Facts and Figures
Schwifty DIrect is an e-commerce business that operates in the Entertainment industry. Founded in 2018 in United States, this business currently enjoys Avg. Revenue/month $6,240 and delivers Avg. Profit/month $1,340. The profit/revenue has more than doubled in the last 2 weeks compared to the month before. We sell merchandise following the word "schwifty" from popular television show Rick and Morty. There are also other products on the site following the Rick and Morty theme as well.
How does your business make money?
We dropship all kinds of merchandise that have to do with Rick and Morty from supliers in china. Anything from shirts to the best selling beanie will be bought for a fraction of the price we sell them at. The fulfillment is mostly automated and takes very little time.
Why should someone buy this business?
This e-Commerce store was created about a month ago and has grown exponentially since then. It has gone from barely profitable to doing $350 to $500 in revenue a day while only spending a little over $100 on ads. This is anywhere from $100-$200 profit EVERY DAY. To put that in perspective that is $3,000-$6,000 a month or $36,500-$73,000 a year. This can easily be doubled or even tripled with scaling. Scaling could be as simple as going from spending $100 a day on ads (what is being spent now) to doubling sales and spending $200 a day. The business model also requires very little time to run. To get it were it is now it took around 5-10 hours a day for a month but were it is now it only takes about 1-2 hours a day. This business is a steal at the price being sold and can easily make back the money spent on buying it within as little as a couple weeks.
How can the future owner improve this business?
This store has had almost no scaling done to it but is still very profitable and so if you were to scale the ads then revenue and profit could soar. Can easily double or triple revenue being done now. You could also hire VAs for extremely low costs that will handle all the work for you and you can just wake up to money everyday! Another thing to consider is once a new season of Rick and Morty comes out (suspected later in 2019) the sales will SKYROCKET!
- High levels of Automation
- High Profit Margins
- Low Time Commitment Required
- Scalable Business Model
- The Business Is Currently Growing
Opportunities for a new owner
- Launch New Products
- Improve Current Marketing Efforts
- Improve or Outsource Operations
Key day-to-day operations
- Customer Support / Service
- Order Fulfilment
- Content marketing
- Adwords Maintenance
- Email Marketing
- Facebook Advertising
- Instagram Advertising
- All Site Content and file
- Customer Database
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
I am a young entrepreneur using e-Commerce to build the life i have always wanted.