For Sale:
Smartwatch and High Tech Gift Products Dropship Ecommerce Business
Asking Price: $25,000
Description
The technology industry is in a constant state of innovation, continually on the leading edge of development. It has affected so many aspects of consumer’s daily lives, driving the tech-dependent needs to a staggering all time high. Fueled by technology advances, this website is a 100% dropship company committed to bringing innovative, modern, high tech products to its customers with competitive prices and excellent customer service. With no physical inventory to manage or handle, this website business is run from a home-based office, is easily relocatable and can be operated from any location with internet access. As a dropship model, the business requires minimal time commitment to operate.
In June 2018, the owner began re-directing his focus to other opportunities that he has had in-progress in the cryptocurrency industry. With his attention on other ventures, he also dialed down and essentially turned off all marketing for the website. The result has been a decline in revenues and profits since around then. A new owner can readily bring the business back to its early 2018 levels and beyond by reinstating and updating the marketing campaigns. With the current price reduction, the business is aggressively priced to sell.
This website business has proven sales, up-to-date, clean web design and established supplier with high quality product lines. This business provides an opportunity for a new owner to acquire a 100% dropship business with great margins and a beginning foundation with solid historical revenues from which to re-engage and build in the multi-billion-dollar tech industry.
Financial Overview
| Gross Revenue | $175,061 |
|---|---|
| Cash Flow | $16,855 |
| Archive Date | 07-17-2018 |
| Status | Archived |
| Year Established | 2017 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Electronics |
| Location | Netherlands |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building upon its foundation and solid historical performance, this business is perfectly positioned for a new owner to re-engage and take it to the next level of growth. A few strategies for future growth include: product branding, partnerships with small stores and expanding into the wholesale market.