For Sale:
Religious Gift Products Amazon Store and Website
Asking Price: $79,000
Description
According to a 2015 Gallup poll, about 75% percent of Americans identify themselves as “Christians”. The Roman Catholic Church is the largest branch of Christianity with over a billion Catholics worldwide and approx. 104.3 million here in the U.S. in 2016, says CARA (Center for Applied Research in the Apostolate). 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. Gifts are customary for all of these Sacraments and the business in this listing offers an extensive variety of affordable products of faithful gifts including baptism gifts, first communion gifts, wedding gifts, prayer cards, rosaries and rosary beads, Christian medals, Catholic medals, bracelets, and more to fulfill these occasions.
In this huge industry, this internet business features thousands of inspirational, quality products with competitive prices, excellent customer service and fast shipping. Sales of the business are currently generated 99% through its Amazon Store as a 100% dropship model and it has earned a customer satisfaction rating of 4.5 stars. There exists great potential for expansion through its website by including more of the current product line as well as new items and by marketing site. Having launched in 2015, the site is new and just starting to grow leaving a great opportunity for a new owner to springboard off its base foundation and realize its potential.
The business is currently operated by one owner working approx. 10 hours per week during the slow season and 30 hours per week during the busiest Communion/Easter season, handling order processing, customer service, updating and adding new products to the store/site, and posting/sending shipping information. With no physical inventory to manage, this business is run from a home based office, is easily relocatable and can be operated from any location with internet access.
The business has great upside potential and is an outstanding opportunity for any buyer looking to acquire a successful online business in a multi-billion dollar market and take it to its next level of growth!
Financial Overview
| Gross Revenue | $121,168 |
|---|---|
| Cash Flow | $34,347 |
| Archive Date | 07-14-2017 |
| Status | Archived |
| Year Established | 2015 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Religious or Spiritual Related |
| Location | USA, New York (Kings) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
This business is perfectly positioned for a new owner to take the company to the next level of growth by expanding and introducing new products that would be synergistic to the mix, engaging other shopping mall affiliations, offering a newsletter to promote products and utilizing social media marketing.
Competition
Although there are competitors in this industry, this business has an advantage by offering products for various religious beliefs such as for many Christian denominations, Jewish, and general Spiritual belief systems.