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Ecommerce Startup Hong Kong
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A low maintenance dropshipping ecommerce store than can be operated from anywhere in the world.

P&L Documents (1)
Asking Price
$49.5k
Multiples
2.2x profit 1.0x revenue
Annual Growth Rate
+0%
TTM Revenue
$50k
Profit
$23k
Last Month's Revenue
$7k
Profit
$3.1k

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Hong Kong

A low maintenance dropshipping ecommerce store than can be operated from anywhere in the world.

This thriving e-commerce store, serving the expansive automotive industry, stands as a testament to the efficient model of dropshipping. It eliminates the need for bulky inventory, instead leveraging beneficial partnerships to uphold smooth order fulfilments. The platform's user-friendly environment promotes ease of exploration and shopping, a factor that significantly contributes to customer loyalty and recurrent business. Offering a wide spectrum of auto products, including performance parts, accessories, and maintenance supplies, it caters to diverse preferences amongst its customer base. Technology No stranger to advanced technology, the platform employs Google Analytics, Customized Wordpress, WooCommerce and a plethora of additional plugins to secure the website, improve its functionality and gather indispensable data regarding customers. This wealth of information facilitates educated decision-making for future growth strategies and refining of technological approaches. Financials Since its establishment in 2018, the consistent monthly revenue and-profitability without a single unprofitable month is a testament to the success of its focus on dropshipping and e-commerce. This strategy has prepared the business to scale its operations and extend its reach to a broader audience, if so desired. The past month we spent more time and took greater care of optimizations and maintenance and the sales have again increased, almost doubled compared to the previous 3 months. This month and the following months we expect this growth to be retained or perhaps even increased. SEO A standout feature of the store is its successful SEO strategy. Over the years, substantial time and financial investment in SEO have yielded positive results. The majority of the store's traffic is organic, originating from search engines, which is a cost-effective and sustainable way to drive customer engagement and sales. Future Growth A significant investment of time and money into practicing effective SEO techniques have paid off, as the majority of the store's traffic stems freely from search engines. There is considerable potential for enhanced sales and expansion of the customer base through Google PPC, Facebook ads, giveaways, and other social media activities. The base for some of these has been prepared but not yet utilized. Another effective strategy for future growth would be the adaptation of the website into a multilingual platform, considering its current operation in the German language. The principle of dropshipping opens up the opportunity to incorporate any region or dialect. Targeted Audience Operating primarily in German, the platform enjoys a dedicated clientele in Germany, Austria, Switzerland, and other German-speaking regions. The advent of a multilingual platform could tap into various markets, powered by the limitless potentials of dropshipping. TL;DR In summary, the offer to own this successfully-established e-commerce store is an investment opportunity in continued growth and success. Backed by a loyal customer base and a record of profitability, it is set for strategic expansion in a profitable niche market. Comprehensive After Sales Support Investing in this e-commerce store comes not only with the potential of business growth but also with the assurance of comprehensive after-sales support. To foster a smooth transition for the buyer, we offer a generous support package for the first six months following the sale. During the initial month, we provide up to 3 hours of weekly support completely free of charge. We understand the importance of familiarity with the workings of the business, and these support hours can be utilized to clarify any questions or doubts. In the subsequent five months, we continue our support with an additional 1 hour per week free of charge. This support ensures the buyer is never in the dark and gets the necessary assistance when required. We aim to make the transition as seamless as possible, providing all the necessary guidance for the new owner to continue the store's successful operation.
Asking Price
$49.5k
Multiples
2.2x profit 1.0x revenue
The asking price divided by TTM net profit and TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
A significant investment of time and money into practicing effective SEO techniques have paid off, as the majority of the store's traffic stems freely from search engines. There is considerable potential for enhanced sales and expansion of the customer base through paid ads, giveaways, and other social media activities. Another effective strategy for future growth would be the adaptation of the website into a multilingual platform, considering its current operation in the German language.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$50k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$23k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$7k last month gross revenue
Last Months Profit
Total net profit last month.
$3.1k 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.
1,000-5,000 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
Web traffic by Google Analytics
Company overview
Date Founded
February 2018
Team Size
Just me (1)
Business Model
  • Dropshipping
Tech Stack
  • Woocommerce
  • Wordpress
Growth Opportunities
  • Increase content marketing
  • Increase digital marketing
  • Improve conversion rates
  • Expand to new markets
  • Focus on SEO
  • Hire a sales team
Competitors
  • Autodoc
Key Assets
  • Brand
  • Domain
  • Customers
  • Website
  • Social media accounts
Acquisition details
Selling Reasoning
  • Lack of time
  • Starting a new venture
Financing
  • Bootstrapped

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