Unique Business Flipping Shopify Stores-With Astounding 44+ ROAS
This extremely unique digital online business is owned by an extremely successful entrepreneur, with hands in 3 other major ventures. Business started off as a Sole proprietorship in 2021 and more recently changed into a Corp.
What is the business:
This almost 4 year old business (side hobby) was started to prove a specific business idea. The business acquires highly undervalued dropship Shopify stores and resells from 500%, up to 2,000% in some rare cases. This is not the main business for the owner and he has treated this business as a “side hobby”. A new owner can easily scale this business by three fold at a minimum.
How are the finances?
The financials for this unique business model are beyond exceptional. The business rakes in over 87% in profit margins. With extremely very little ad spend, this business sees an astounding Return On Ad Spend(ROAS)of $20-$55. Meaning for every dollar spent on advertisement, we get back $20-55 dollars in return. With some sales depending on the size seeing even double the above numbers. Overall 2023 ROAS saw an average of $44 for every dollar spent on ads.
2021:
Revenue: $29,800 USD
Profit: $24,230 USD
2022:
Revenue: $108,300 USD
Profit: $81,800 USD
2023:
Revenue: $249,900 USD
Profit: $216,400 USD
2024:
Revenue: $204,200 USD(Jan till May)
Profit: $180,500 USD (Jan till Sept)
Business is projected to finish 2024 at over $300,000 USD in revenue and over $250,000 USD in profit.
What is included:
*Website(domain)
*Current assets for sale
*1,300 contacts of investors and buyers accumulated over the years(extremely valuable)
*Mail chimp account(weekly newsletter showcases deals for sale and keeps contacts warm. Some sales come from this newsletter)
*SOPS
*VA(virtual assistant to handle email inquiries and training and support period for almost 100% hands off ownership)
*100,000 USD minimum contractual profit guarantee in 1st year
* Training and support till 1st sale is achieved
*Business guarantee(Should you feel the business after sometime it is not what you had hoped, we will help you resell it)
Ideal buyer:
*Wants an automated and extremely passive business
*Wants a business that has endured covid and high interest rates
*Wants a fairly hands off business
*Wants a recession proof business
*Wants a business that can be based anywhere in the world
*Wants an extremely easy business to run with little to no experience
*Wants to learn from a very successful multi-millionaire entrepreneur
Reasons why owner is selling:
*Owner is putting all his eggs into cash flowing real estate investments
*Serial entrepreneur with many hands in other bigger verticals that need more attention as well
*Gets bored easily and looking to jump into something else(hence serial entrepreneur)
Asking price:
*Asking $495,000 USD with $395,000 USD down. Seller financing $100,000 USD over 4 years
*MUST BE A VERY SERIOUS & CASH READY BUYER TO INQUIRE
*MUST BE ABLE TO PROVE FUNDS TO GET MORE INFORMATION
*Again please absolutely ONLY highly interested and cash ready buyers should inquire
*NOT in a rush to sell
