For Sale:
Innovative Gadget Products Ecommerce Business
Asking Price: $1,250,000
Description
This site offers innovative products in the kitchen, health & beauty and jewelry & fashion categories with all sales converted through its Shopify website. Written in French, the site caters to customers in French speaking regions such as France, Belgium, Switzerland, Canada (Quebec), etc... It is 100% dropship which means there is no inventory to manage or large capital outlays required to run the business. Having amassed an email list of 52k and generating revenues of over $1.6M USD in the Trailing 12 Months, this business has been extremely successful in its short time since inception.
The site is successfully on auto pilot with the owner overseeing basic tasks and run from a small office for staff to handle daily tasks. There are 3 full time people who handle customer service, order entry and the marketing aspects for the site including content creation. If a new owner outsources or has staff who work remotely, this website could be run from a home-based office. The site is easily relocatable and can be operated from any location with internet access.
With excellent fundamentals and a great foundation to grow from, this listing provides a unique opportunity to get in near the ground on an already successful venture and take it to its next level of growth.
Financial Overview
| Gross Revenue | $1,709,368 |
|---|---|
| Cash Flow | $501,184 |
| Archive Date | 01-14-2019 |
| Status | Archived |
| Year Established | 2016 |
| Employees | 3 FT |
| Inventory | 2 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Retail |
| Location | Morocco |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
As a relatively new business, all of its growth lies ahead. With its solid foundation, this site is perfectly positioned for a new owner to take the business to the next level of growth. A few strategies for future growth include: expanding the advertising budget and adding new products.
Competition
The business has been working via organic sales gathering data to then leverage in Facebook ads, giving the company an advantage in the marketplace and setting is apart from its competitors.