For sale is a dropship eCommerce business specializing in tungsten carbide rings and wedding bands. The company, established in March 2014, operates with a dropshipping model, meaning no inventory is held. The business has been profitable from inception, primarily driven by paid advertising campaigns through platforms such as AdWords, Bing, and Facebook, which have been particularly effective. Despite a temporary downturn in October and November due to a family emergency, the business maintains an average profit of $2,500 per month, with expectations of $32,000 to $36,000 in annual profits without further expansion.
Operations are minimal, requiring about 30 minutes to one hour daily for tasks such as order processing and customer support, with most orders shipped same-day by the Californian supplier. The enduring partnership with the supplier ensures seamless handling of returns and exchanges, bolstering the reliability of the service. The business is based on the BigCommerce platform, which facilitates ease of management.
Potential growth opportunities for a new owner include revamping SEO efforts and scaling up Facebook advertising. The seller cites personal circumstances as the reason for selling, seeking a lump sum to assist in a family-related move. They offer post-sale support to ensure a smooth transition. The business's main competitor is Larson Jewelers, but it differentiates itself with a streamlined user interface that contributes to high conversion rates. The seller is open to non-compete agreements and provides detailed customer and revenue data available for verification post offer.
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