Yearly revenue

$699,000*

Yearly net profit

$35,800

Asking price

$120,000 SOLD

Main Benefits

• Authority site in the niche
• High order volume
• Diverse product offering
• Significant upside potential

Description

For sale is an 8 year old ecommerce business specialising in eco-friendly and green products.

Launched in 2007, this business has seen gross revenues grow year-on-year to nearly $700K in annual sales. The business runs both a drop ship and warehouse model, with nearly 60% of items drop shipped. The business has two employees and warehouse space (c.800 sq. ft.) to handle the stocked items. There is a great opportunity here for a new owner to move all the warehoused products to a fulfillment model and significantly increase the profits of the business.

Boasting over 1500 products, this business sees high orders volumes, with over 2000 products sold each month. Over 70% of clients buying more than one product per purchase. Products are sourced from a variety of suppliers, giving a wide and diverse product mix for visiting customers.

There are also several areas in which a new owner could refine and add to the product mix, creating new revenue streams and monetization methods. One such change could be on small value, repeat purchases, such as BioBags, which could be offered under a subscription/repeat purchase offering.

This business would be ideal for a buyer with experience in running and improving ecommerce platforms. The owner has created a solid base from which to grow, with high gross revenues, however, there is a significant opportunity to reduce costs and increase ROI under new ownership.

* Plus stock: c.$35,000

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All numbers are prepared on a SDE basis.