In October 2023, a business was founded to meet the rising demand for a particular product, supported by data from Google Trends and SimilarWeb. The product has a broad appeal with significant profit margins; it costs $23 per unit and is sold at $89.97, yielding a substantial average order value of $121 USD. The business combines market demand with a compelling product and favorable financial returns. Despite juggling three Shopify stores, the owner plans to focus on one specific brand, given time constraints. This store, operating with a well-thought exit strategy, continues to thrive without active management of ads or email campaigns since January, proving its market strength.
Operational efficiency is achieved through integration with CJ Dropshipping, facilitating a seamless fulfillment process. CJ handles order-processing to shipping, including managing disputes or delivery issues through its platform. A direct line of communication with a dedicated CJ agent further streamlines operations. The business no longer holds inventory and relies on dropshipping after temporarily stocking during the Chinese New Year.
Running the business requires minimal effort; one Virtual Assistant manages customer support and social media moderation via Gorgias. The VA also handles disputes efficiently. The business demands less than an hour daily, offering a smooth transition to possible new ownership. There remains untapped growth potential: expanding marketing through email, SMS, upsells, organic and paid social media, influencer collaborations, and additional payment options could significantly boost revenue. The sale includes domains, branding, web assets, social media, customer lists, supplier contacts, and after-sale support.
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