Dropshipping store that sells specially designed mops that deep clean

Our "under-the-radar" brand, with a trailing twelve-month revenue exceeding 700k, is rapidly gaining traction in the market. We've successfully identified and repeatedly engaged a niche demographic that consistently purchases our mops. This niche shows promising potential for expansion into other countries. Our Facebook page, boasting over 70k likes, continues to grow daily, backed by a large, enthusiastic following that highly recommends our product. This turn-key operation can generate income daily with minimal effort, such as refreshing ads. However, we're seeking a buyer with the time and expertise to elevate this brand to new heights!

Asking Price

$50k

Multiples

Asking Price Reasoning

Considering the trailing twelve-month revenue and the potential for expansion, we've set a sale price of $50k, aiming for a swift transaction. It's important to us that the new owner is capable of nurturing and growing what we've built. This e-commerce store, which can be operated from anywhere in the world, has been our passion, but now it's time for us to move on to new ventures.

$663.8k last 12 months gross revenue

$150k last 12 months net profit

$49.4k last month gross revenue

$7k last month net profit

-

+30% Annual Growth Rate

5,000+ Customers

- SKUs

- Total Value of Inventory

Date Founded

October 2022

Team Size

Small (2-20)

Business Model

This dropshipping store offers a turn-key solution, complete with a supplier, media buyer, Facebook manager, virtual assistant, and an integrated accounting system, all set up for the new owner. The main product is mops, complemented by additional mop heads and a toilet cleaner. We cater to a niche market with consistent demand for these products. The website and purchasing process are streamlined for simplicity, but there's flexibility for the new owner to expand the product range, with support available from the supplier.

Tech Stack

Shopify

Growth Opportunities

Increase digital marketing
Expand to new markets
Increase content marketing

- Scale and refresh American ads - Scale to other English-speaking countries - 3PL - Implement systems, email, and text campaigns - Launch Google Ads

Competitors

N/A

Key Assets

Mobile application
Website
Marketing materials
Customers
Domain
Social media accounts

Selling Reasoning

Our team is looking to sell the business as we can no longer dedicate the necessary effort and expertise required to realize its full potential. Currently, the business operates on a turn-key model, generating income every day, but its sales are limited to America. There's substantial potential for growth in markets like Canada, Australia, and Brazil, along with opportunities to implement additional marketing strategies like texting and email campaigns. Due to shifting focus towards different ventures, my partner and I are stepping aside. This business is an ideal match for someone with a strong understanding of marketing, offering a setup poised for substantial monthly income. We are presently seeking a cash-only deal for this transaction.

Financing

Bootstrapped.

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Dropshipping store that sells specially designed mops that deep clean

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