The business sells two products primarily on an online retail platform: a garden flag iron stand and a combination product of the garden flag iron stand with either a USA flag or a Christmas flag. Despite reporting low revenue for the month of January due to capturing only one week of sales, the enterprise is seen to have significant potential. In 2017, it generated a monthly profit of $3,300 while only requiring a few hours of work each week.
The future owner could enhance the business by leveraging reduced supplier costs for the upcoming production batch and by improving advertising strategies. The business boasts several strengths, including strong keyword ranking, effective customer service, high market entry barriers, substantial profit margins, and opportunities for passive revenue generation.
Potential areas for growth for a new owner include improving current marketing efforts, particularly through online advertising and email marketing. Daily operations encompass managing staff, providing customer support, and launching new products.
Marketing efforts currently focus on two primary strategies: sponsored online retail platform advertising and email marketing. The business holds an inventory of 2,203 units valued at $6,619, alongside tangible assets like all site content and files. To facilitate a smooth transition, post-sale support will be provided to the new owner. Overall, this business offers a promising opportunity for growth with well-established foundations and multiple avenues for enhancement.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More