A business established in November 2018 sells prop money primarily to video production companies through an e-commerce platform. The owner reports steady growth in sales, with approximately 3,000 unique customers, most of which are established production companies. The business operates with minimal effort from the owner, who dedicates less than an hour daily to tasks such as packaging and mailing orders. Despite not relying heavily on traditional social media marketing, the owner successfully uses YouTube to promote products by partnering with content creators. The business maintains strong profit margins, buying products for $3.50 and selling them for $17-$25, with additional revenue generated from shipping costs.
The business remained resilient during the coronavirus pandemic and is considered recession-proof due to consistent performance. The owner, a recent I.T. graduate, is selling the business to fund the development of a new application. The ideal buyer is someone seeking a low-effort, consistent income stream, or someone looking to integrate new products into an existing e-commerce or fulfillment business.
Advantages include established vendor relationships, an existing inventory valued at $40,000, and a mailing list of 4,000 contacts. Interested buyers not located near the vendor have options to have products shipped or find local fulfillment assistance. Social media presence includes modest followings on Instagram and Facebook. The sale includes post-sale support, ensuring a smooth transition for the new owner. Opportunities for growth include expanding social media marketing and integrating sales with other platforms like Amazon.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
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