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Ecommerce Startup United States
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Established dropshipping ecommerce store selling luxury hip hop style jewelry

P&L Documents (1)
Asking Price
$300k
Multiples
3.1x profit
The asking price divided by TTM net profit.
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1.3x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
+0%
TTM Revenue
$228.5k
Profit
$97.5k
Last Month's Revenue
$14.5k
Profit
$7.6k

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United States

Established dropshipping ecommerce store selling luxury hip hop style jewelry

Established in 2018, this profitable ecommerce store sells luxury hip hop style jewelry. Because of the dropshipping business model, the new owner never has to touch inventory and can run the entire business entirely from their phone and laptop. The 43% profit margin includes product costs and paid advertising. ✅ $228,509.36 in TTM revenue ✅ $97,537.88 in TTM profit ✅ $14,544.47 in Revenue Last Month ✅ $7,556.14 in Profit Last Month ✅ 27,687 Customer Email List ✅ 11,000+ Lifetime Buyers ✅ 18% Return Customer Rate ✅ $146 Average Order Value Advertising is powered by Meta Ads, Google Shopping Ads and Klaviyo email marketing. New owner should get aggressive with paid advertising spend in addition to introducing new forms of advertising like TikTok ads, TikTok shop, influencer marketing. The biggest direct competitors in the space are The GLD Shop, CRAFTD London, 6 ICE and Jaxxon. They gained a collective millions of customers with aggressive paid advertising and influencer marketing.
Asking Price
$300k
Multiples
3.1x profit
The asking price divided by TTM net profit.
Learn more about multiples
1.3x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
This is an established brand with a proven track record. It can quickly be scaled by a new owner with the time to do so.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$228.5k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$97.5k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$14.5k last month gross revenue
Last Months Profit
Total net profit last month.
$7.6k last month net profit
Customer metrics
Product Manufactured
The country where the product is manufactured.
-
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+0% Annual Growth Rate
Customers
Total unique customers who have made a purchase.
5,000+ Customers
Number of SKUs
The number of product variations you sell.
- SKUs
Total Value of Inventory
The combined retail value of all ready to sell inventory on hand.
- Total Value of Inventory
Company overview
Date Founded
December 2018
Team Size
Just me (1)
Business Model
The dropshipping model allows the new owner to never touch inventory and run the entire business from their phone and laptop. ✅ $228,509.36 in TTM revenue ✅ $97,537.88 in TTM profit ✅ $14,544.47 in Revenue Last Month ✅ $7,556.14 in Profit Last Month ✅ 27,687 Customer Email List ✅ 11,000+ Lifetime Buyers ✅ 43% Profit Margin ✅ 18% Return Customer Rate ✅ $146 Average Order Value
Tech Stack
Shopify, Google Shopping Ads, Meta Ads
Growth Opportunities
  • Improve conversion rates
  • Increase digital marketing
  • Increase content marketing
  • Social media marketing
  • Increase pricing
Aggressive Paid Advertising: Scale up advertising efforts on new channels, spend more retargeting on existing channels and incorporate more UGC. Influencer Marketing: Give products to social media influencers in exchange for sponsored posts and UGC. TikTok Shop: Leverage TikTok’s new “Shop” platform to rapidly sell to new audiences without users having to leave the TikTok app. TikTok Ads: Leverage this advertising platform to scale to new audiences.
Competitors
  • The GLD Shop
  • CRAFTD London
  • Jaxxon
  • 6 ICE
Key Assets
  • Website
  • Domain
  • Social media accounts
  • Brand
  • Marketing materials
  • Customers
Acquisition details
Selling Reasoning
The founder started and grew this business from scratch, but it’s no longer their focus. The founder is looking for a new owner who can scale this business to new heights.
Financing
Bootstrapped

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