Nearly a 2 Y/O Business in the Social Media Services Industry Generating $28K in Monthly Profits via Shopify. Tons of Opportunity to Grow and Optimize Costs!
Over the past year, an e-commerce service site has successfully increased its monthly net sales to $28k, despite a competitive market landscape. With impressive financial performance, including a 34% margin on $84k monthly revenue, the site demonstrates significant growth potential. Recent updates include improved price valuation at a 1.7 multiplier and a shift to a new card processor, which reduced transaction costs by over 50%. The business targets customers seeking to enhance their social media profiles, serving a diverse clientele ranging from small businesses to aspiring influencers. The site boasts over 395k sessions year-to-date, a customer return rate exceeding 45%, and conversion rates notably above industry averages. The service spans multiple platforms, including TikTok, Instagram, and YouTube, with the capability to expand further.
Operationally, the business runs smoothly through a streamlined order process facilitated by Google Ads. However, manual order entries present room for optimization. Opportunities for growth include reducing advertising and transaction costs, implementing a subscription model, developing a loyalty program, and expanding into selected international markets. The seller expresses a commitment to support the transition to a new buyer, offering insights to nurture ongoing success. The decision to sell arises from a shift in the seller's focus away from e-commerce, acknowledging the need for a buyer with greater expertise to elevate the business. Despite the competitive market, the site's strategic approach and accumulated data underscore its success and lucrative 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 new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More