The business operates primarily in the US, Canada, and Australia, with potential expansion opportunities in Europe. It currently relies on a strategy that includes offering freebies to build a substantial customer database, now totaling 50,000 clients, with an average transaction value of $50. Importantly, 20% of these clients are recurring buyers. Its social media presence includes a Facebook fan page with 40,000 members. The company does not invest in advertising; instead, it conducts sales through email marketing and SEO strategies. Orders are processed via Aliexpress with the Dropified app automating the process, requiring minimal human resource involvement, estimated at less than an hour per day. Marketing efforts involve email campaigns utilizing the Amazon SES platform, costing roughly $4 per month.
Due to challenges faced by another company owned by the current owner, a communications agency affected by the COVID-19 crisis, the decision has been made to sell this ecommerce business. Despite this, the business has great potential for growth, particularly in expanding to the European market where SEO visits from the UK and Germany already exist. Potential improvements include negotiating product prices, storing inventory in the US for Amazon sales, and enhancing advertising efforts across social platforms. Setting up a subscription service for product bundles and Montessori lessons is also considered a promising avenue. The business is suitable for individuals motivated to capitalize on its established reputation, offering assets such as a customer database and domains. Post-sale support will be included to aid the transition for the new owner.
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