing the growth trend by generating revenues of $113,000 in the 3 months to March 2019. With such a strong start, the business is on track to have another good year.

Highlights

Strengths

• High Barrier of Entry to Market
• High-Profit Margins
• Large Customer Database
• Passive Revenue
• Scalable Business Model

Opportunities for a new owner

• Launch New Products
• Improve Current Marketing Efforts
• Increase Basket Size Per Customer
• Expand to New Markets
• Own stock
• Expand into other territories (eg. Russia, the US etc)

Overview

• Revenue: $595, 249
• Net Income (Revenue - Core Expenses): $187,677
• Business Model: eComerce (Shopify)
• Time Commitment: 30 to 35 hours p/wk (estimated)

Broker's Notes

This store would be a great opportunity for an experienced investor searching for a new opportunity to add to their portfolio. The business has a steady flow of organic traffic that is scalable and offers the flexibility of active or passive management.

The day to day operations is currently managed by the sellers, and could easily be taken on by the new owner with little prior experience or expertise. Aspects of the day to day operations could also be outsourced to a reliable and experienced virtual assistant.

The sale of this business will include a minimum of 30-days post-sale support and training (if required).

NOTE: A copy of the full business prospectus and financial data for the trailing twelve months (TTM) are available and will be provided to serious buyers. Given the confidential nature of this information, all potential buyers will be required to sign an NDA these details will be shared.

Detailed Information

Inventory:
Included in asking price
Employees:
0
Facilities:
Home Based
Home-Based:
This business is Home-Based
Contact Seller

Contact the Seller

(from currently available funds)
 
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Astute Growth Consultants

Business Listed By:
Larry Afriyie

Astute Growth Consultants

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