FOR SALE: Tech Accessories Stock and Ship Ecommerce Store
FOR SALE: Tech Accessories Stock and Ship Ecommerce Store
Averaging $2,462 Net Profit Per Month!
Up for sale is a well-established, highly profitable, easy to run eCommerce store. Over the past 6 months (January 2019 through June 2019), the store has averaged $5,840 in revenue and $2,462 in net profit per month. The store owner shifted the sales focus from the website to Amazon during 2018 and has seen considerable growth with the new focus. The store is an established brand in the industry it represents, selling a specialty tech accessory which is used primarily in cars and motorcycles.
Fulfillment is handled with a combination of Amazon FBA (fulfillment by Amazon), FBM (fulfillment by merchant), and some dropshipping products. Currently, operations only take approximately 5 hours a week between fulfillment, marketing, customer service, and administration time. The current owner doesn't have the time he feels he needs to run and continue growing this site and having established an excellent new market, he's decided to sell the property and move his attention elsewhere.
- Niche: Technology Accessories (please sign NDA to begin due diligence & get additional information)
- Store Model: Amazon FBA & FBM with some Dropshipping
- P&L Period: Jan 2019 - June 2019
- Avg. Monthly Gross Revenue: $5,840
- Gross Profit Margin: 67% of revenue
- Avg. Monthly Net Profit: $2,462
- Net Profit Margin: 42.2% of revenue
- Owner Time Requirement: 5 hours per week
ASKING PRICE: $98,000
The seller's $98,000 asking price was calculated as follows...
January 2019 - June 2019 Total Net Profit: $14,773 / 6 to Yield Average Monthly Net Profit: $2,462 x 36 Month (3.00 Annual) Earnings Multiplier: $88,636 Plus Cost Value of Inventory on hand $9,800 Equals: $98,436 Rounded Down to: $98,000
P&L and Financial Information
Here is the P&L Statement for the most recent 6 months (January 2019 - June 2019). Click on the image to see a larger version of the P&L in a new tab.
As you can see in the P&L above, the store has been growing Amazon revenue substantially in the past several months. With an amazing net profit margin of 42.2%, this site has plenty of room to expand its advertising. The current owner will of course give the eventual buyer the opportunity to conduct extensive due diligence, including a live "screen-share" web meeting where you’ll be able to view reports and transactions in the store admin panel, payment accounts, paid advertising portals (including Amazon, eBay and Google), Google Analytics, etc. to verify and confirm all of the figures shown in the P&L above. But here is a screenshot from the Wordpress admin panel to verify website sales figures for the 6-month period. (Note: Click the thumbnails below to see the full-size images in a new tab.)
WooCommerce Sales Report (Jan 2019 - June 2019)
About the Niche & Suppliers
As noted above, the store sells a selection of tech accessories primarily used with cars, trucks, and motorcycles. The store's catalog is simple and easy to manage with just a dozen products, which makes fulfillment and warehousing inexpensive. For the benefit of the eventual buyer, the specific products the store sells as well as the domain name of the site will only be disclosed to serious potential buyers who first sign an NDA (which you can do electronically below). The purchase of this site will include both the designs and existing relationships with the factories where products are produced. The eventual owner will be able to retain the existing factory relationships or move those elsewhere if desired.
Marketing and Traffic
This brand was launched in 2005 and has built up significant domain authority over the years. The majority (40%) of current website traffic is from Organic Search Results. The current owner, as noted above, has been focusing on building the brand via Amazon, which has seen significant sales growth.
The following screenshot from Google Analytics (GA) shows the traffic breakdown for the period July 2018 - June 2019. (Click on the image to see the full-size version in a new tab.)
The current owner estimates that he spends 5 hours per week running the store at its current operating level reflected in the P&L above. One reason the current owner is able to spend so little time operating the store each week is having set up the Amazon FBA focus on the biggest sellers. Here's a list of the tasks the current owner performs himself:
- 1 Hour per week: Shipping inventory to Amazon for FBA
- 2 Hours per week: Other fulfillment (eBay, Website, Amazon FBM) and returns
- 1 Hour per week: Administrative tasks
- 1 Hour per week: Marketing and Customer Service
- Increase Email Marketing Efforts - The current owner has done very, very little in the way of email marketing. The Amazon focus has consumed his growth time. The business has an email list comprised of 9,700+ past customers who already made a purchase.
- Expand Amazon FBA to International Markets - The owner has begun expanding into Canada, but hasn't had time to setup FBA, which results in significant shipping time and costs. Adding Amazon Canada FBA would provide a ready-built market to utilize for further expansion.
- Maximize Amazon Targeting through Catalog Updates - The current product listings are listed as generic accessories on Amazon, but they could be highly targeted to specific products which would increase the product suggestions from Amazon and could significantly improve views and conversions on Amazon.
Included with the SaleThe sale includes all of the following...
- The domain name and website (including all textual and graphical content)
- All social profile accounts associated with the site.
- All customer lists (comprised of over 9,700 past customers)
- All supplier and factory accounts
- 30 days of support to train you/your team on how to run the business, manage the ad campaigns, etc. (first 30 hours via phone or live webinar/screen share, then Skype/email support after that)
- Note: The seller will certainly sign a non-compete as part of the Contract of Sale.
You can make an offer for this highly profitable eCommerce store here. We'll immediately present your offer to the seller. If he accepts your offer, we'll notify you immediately and update this page to let other interested parties know that an offer has been accepted. Once your offer is accepted, a 3-day due diligence period will begin (during which time other interested parties may place a "back-up offer" in case the sale falls through for whatever reason). During this 3-day due diligence period, we'll work closely with you and with the seller to help you complete due diligence. Among other things, this will include doing a live screen-share web meeting so you can review financial information, the store admin panel, payment accounts, sales reports, traffic reports in Google Analytics, supplier invoices, etc. We'll also send you the Contract of Sale agreement for you to review. Once the Contract of Sale is signed and the sale is completed, we will update this page to let other interested parties know that the sale has been finalized and remove this listing from the Store Coach Website Marketplace.
Option to "Buy and Outsource"
If you're interested in acquiring this business (either on your own OR as part of a group) but don't have the time, desire or know-how to handle the day-to-day operations yourself, use the Ask a Question box below to learn how you can outsource 100% of the day-to-day operations to a full-service eCommerce operations company affiliated with Store Coach for a very reasonable operating fee . This allows you to reap the financial benefits of owning (or co-owning) a "cash cow" Internet business like this without having to operate it yourself. By outsourcing 100% of the day-to-day operations, you can own (or co-own) this business completely passively.
Sign NDA to Begin Due Diligence
Ask a Question About This Listing
Have a Profitable Online Business You're Thinking of Selling?
Net more and pay less with Store Store Coach's professional website brokering service. Our listings are better, our fees are lower, and all Store Coach Marketplace listings are now published on Flippa.com and BizBuySell.com as well (for no additional cost)! Click here to get more information and to request a zero-obligation free business valuation.
Disclaimer: Store Coach, Inc. is acting as the broker of the sale of this website/business and is merely presenting figures and information provided by the website/business owner. The website/business owner is solely responsible for all financial figures, statements, claims and information provided on this page as well as all financial figures, statements, claims and information which may be provided to interested parties during the due diligence process. It is the responsibility of the eventual buyer to review and verify all financial figures, statements, claims and information provided by the website/business owner.
Have a Site to Sell?
We'll net more & you'll pay less when you list your site with us!