Back to Listings E-Commerce - Quilting & Sewing - $58K gross/mo

Asking Price : $221,000

Annual Gross Revenue : $699,000

Annual Net Profit : $92,000

Profit Multiple : x2.40

Inventory Value: -

R-Index : 150

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From the Broker

Main Benefits

  • Wide array of profitable products, driving a repeat customer order rate of c.35% over the past three months
  • Sales diversified across c.130 high-quality SKUs
  • Unique supplier relationships allowing for favorable product sourcing and delivery
  • Low owner involvement with two VAs willing to transition with the business post-sale

Description

For sale is a reputable dropship e-commerce business in the quilting and sewing niche.

Launched in 2016, the company found market fit by selling high-quality quilting and sewing products. The business has successfully utilized a dropship e-commerce model to quickly and effectively scale to a considerable size.

Consumer spending on quilting has grown by 48% since 2014. With unique supplier relationships and c.35% repeat clients in the past three months, the business is well positioned to capitalize on the growing consumer interest in quilting.

The business itself is simple to operate, with the owners delegating much of their day-to-day to staff. Two VAs are willing to stay on with the business post-sale, facilitating the transition process and allowing a new owner to spend their time focusing on strategic growth.

The business presents a great opportunity for a new owner to take over a scalable and robust dropship e-commerce business. Boasting a well-known brand, notable supplier relationships, and c.130 high-quality products, the business is primed to continue its strong upward trajectory under a new owner.

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Listed By


Sale Pending: No

First Seen: Sat, Jan 6th 2018

Last Updated: Sun, Jan 7th 2018


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