For Sale:
Dropship Branded Men’s Apparel and Accessories Website
Asking Price: $400,000
Description
The online Men’s Clothing Industry has surged upward over the past 5 years. Industry revenue has rapidly outpaced clothing sales as online shopping becomes more popular. Statista reports that the revenue of the men’s and boy’s apparel market was around 87 billion USD in 2017.
This website offers the latest trending items for the modern man including sneakers, shirts, jackets, hoodies, eyewear, backpacks, watches, etc.… The company white labels some of its products which are produced at the supplier with its brand logo on both the item and the packaging. Accordingly, this online store was built and positioned as a real brand, not just as a generic drop shipping store. Growing since inception, the website has generated over $15k in average net profits per month in the Trailing 12 Months.
The owner currently spends about 7-10 hours per week overseeing the business. Its staff is outsourced and handles all day-to-day operations. Thanks to the SOPs and experienced team, most of operations are automated so the business can run without owner’s involvement.
Some of its key benefits include branded products, high profit margins, excellent supplier relationships, main supplier offers free shipping, stellar customer support, mobile apps with push notifications and automated processes.
By selling only quality items from reliable suppliers and providing professional customer support, the site has created a profitable business with little overhead and lots of room for growth. The customer reviews, high AOV, repeat customers rate and the steady organic traffic are excellent indicators of the website’s success. By focusing on new opportunities, the website can significantly increase the revenue and profits in the near future. A new owner will have the full support of the current owner in order grow the business to new heights.
Financial Overview
| Gross Revenue | $895,167 |
|---|---|
| Cash Flow | $182,741 |
| Archive Date | 03-05-2019 |
| Status | Archived |
| Year Established | 2016 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Apparel & Fashion |
| Location | USA, Delaware (Sussex) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
Building upon its established foundation, there is a wide range of actions and strategies that can be implemented in order to increase sales, some of which include: Add new products from existing or new suppliers, increase number of white label branded products along with increased promotion thereof, create customer reward and referral programs and expand advertising channels.
Competition
With high profit margins, the company has more room to scale ads over competitors in the industry. Its stellar customer support and quality product lines also set it apart from any competition.