For Sale:
Two Dropship Christian Gift and Jewelry Ecommerce
Asking Price: $350,000
Description
There are about 90 million Catholics in North America and nearly a billion Catholics worldwide. While not all are currently practicing, most Catholics in the U.S. participate in Weddings, Baptisms and First Communions for their children or for children of friends & family members. Of the people who identify themselves as Christian, many of them display their faith with jewelry. The website included in this opportunity have positioned themselves as leading online Catholic Gift and Christian Jewelry Sites. The sites feature over 17,000 products each making them the largest of their kind on the net. Between them, they specialize in high-end religious goods including gifts, jewelry, art, statuary, rosaries and jewelry such as crosses, saint medals, engraved pendants, rings, & bracelets. With one site being 75% drop ship and the other 100% drop ship, there is very little to manage in the way of inventory. The owner spends about 16 hours per week overseeing operations for both websites. One employee works about 30-40 hours per week processing orders and handling customer support. 24 Hour Toll Free Telephone Support is outsourced so there is always a live person to answer the phone. With the ability for both sites to be fully drop ship, these can be operated by one owner thereby saving the employee expense. The SEO work and resulting excellent keyword positioning has allowed these sites to attract over 800,000 unique visitors in the last 12 months combined! The websites' product lines, established financials, strong customer base, easy to navigate site and all of the great domain names included with the sale make this business opportunity an excellent choice for anyone wanting to operate an e-commerce site and build upon its established strengths to expand into the future.
Financial Overview
| Gross Revenue | $582,497 |
|---|---|
| Cash Flow | $93,550 |
| Archive Date | 10-10-2010 |
| Status | Archived |
| Year Established | 2003 |
| Employees | 1 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Gifts |
| Location | USA, Florida (Brevard) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Future growth of the sites will come through continued efforts to offer the most high quality and wide variety of religious items. In particular, expanding the product line to include more books, DVD's, music and handmade jewelry would further boost sales. Partnering with existing business such as Amazon.com and Ebay, branching into the wholesale marketplace and improving the current newsletter are all strategic points to further expand this site's potential.
Competition
While there are other online retailers in this industry, its longevity online has allowed it to build a reputation for high quality products along with a devoted base of repeat customers. This combined with carrying some product lines not found anywhere else gives this company its competitive edge.