eCommerce

listed by broker
Mens watches
Founded in
May 2022
Desired valuation:
$ 25 K
Description
On offer is a beautifully created business selling Men's Watches. Most business activities are automated. The store is working in the dropshipping business model. I don’t own any physical inventory, all products are shipped from my suppliers directly to customers. Suppliers are fully responsible for handling the shipping and delivery process. Business is making consistent profits up to today, so it’s a great opportunity to take over a business that is active and will be running stable from the beginning of the acquisition. Products do not suffer from seasonality and can be sold all year round. There have been no financial anomalies during the brand’s activity, it is growing well from the very beginning.
Featured metrics
Less than 2% refund rate, huge growth opportunities, high profit margins
Selling details
Type of shares
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Reason for selling
I’ve built and managed a few other online stores in the past 7 years. Most of them are already sold as a part of my exit plan from eCommerce & SaaS. I recently started a company that manages properties for short-term rental (Airbnb, Booking, etc.). I also started flipping real estate with my partner. Both of these ventures require a majority of my time and focus. Selling my online business helps me with raising capital that I can invest. Cash on hand is much more important for me in my current situation.
Preferred acquirer
Literally, anyone who has a passion for making money and growing a business. This business would be especially great for someone who has experience in advertising and marketing. No special skill is required. You will be provided with all the knowledge you need to operate the business successfully.
Aspirations & growth opportunities
I have prepared a list of over 20 possible growth opportunities that I'd like to share with the future owner. Here are some of them: Extend sales to other countries (such as UK, AU, CA), Consistently increase Google Ad Spend, Start advertising through social media (Facebook & Instagram), Increase prices, Add more products over the time, Focus on high-quality customer support
Business details
Business model
Selling products through E-Commerce store
Customers
1,159 (males ages 26-52, and females buying as a present).
Competition
Watches.com, Amazon
Operational details
Technology stack
WordPress, WooCommerce
Marketing spend
$41,282 (Google Ads )
Performance tracking tools
Other
Financial details
Ownership structure
100% Ownership
Last month's revenue
$9,324
Last month's profit
$2,395
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$ 100.9 K
TTM net profit
$ 27.6 K
Based in
AMER
Team members
1-2
Acquisition type
Full
Desired valuation
$ 25 K
Message Owner
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Message Broker
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