$23.3K Per Month eCommerce Site in the Pet Care Niche
Asking 3.8x annual profit. Comparable Ecommerce businesses sell around 2.4x (1.8 to 3x, 2956 comps). Priced 60% above the median.
- Monthly revenue
- $23,303
- Monthly expenses
- $14,679
- Monthly net profit
- $8,624
- Profit margin
- +37%
- Revenue trend
- +4%
- Users trend
- -54%
- Monetization
- eCommerce
- Niche
- Pet Care
- Hours / week
- 3
- Days on market
- 8
- Business location
- US
Summary
This listing is for an eCommerce business created in January 2020 in the pet care niche. The Shopify store features 8 SKUs used for pet waste removal. The business has experienced strong year-on-year growth in net profits, with average net profit margins of approximately 35% over the last 12 months. The business earns consistent revenue from its subscription program and requires minimal effort from the Seller to maintain. The top three traffic channels include paid search (31.25%), social (27.18%), and direct (21.43%). The top three countries driving traffic are the US (88.05%), Canada (6.91%), and Ireland (1.37%). Approximately 50% of revenue in 2021 was recurring revenue from customers enrolled in the subscription program The business uses one main supplier based in China. Inventory is shipped from the supplier to a 3PL fulfillment center in Canada. The Seller spends approximately three hours on the business per week, attending to customer service, overseeing inventory, and creating and monitoring ad campaigns. Growth opportunities for the Buyer include expanding the product offering, adding new sales channels, growing the business’s international presence, and leveraging TikTok and other social media platforms to increase brand awareness. **Learn more about this listing by scrolling down to the FAQ section**
Reason for sale
The Seller would like to focus on other business opportunities.
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.