$39.4K Per Month DropShipping Site in the Occasions & Gifts Niche
Asking 2.3x annual profit. Comparable Ecommerce businesses sell around 2.4x (1.8 to 3x, 2956 comps). Priced 3% below the median.
- Monthly revenue
- $39,395
- Monthly expenses
- $32,354
- Monthly net profit
- $7,041
- Profit margin
- +18%
- Revenue trend
- +93%
- Users trend
- +74%
- Monetization
- DropShipping
- Niche
- Occasions & Gifts, Home, Art
- Hours / week
- 10
- Days on market
- 179
- Business location
- US
Summary
This Dropshipping business was launched in 2020 and specializes in selling personalized artwork and gifts. The niche focuses on products that hold sentimental value, making them popular choices for birthdays, anniversaries, and holidays. Some positives of the business include a solid conversion rate of 2.46%, a healthy return customer rate of 8.39%, and impressive year-over-year revenue growth of 16.41%. Additionally, the business boasts a net profit margin of 23.12%, which is notably high for a dropshipping business. The business utilizes two suppliers based in China, streamlining the supply chain by having products shipped directly to customers, which reduces overhead costs. Inventory management is simplified due to the nature of dropshipping, eliminating the need for storage facilities. The seller spends approximately 10 hours per week managing Facebook and Google Ads and posting on social media to drive traffic and sales. A virtual assistant who handles customer emails and live chat supports the seller as well as a user-generated content (UGC) creator who contributes to marketing efforts. With a Total Advertising Cost of Sales (TACoS) of 40.59%, the business effectively leverages advertising to maintain growth and profitability business
Reason for sale
The Seller would like to explore other 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.