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E-Commerce Business Specializing in street-wear from Melbourne Australia!
The site only requires only about 2 hours work per week, drop shipping can be enabled or you can design your own items and ship off to prospective clients, large social media following on Instagram of 10,000+, very popular brand among teens, has been featured on SBS, and a lot of media outlets throughout Australia, free site mentoring for 1 month comes with the successful purchase of the business.
Below you can find the valuation of the business:
Estimated Valuation Range:
Low: $ 30,874.64
High: $ 40,931.36
Final Valuation Asking Price: $ 34,403.00
Current Offer: $32,000
Multiple Range: Low - 23.52 High - 29.94
Date Created: 11/20/2015
Site Age: 20 Months
Hours Worked: 2.00 (Going Well) - Portfolio investors are looking for sites that don't require a ton of their time and with less than 5 hours worked per week, this will be attractive to these types of buyers.
Per Hour Worked per Week: $ 137.50 (Going Well) - Portfolio investors are looking for sites that don't require a ton of their time and with less than 5 hours worked per week, this will be attractive to these types of buyers.
No. of Products: 50
Monthly Visitors: 800 (Needs Improvement) - You've got yourself a traffic problem. I'd suggest hanging out in forums and communities where your customers are at and getting know. Help them with their problems, questions, etc. and they'll naturally begin checking out your site.
Earning Per Visitor: $ 1.38 (Going Well) - Your website is doing really well in terms of $$ per visitor to the site. Paid traffic is definitely an option you should consider. Your main focus should be to do everything you can to continue to drive more relevant visitors to the site and you'll see an big increase in your earnings.
Email Subscribers: 800
Earning Per Subscriber: $ 1.38
Number of Social Media Channels: 3
Total Social Media Followers: 13,000
Average Monthly Revenue: 1,200.00
Average Monthly Expenses: 100.00
Monthly Net Profit: $ 1,300.00
Profit Margin: 91.67 % (going well) - profit margins are strong which means you've selected an excellent niche. With margins like this, you've got some room to spare when it comes to attracting more visitors. You could look at paid traffic to boost top-line revenue, just keep an eye on the margins to make sure the campaign remains profitable.
Drop shipping is an order fulfilment strategy where the retailer does not keep products in inventory, but relies on wholesalers or manufacturers to actually ship orders to customers. This arrangement has several advantages that make it attractive to online merchants.
When a customer places on order for a drop shipped product online, the retailer receives the order and payment for the order, and then either automatically or manually contacts the wholesaler or manufacturer, issuing a purchase order for the item and providing instructions for shipping directly to the customers address. The wholesaler or manufacturer ships the product, and the retailer (The business) earns a profit. My business has made several connections with the option of Drop-shipping overall it makes business easier between my business and other clothing manufacturers to actually have the products made when there is a confirmed purchase payment which the manufacturer than makes the item when we have received the payment on our site and than ships off to the client and my business takes its respective income from the sale after the manufactures expenses have been paid, this is a key component because it means if you are the future purchaser of the business it will play a major role in order for you not to lose a lot of money on unnecessary purchases of goods/clothing designs which might not be sold. Drop-shipping means less goods unnecessary purchases and minimal lost in business funds.
Instagram: 10,000 Followers
Twitter: 1,000 Followers
I put social media as another priority because of the current growing social media that comes with the business sale, this will take the weight off with advertising fees, etc with any future purchaser of the company. Acquiring new client is easy task when you have that sort of social media following, with that type of following we make money through promoting any pop-up stores/future events held, etc. The business has been featured on celebrities pages, radio stations, national TV (SBS INSIGHT), magazines, blogs, etc. which is what adds to me valuing the of the site and its authenticity among people, the fact the business already has a standing audience.
For any further clarification needed, please do not hesitate to contact me and I can range the our businesses accountant to send you all our latest financials and tax assessment.
For more information about the business please contact the seller below.
Business has the social capability to expand to a physical store due to its a large social media reach and with the right investor and time can exceed current sales quotas, with only 1/2 hours needed for site reviewing a week and all orders handled by your drop-shipper you only collect your payments and enjoy life as usual, with very minimal to none lost.
Business has the social capability to expand to a physical store due to its a large social media reach and with the right investor and time can exceed current sales quotas.
Currently handling 3 online businesses that all consume my time, I feel its time I let go off the business I love and worked hard for within the last few years and develop/invest some capital, including my time into my magazine site. Which currently allows me to travel, explore, while still doing business as usual. Any Interest please contact me and I can get my business accountant to send you full financials/sales reports and we can proceed from there.
10 minutes a day.
1 month site mentoring, how to handle orders, drop shipping etc.
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