This listing is for a dropshipping business created in April 2016 in the sports & outdoors niche. The site is built on the Shopify platform and sells over 370 products related to a popular outdoor sport. Products are dropshipped to customers around the world via 3 main suppliers in China. The business comes with social media accounts that have a total of over 73,500 followers and a segmented email list with over 13,000 subscribers.
The seller spends ~18 hours per week optimizing Facebook ads and promoting products and has used VAs to complete customer service, fulfillment, adding new products, graphic design, and social media. This is being reduced by putting more work on the VAs . The new owner may wish to continue using VAs or cover the work themselves.
There are four areas that the VAs cover:
When it comes to opportunities for growing this business and increasing profits, the seller suggests focusing on social media and pushing the products that have the highest profit margins. Since this business ships out of China, investing in ordering inventory to the US for fulfillment would cut down on shipping times and possibly increase sales.
** Please note: During Jan 2017, the business had a few proud orders and had to cancel those orders in Feb 2017, causing the sudden drop in earnings for that month. **
Average Monthly Revenue: $28,796
Average Monthly Expenses: $24,390
Average Monthly Net Profit: $4,406
* We are using the last 12 months to determine the averages.
Assets Inlcuded in Sale
Included in the sale of this business are the domain, social media accounts (73.5K+ followers across Facebook, Pinterest, and Instagram), and email list with over 13,000 subscribers.
The seller spends about 12-24 hours per week checking on Facebook ads and promoting new products. The seller has used VAs for customer service, fulfillment, adding new products, graphic design, and social media. Owner involvement is being reduced by transferring responsibility to VAs. Most of the employees are willing to continue working for the new owner if the buyer chooses.
Reason for Sale
The seller and their partner came to a disagreement about running the business and have decided to sell it.
Sale Pending: No
First Seen: Mon, Oct 23rd 2017
Last Updated: Mon, Nov 6th 2017