Back to Listings Listing #45029: Arts & Crafts

Asking Price : $467,691

Annual Gross Revenue : $1,175,380

Annual Net Profit : $200,439

Profit Multiple : x2.33

Inventory Value: -

R-Index : 154

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From the Broker

This listing is for a dropshipping business created in September 2017 in the arts & crafts niche. The Shopify site features sewing and quilting supplies and accessories. These range from sewing machine parts to handy tools and fabrics. Traffic is driven primarily via Facebook ads and a 40K+ email list. This business requires minimal work from the Seller, who is supported by VAs.

While this niche may seem very specific, it's worth noting the Seller had no experience in this niche before building this business. The Seller's main focus is on managing the Facebook ads. The VAs are a husband and wife team who take care of all fulfillment, customer support, and adding new products. They know the site is for sale and they are looking forward to continuing with the new buyer.

Two suppliers dropship 95% of the products. The Seller has a good relationship with both and communicates directly with them. They create discounted listings specifically for this business. One of the suppliers is willing to source new products or have products made if the Buyer wishes to expand into ecommerce.

The site enjoys a high ratio of 20% returning visitors. With 40,000 subscribers on the email list, promotional emails go out about 3-4 times per week. Automated email flows are set up for customer thank you, win back, and more. The business also has 16K+ Facebook followers.

*The business receives a small amount of revenue from an affiliate program for Aliexpress, which they have recently set up.

Site Highlights

Average Monthly Revenue: $97,949

Average Monthly Expenses: $81,246

Average Monthly Net Profit: $16,703

* 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 & all site content/files
  • Shopify account
  • Social Media accounts
  • Supplier relationships
  • Employee relationships

Work/Skills Required

The Seller currently spends around 10 hours per week on new ad creative or research.

Reason for Sale

The Seller currently has a number of other projects which they are operating including their own branded product which they are trying to grow. That business is much closer to their heart and in order to devote more energy to it, they need to release this website.

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Listed By

Sale Pending: No

First Seen: Mon, Sep 10th 2018

Last Updated: Tue, Jan 22nd 2019

Rhodium Weekend 2015
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