The sale of the business includes all remaining inventory, a Shopify store, domain, Gmail account, contact information for suppliers, an Instagram account with approximately 4,500 followers, and a mailing list with 9,600 emails from customers and prospects. To keep the business operational, the new owner would need to pay a $30 monthly Shopify fee and maintain essential materials like boxes and shipping labels. Monthly advertising costs range from $100 to $200, with a potential return of 5 to 6 times the investment. The current owner, unable to manage both the business and a demanding day job, began running the business passively in August 2017 and now seeks to sell it.
The business generates revenue by selling bags of dirt. Expenses include inventory assembly costs of approximately $1.30 per item, which sells for $5.99 plus shipping, a $30 monthly Shopify fee, and a yearly domain fee of about $12. Marketing has primarily been conducted through Instagram, although potential exists for growth with Facebook advertising skills.
The owner suggests that the business can be improved by dedicating more time to it. Despite being simple to operate and maintain, the current owner's limited availability has hindered growth. The potential for expansion is high with increased effort, making it an attractive opportunity for a future owner who can devote the necessary time and resources.
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