Ancient Treasures is a 3-year-old, profitable dropshipping business selling products in the ancient civilizations niche.
- Founded 2018
- 100% DTC Drop Ship Business on Shopify
- US entity based in New York
- 100% Remote Team
Tell us a little about yourself. What’s your background? How did you start the business?
Passion for ancient civilizations, so I taught myself Shopify and eCommerce and created the biz in April 2018.
If you are an e-Commerce business, where are your products made?
We have suppliers worldwide. The majority are made in China, and we have some larger suppliers in Ukraine and the Uk also.
How have you marketed the product, and where are your customers originating from?
Facebook, Instagram IG, and Google paid advertising.
Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?
Yes, owner-operated. Team of 7 full-time VA’s in the Philippines running the day-to-day. I run the paid Ad spend. The team has a manager and requires little to no input from me. All training docs are in place, and the manager recruits, trains, and manages staff.
What does someone need to do to continue operating the business in its current form?
Run the paid ad spend – everything else runs itself.
Can you list a few opportunities for a potential new owner to continue growing the business?
In the prospectus
What has been the evolution of this asset since its launch?
Strong growth and profitability as we built out systems and marketing tactics that increased AOV and LTV.
How does this business make money? What are the current revenue streams?
eCommerce product sales.
What marketing channels are most profitable for the business?
Email marketing, paid ads spend, and organic reach
How does the business currently acquire customers and what is your breakdown for marketing costs?
We acquire customers from paid ad spend at a profitable rate and then continue to market to them internally for repeat sales. Overall, CAC is 40% of revenue, so with product cost being 35% and overhead less than 5% we are very profitable.
How big is your current team? How many people does it take to run this business?
Seven team members based on the Phillipenns
What’s the reason for selling your business on Flippa?
I’m getting married and want to buy a house.