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SELLER GUIDE
5 Comments
2,073
Views
55 Watchers
Watch
ECOMMERCE STORE
Currency:
Ecommerce Store | Business
E-commerce website with an incredibly strong growth potential.
Site Age
10 years
Monthly Profit
USD $3,316 /mo
Profit Margin
37%
Page Views
33,200 p/mo
Profit Multiple
1.2x
Revenue Multiple
0.4x
About the Business

The business, acquired recently via an online platform, is built on a Shopify template with significant growth potential. The current owner faced challenges with merchant accounts and payment gateways supported by Shopify for clients outside the U.S. and several other countries. Despite initial plans for the website, the sale is prompted by these constraints and other business commitments. Key developments include the automation of watch picking and packing by a third-party fulfillment service, eliminating manual efforts and increasing efficiency. The pricing strategy was altered from "free watches with a shipping fee" to "watches with free shipping" due to payment gateway limitations, although reverting to the former model could boost organic traffic. The business, marketed primarily through social media, sees a steady income from global orders despite limited advertising efforts mainly focusing on the UK. Its assets include domain names, social media accounts, a mailing list with over 23,000 subscribers, and a consistent supplier relationship that benefits from volume discounts. Operational tasks are minimal, requiring around an hour weekly, with emphasis on customer service and marketing. The website has no search engine penalties, and competitors include other watch brands. Geographic constraints apply for maintaining the current pricing model, with several countries offering support for Shopify Payments. The business holds a sizeable inventory ready for transfer to the new owner, offering robust growth opportunities through expanded product lines and international market expansion.
About the seller
Seller verification
Email address
Phone number
Government ID

1 transaction totalling USD $35,000

Payment Methods
Escrow.com
Flippa Escrow
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5 Comments
2,073
Views
55 Watchers

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