Back to Listings Listing #44486: Technology

Asking Price : $244,648

Annual Gross Revenue : $2,164,580

Annual Net Profit : $83,879

Profit Multiple : x2.92

Inventory Value: -

R-Index : 128

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From the Broker

This listing is for a dropshipping business created in September 2014 in the technology niche. The Shopify site features electronic replacement parts from suppliers based in the US. The business requires low hours per week as the business works with a customer service manager, uses a marketing agency, and employees submit orders with the suppliers.

The Seller basically acts as a CEO. They have bi-weekly conference calls with the marketing agency and the customer service manager emails the Seller questions asking how to handle certain situations. The customer service manager could make these decisions on her own if the new Buyer wished to give her more power.

A couple of times a year the industry introduces new products, which leads the Seller to spend a couple of hours adding the new product pages when that info comes available and those parts are available to start selling. Content is rarely added, but when it is, it is outsourced.

The business has three 1099 employees who perform customer service and fulfill orders. Currently, one works about 40 hours a week and the other two about 10 hours a week for a total of approx 60 of labor per week. They have been informed of the sale and would stay on with the new Buyer. There is also an opportunity to save money by outsourcing labor overseas. The Seller has researched this and has a company available to suggest.

The majority of traffic is from PPC. There is also an email list of around 90k. The business currently uses an email agency, which recently built some post-purchase flows with abandoned cart emails as their main purpose. There is a Facebook and Instagram account. The pages themselves haven't really been utilized or optimized. This is an opportunity for a potential buyer to improve as they wish.

Site Highlights

Average Monthly Revenue: $180,382

Average Monthly Expenses: $173,392

Average Monthly Net Profit: $6,990

* We are using the last 12 months to determine the averages.

Assets Included in Sale

Included in the sale of this business are:

  • Primary domain and all site content /files
  • Email list of approximately 90,000
  • All social media Pages (Facebook & Instagram)
  • Shopify account
  • Supplier contacts

Work/Skills Required

The Seller currently spends a couple hours per week:

  • Bi-weekly conference calls with the marketing agency.
  • The customer service manager will email about a dozen questions a week asking how to handle certain situations. She could make these decisions on her own if given the power to do so, which is an option for the Buyer.
  • A couple of times a year the industry will introduce new products. At this time the Seller will spend a couple hours adding the new product pages.

Reason for Sale

The Seller wants to start selling websites on a regular basis. The Seller likes to start a business and grow it as much possible, pass it on, and then start again at the beginning.

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Listed By

Sale Pending: No

First Seen: Mon, May 28th 2018

Last Updated: Sun, Jan 6th 2019

Rhodium Weekend 2015
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