Back to Listings Listing #44299: Apparel & Accessories

Asking Price : $1,153,595

Annual Gross Revenue : $2,341,930

Annual Net Profit : $446,556

Profit Multiple : x2.58

Inventory Value: -

R-Index : 141

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From the Broker

This listing is for a dropshipping business created in February 2015 in the apparel & accessories niche. Products are related to men's fashion and are dropshipped from a single supplier in South Korea. The brand has over 130K Instagram followers and over 60K Facebook followers. These profiles play a vital role in the business as, along with paid social advertising, they are the main marketing and traffic source.

The business currently works with a single supplier that has good quality, hundreds of items, weekly inventory updates, and delivery to customers within 7 days. Originally, the business was dropshipping products from Taobao and Aliexpress, but ran into issues with both quality and shipping times. Near the end of 2015 the seller stopped the store and decided to look for another supplier. Since then, the Seller has built up a solid relationship with the Korean supplier and also qualified for their VIP wholesale rate due to the volume that the business does.

A team of 4 VAs (2 part-time and 2 full-time) currently handle all of the day-to-day operations for this business such as order fulfillment, order updates, customer service, and inventory updates. This has reduced the seller's time spent on this business to daily monitoring and configuring Facebook ads. The team of VAs are willing and able to continue working for the new owner if desired. The Seller is also willing to teach how to run Facebook Ads to the Buyer.

The business also includes a targeted email list with over 30K subscribers. The subscribers are sent a weekly newsletter and there are three sequences set up for abandoned carts to help recover any potential sales.

Site Highlights

Average Monthly Revenue: $195,161

Average Monthly Expenses: $157,948

Average Monthly Net Profit: $37,213

* We are using the last 12 months to determine the averages.

Assets Included in Sale

Included in the sale of this business are:

  • Domain
  • Site contents/files
  • Instagram account
  • Facebook account

Work/Skills Required

All the day to day operations such as order fulfillment, order updates, customer service, and inventory update is outsourced to a team of VA's.

The Seller's only task daily is monitoring and configuring Facebook ads for this account.

Reason for Sale

The Seller is looking to sell this business to raise capital for another venture.

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Listed By

Sale Pending: No

First Seen: Mon, Mar 5th 2018

Last Updated: Mon, Sep 24th 2018

Rhodium Weekend 2015
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