Recently Sold!
Branded Men’s Grooming Products Dropship Shopify Business
Asking Price: $650,000
Description
This opportunity is for a 100% dropship online business offering its own brand of men’s grooming products through its Shopify store. Products are produced, labeled with the company’s brand and fulfilled by a dropship supplier in the U.S. The brand has a huge loyal customer base with a repeat order rate of 40%. Because its customers are so responsive, they typically order new products quickly when released. This provides a huge opportunity for growth with existing customer base by introducing more men’s products. In addition to individual product sales, the company also has a subscription element which the owner has been focused on growing over the last month.
With its dropship supplier, the owner can spend only about 2hrs/wk handling customer service and marketing. With no physical inventory to handle, the business is operated from a home-based office, is easily relocatable and can be operated from any location with internet access.
Key Benefits
- 100% Dropship
- Hugely Loyal Customer Base
- High Customer Return/Repeat Rate 40%
- Excellent and Established Brand
- High Product Profit Margins
- Marketing Strategy Brings 13X ROAS
- Subscription Model
With excellent brand, solid foundation, current growth and future potential, this is an outstanding opportunity for any buyer looking to acquire and scale an established ecommerce brand.
Financial Overview
| Gross Revenue | $413,400 |
|---|---|
| Cash Flow | $175,416 |
| Year Established | 2016 |
| Employees | 0 |
| Inventory | Included in Asking Price |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Beauty Products |
| Location | USA, Colorado (Mesa) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building upon its established foundation and success in a unique and popular niche industry, this business has great potential. Some strategies for future business growth include start ad campaigns, start retargeting, add high-end products and create high-quality video content.
Competition
The company’s large, established, loyal customer base as well as its great online presence gives this brand a distinctive advantage over competing products.