A well-established e-commerce business, launched in late 2019, generates over $55,000 monthly through dropshipping. It boasts more than a million dollars in annual revenue and has garnered over 30,000 satisfied, repeat customers on its email list. The platform's top-selling item, a Leather Repair Gel Kit, has significant potential for profitability, supported by scalable advertising with over 50,000 Facebook reactions. This business provides a stable income with minimal hands-on management required. Tasks like customer support and product research are present, but the website is optimized for efficiency and conversion.
The business capitalizes on strong supplier relationships, which will transfer to new ownership, ensuring continuity in product sourcing. Fulfillment is efficiently managed through a Shopify app. Assets included in the sale encompass brand assets, customer and supplier contracts, marketing materials, a comprehensive customer database, and more. It also offers robust social media potential, with 2.5K followers on Facebook and a large mailing list, despite having low engagement on other platforms.
The sale aims to raise funds for the owner's local brick-and-mortar business, which was affected by the pandemic, despite the current business model's success. The transaction includes extensive post-sale support to ensure a smooth transition. This is an ideal opportunity for individuals seeking a low-maintenance business with a reliable income stream, offering substantial growth and brand potential.
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