$8.7K Per Month eCommerce Business in the Beauty Niche
Asking 3.0x annual profit. Comparable Ecommerce businesses sell around 2.4x (1.8 to 3x, 2956 comps). Priced 25% above the median.
- Monthly revenue
- $8,691
- Monthly expenses
- $7,150
- Monthly net profit
- $1,540
- Profit margin
- +18%
- Revenue trend
- -66%
- Users trend
- -34%
- Monetization
- eCommerce
- Niche
- Beauty, Personal Care
- Hours / week
- 6
- Days on market
- 217
- Business location
- CA
Summary
Established in late 2020, this Shopify business specializes in the sale of Korean beauty products in Canada and has become a popular destination for beauty enthusiasts seeking the latest in K-beauty trends. Of note, the site uses no paid ads - instead relying on its extensive social media presence to drive sales. With an average of 2.2M views/month on TikTok and 2.8M views/month on Instagram (stats pulled from last month). This provides an opportunity for a new owner to scale - and consider re-using the best content for paid ads. The current owner's responsibilities include answering customer emails, reordering inventory, creating social media content, and managing payments to content creators. These tasks are streamlined to ensure maximum efficiency. Included in the sale are 3 freelance creators who produce engaging videos, graphics, and email newsletters. This creative team is a pivotal asset, driving the organic reach that the business relies on. The business boasts impressive social media followings with 32K followers on Instagram and 139K on TikTok. In addition, there is an email list of over 14,000 contacts included in the sale. Disclaimer: Inventory is not normally included in the list price; further details can be provided to Unlockers. Note - this business runs on a Canadian domain. A new owner of this business may need a Canadian legal entity in order to hold the domain
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.