Flippa
For Sale

Tribeca Watches

Business Model
e-Commerce
Industry
Electronics

$45,000

Asking Price
Tribeca Watches is a dropshipping store that focused on selling technological items that had high margins (45% after marketing & COGS) and did well with facebook ads.

Facts and Figures

Location
United States
Date of Founding
2018
Full-Time Staff
Owner Operated
Avg. Expenses /month
$15,690
Avg. Profit /month
$15,635
Avg. Revenue /month
$31,325

Business Description

We dropship electronics from aliexpress. All orders are fulfilled by staff members. We strictly used facebook and instagram ads and brought in a very fast stream of revenue within four months. This business now is ready to be moved to the next level with more spending on facebook and instagram.

A lot is still on the table to make this company grow. Google Adwords has not been tried. Twitter impressions have not been tried. ZERO email marketing has been implemented.

How does your business make money?

We make money off facebook ads. Our total revenue was $125,000 over 4 months. Doing the best in the month of November leading up to Black Friday we did over 50,000 in sales in half of the month.

Why should someone buy this business?

Founded in August, this business has grossed over $125,000 in four short months with over 55% profit margins leaving us $62,540 profit in four months. That equates to $15,635 profit a month with a staff of me (owner) and one other person to fulfill our orders at 0.12 cents an order.

With 551,000 store sessions, there is certainly a lot of data to work with or to be sold to other dropshipping businesses.

How can the future owner improve this business?

New ways to bring in revenue:

  • Implement more instagram influencer leveraging (extremely large amount of sales in a short amount of time when we tried this on a few pages

  • Google adwords - better conversion rates

  • Email Marketing - This has not been touched yet. That could be an additional $10,000 within the first week if thats taken care of properly.

  • Scale FB ads HARD. These babies are working great and don't seem to be showing any signs of slowing down anytime soon.

Business Strengths

  • High levels of Automation
  • High Profit Margins
  • Outsourced Order Fulfilment
  • Passive Revenue
  • Scalable Business Model

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Launching New Products
  • Order Fulfilment
  • Content marketing

Marketing

  • Affiliate Marketing
  • Facebook Advertising
  • Influencer Marketing

Inventory

Units
-
Value
-

Assets

  • All Site Content and file
  • Customer Database

Social Media

Facebook
0 followers
Twitter
0 followers
Instagram
24K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Private Seller

Andrew McCarthy

United states

Been drop shipping with shopify for two years now. Featured in Forbes, HuffPost, and many more. Moving into the investing space and clearing out all of my stores as I launched a hedge fund recently.

Contact Seller