The auction involves a niche ecommerce platform specializing in eco-friendly laundry drying solutions targeted at the US and Canadian markets. Bidders are informed not to inquire about a buy-it-now option as the auction will proceed to completion. Payments can be made via wire transfer or Escrow.com, with the latter requiring buyers to cover escrow fees. The business offers a well-optimized, SEO-friendly ecommerce platform with over 170 products, primarily utilizing a drop-shipping model. The central supplier handles 85% of the sales and provides streamlined services like phone support and order processing, ensuring minimal seller involvement in day-to-day operations. Running the site incurs low costs, approximately $25 monthly, with no paid advertisement—relying on high-ranking organic listings. Sales data reveals steady growth with gross sales of $79,482 in 2009 and $123,846 in 2010, maintaining a profit margin of 38%. The current year's gross sales stand at $46,949 up to April. The site also shows potential for expansion into related markets and affiliate sales, yet unexplored. The seller aims to liquidate funds for personal reasons, notably a house purchase, and to allocate more time towards a localized SEO business. The transaction includes the domain, site data, and drop shipper contacts, among other assets. Traffic has shown strong performance with 144,321 visits in 2010 and 56,190 visits up to May 2011, underscoring the platform's robustness and growth potential for the buyer.
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