$20.8K Per Month DropShipping Site in the Culinary Niche
Asking 2.6x annual profit. Comparable Ecommerce businesses sell around 2.4x (1.8 to 3x, 2956 comps). Priced 8% above the median.
- Monthly revenue
- $20,826
- Monthly expenses
- $17,636
- Monthly net profit
- $3,190
- Profit margin
- +15%
- Revenue trend
- +26%
- Users trend
- -11%
- Monetization
- DropShipping
- Niche
- Culinary
- Hours / week
- 8
- Days on market
- 114
- Business location
- US
Summary
This listing is for a DropShipping business created in August 2020 in the culinary niche. Included with the Shopify store are 165 SKUs related to commercial-grade culinary appliances. The business has experienced steady growth over the past 12 months with approximately 14% profit margins. The business sells primarily in Canada with a total of 11 suppliers in the US (2) and Canada (9). Minimal effort is required from the Seller to maintain the business. The suppliers fulfill all customer orders; no inventory is personally held by the Seller or in a 3PL storage facility. The top three traffic channels are paid search (68.14%), display advertising (10.8%), and organic search (7.43%). The countries that are the leading traffic sources are CA (88.19%), the US (7.1%), and IN (1.49%). The top three pages account for less than 18% of the site's total traffic. The Seller spends around eight hours on the business primarily ordering more stock when needed, providing customer service, optimizing the product listing pages, adjusting the paid advertising campaigns, and managing the business's finances. The business's email list has 350 subscribers but isn't currently monetized. Social media also isn't an important traffic driver, which presents a growth opportunity for the Buyer to grow the email list and a social media presence for greater brand exposure and create new traffic drivers. Growth opportunities for the Buyer include expanding sales into the US and Europe marketplaces. As the Seller has pre-registered EU domains, the Buyer may wish to establish relationships with European suppliers. There is an opportunity for the Buyer to create their own private label product under the business's brand to transition into an eCommerce business and away from the DropShipping model. **Learn more about this listing by scrolling down to the FAQ section**
Reason for sale
The Seller would like to focus on other opportuniities.
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.