The business described is the first of its kind, offering magnetic nipple piercings that require no commitment or risk, unlike traditional piercings. This custom product is not available on mainstream platforms like AliExpress, though it utilizes a dropshipping model for fulfillment. The business enjoys high profit margins, with advertising being its primary expense. The current owner intends to sell the business, hoping the new owner will diversify the product range to include other types of magnetic piercings, as the owner wants to focus on another business.
The store's operations are minimal, managed by a small team and external partners. An agency is responsible for media buying, emails, and Facebook advertising, charging a percentage of the ad spend as their fee. Fulfillment is outsourced to a sourcing agency, and customer support is handled by a virtual assistant earning $5 per hour. The business's maintenance requires primarily managing invoices.
Customer acquisition is achieved through paid advertisements, with little expectation of repeat purchases, hence the motivation to expand the product line. The current owner emphasizes the need for new ownership to enhance efficiency and continue product expansion. Although the existing owner has kept operations low maintenance for ease, it may have impacted efficiency. The owner lacks Facebook media buying experience, thus outsourced it, implying a knowledgeable buyer could potentially reduce this cost.
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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.
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