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SELLER GUIDE
4 Comments
581
Views
19 Watchers
Watch
Another Ecommerce Store Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, North America
Seller Location
United States
Buyer Location
United States
Looking to sell a similar business? Or, Browse Similar Businesses
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ECOMMERCE STORE
Currency:
Ecommerce Store | Design and Style
Verified Listing
I sell high-quality Formula 1 graphic tees at an affordable price.
Business Location
Site Age
4 years
Monthly Profit
USD $1,254 /mo
Profit Margin
60%
Profit Multiple
1.9x
Revenue Multiple
1.1x
Show all
Formula World Co
Highest Bid (Reserve Met)
Contact Flippa for Price

About the Business

An anonymized summary of the provided text is as follows: The business in question operates with a high level of automation, with primary responsibilities being limited to social media engagement and processing customer orders. It enjoys healthy profit margins, estimated at around 60%. A notable trend that has benefited the business is the significant increase in popularity of a major motorsport in the U.S., with its viewership numbers recently rivaling those of major national sports events. Marketing efforts predominantly focus on ad placement on popular social media platforms, alongside regular posts designed to attract followers interested in motorsports. Initially catering exclusively to the U.S. market, the business has expanded to ship to approximately 30 countries in response to international demand. Customers appreciate the product's affordability and unique style, making them popular gift items. Financially, after a slow start, the business has recently achieved monthly revenues between $4,000 and $5,000, despite only operating for half a year. With current marketing, goods, and shipping costs, profit margins range from 70% to 80%, although variations can occur. During promotional periods like Black Friday and the Christmas season, the business saw peak daily revenues of $300. An ongoing promotion offers a discount on caps when purchased alongside a shirt.
Show all
Formula World Co
Highest Bid (Reserve Met)
Contact Flippa for Price

Data Verified Listing
This business has connected the following data integrations:
  1. Paypal

  1. Shopify

About the seller
Alex Khaldaoui
Formula World
United States
Seller verification
Email address
Phone number
Government ID

100.0% positive feedback

1 transaction totalling USD $18,760

Payment Methods
Escrow.com
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4 Comments
581
Views
19 Watchers

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