Back to Listings Listing #44002: Spirituality

Asking Price : $314,896

Annual Gross Revenue : $844,416

Annual Net Profit : $151,152

Profit Multiple : x2.08

Inventory Value: -

R-Index : 169

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From the Broker

This listing is for a dropshipping business created in November 2016 in the spirituality niche. More specifically, the business dropships an assortment of spiritual accessories. Almost all of the products are fulfilled by a supplier, with a few ordered on Ali Express currently via a contracted employee. The majority of traffic to the site comes from paid ads and email marketing.

Product descriptions and email content is written/created by the seller. Two part-time contractors currently work for this business, but the seller is planning to reduce this to one full-time VA that can handle all of the tasks. The new owner may decide whether or not they'd like to continuing outsourcing.

An email list of over 11.4K subscribers is included in this sale and is segmented for better delivery. Emails are sent out on a weekly basis that offer information about new products or the niche. Automated sequences have been set up for post purchase, abandoned carts, view abandonment, welcome series, repeat customers, and customer winback.

The business also comes with social media pages for Facebook, Instagram, Pinterest and Twitter. Facebook and Instagram are important because the ads are placed there. The seller only recently started to advertise on Instagram and to build a following there, but was posting content to keep the people that did follow interested.

Site Highlights

Average Monthly Revenue: $70,368

Average Monthly Expenses: $57,772

Average Monthly Net Profit: $12,596

* We are using the last 9 months to determine the averages.

Assets Inlcuded in Sale

Included in the sale of this business are the domain, site content/files, site theme, social media profiles (Facebook, Twitter, Pinterest, and Instagram), and email list (~11.4K subscribers).

Work/Skills Required

Daily:

  • Checks on ads and launches new ones to continuously test new audiences
  • Updates quantities on the products
  • Double checks Facebook comments on the ads after VA does to make sure every relevant comment gets a personal response
  • Responds to the VA’s end-of-day email and takes care of any issues the VA was unable to
  • Sends the order CSV to the supplier

Weekly:

  • Launches new product(s)
  • Creates an email to send to subscribers about new products or that offer information on the niche
  • Checks the P&L

Monthly:

  • Scheduling sales depending on what holiday is in what country that month via email and ads

Reason for Sale

The seller is looking to focus their time on different business ventures.

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Listed By


Sale Pending: No

First Seen: Mon, Dec 18th 2017

Last Updated: Mon, Apr 2nd 2018


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