The business for sale specializes in women's apparel through a dropshipping model, focusing primarily on unique designs of thigh-high socks. It has been operational since November 2020, averaging a monthly gross revenue of $16,615 and a net profit of $6,978, and requiring around 12 hours of work per week. Valuations for the business range between $121,300 to $155,000 across different platforms. Over the past year, the business accrued more than $76,000 in net profit. The business has experienced upward revenue trends with peak monthly revenues of over $70,000, totaling $265,848 since launch. It holds a strong market position with significant potential for growth due to its low competition and high-profit margins. There are over 10,000 email and SMS subscribers and a robust social media following.
Marketing strategies include diverse advertising channels, with most expenditures on Facebook and Instagram. The business maintains a 3 ROAS and leverages influencer marketing. Inventory is minimal, with most products drop-shipped from worldwide fulfillment centers, ensuring fast delivery. Growth opportunities include expanding the inventory model, establishing an Amazon presence, adding new products, and utilizing a 2% cashback credit card for expenses.
The sale package includes the business name, domain, website, customer lists, social media accounts, existing inventory, and support for three months post-sale. The owner is selling to focus on real estate investments, seeking to direct proceeds toward this new venture. An NDA is required for further details on the business's operations and products.