The business, established in 2018, operates as an ecommerce service provider that assists clients in launching online stores by connecting them with pre-built stores and suppliers based in the USA. The entire operation is supported by virtual assistants, covering areas from customer support to management, ensuring a smooth process for all involved.
The business generates revenue through the sale of online stores, boasting margins of approximately 300% per sale. Over the years, it has seen significant growth, especially in 2020, reaching over $300,000 in revenue and approximately $200,000 in profits. Although the business has been a source of passive income, generating over $10,000 monthly in profits, the current owner intends to sell it to invest in other ventures.
Potential buyers who are interested in earning passive income from ecommerce services can expect to earn between $15,000 to $25,000 monthly, with an estimated $5,000 in advertising and $3,000 in client service expenses. Additionally, the business offers opportunities for further development, such as creating an online community, expanding into apps, and enhancing supplier and service collections. It has an existing subscriber base of over 10,000, and new owners can explore its potential as a marketplace or blog.
In terms of assets, the business includes a variety of valuable components, ranging from brand assets and customer databases to marketing materials and social media accounts. Post-sale support is included to ensure a smooth transition for the new owner.