For Sale:
Dropship B2B Greeting Card Ecommerce Business
Asking Price: $850,000
Description
Even during the digital age with the option of e-cards, traditional greeting cards continue to be a distinct way people acknowledge others for special occasions. It is estimated that 7 billion greeting cards are purchased every year in the US, with annual retail sales estimated at more than $7.5 billion.
Launched in 2006, this business provides high quality, personalized greeting cards with 80% B2B sales. It offers a mix of digitally printed and pre-manufactured cards. With a simple 100% dropship model, there are no equipment, inventory or warehousing needed. Accordingly, this business is run from a home-based office and is easily relocatable. The website is currently operated by 2 owners. Because of its seasonality, the business can easily be operated by one owner part-time most of the year, hiring seasonal help (which would replace the second owner) during the busy holiday season.
This business has been experiencing YOY growth. Over the last 4 years, its compounded annual growth rate has been 9.7%, substantially ahead of the overall industry average. With its low overhead, it has sizeable Net Profit Margins of around 30%. This is an outstanding business opportunity! It has proven sales & growth, longevity, a great industry related domain name, high quality products, low overhead and a simple business structure catering to the B2B market. It is a successful, established ecommerce business that has proven itself in a unique niche market with lots of potential still ahead!
Financial Overview
| Gross Revenue | $990,375 |
|---|---|
| Cash Flow | $284,699 |
| Archive Date | 10-31-2017 |
| Status | Archived |
| Year Established | 2006 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Stationary |
| Location | USA, Kentucky (Boone) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
Building upon its established foundation, there is huge potential to continue to expand this internet business in a growing niche. Strategies to continue business growth and profitability include adding new products that would be synergistic to the current mix, additional SEO and adding or increasing shopping mall affiliations such as Amazon, eBay, etc.
Competition
By offering a larger selection, better quality products and excellent pricing, the company stands above any competitors in its niche.