Completely new semi automated eCommerce dropshipping site. It launched Late August, and did about 70k in August with 20% net margin. Had some issues with PayPal, which restricted my account and thus not being able to scale as fast as I wanted. Otherwise the store would have broken 200k revenue. It has potential to do 300k+ during Q4 for someone that has an unrestricted PayPal account or capital to really scale ad spend. Net margins are between 25-30% now.
What is included in the sale?
The website, domain, complete structure, email marketing backend, front end funnels and help transitioning into your accounts. I have a complete team setup which handles customer support, order fulfillment, etc. You can transfer it all over.
What is required to keep the business operational?
Facebook have been the main source of traffic, so you have to have an understanding of running Facebook Ads. I'll help you get setup the first 7 days. You need a PayPal account which can process high volume for instantly flipping ad spend, otherwise high capital for extreme growth.
Why are you selling the business?
I have another business that does more revenue, and I was recently offered equity in a big new joint venture with a huge corporation, so this store won't have my main focus, even though it would be possible to hit 300k+ rev during Q4 easily, if someone understands how to scale ads.
How does the business generate revenue?
Through paid advertising mainly. We have a decent email list of about 12.000 new people who're warm and ready to purchase.
Are there any expenses for the business? If so, what are they?
The store is hosted on Shopify so there are expenses for about $2000 monthly in apps, etc. all of the apps are essential and generates revenue by itself, for example Klaviyo with high converting flows.
How can the future owner improve the business?
Scale current winning products, and run more strategized ads on Facebook. Add more email marketing flows. Get more customer reps for fast support.