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10 Y/O Dropship Personalized Artisanal Gift Store

28 February 2019 12 April 2019
  • Dropshipping
  • Ecommerce

Annual revenues

$382,000

Annual profit

$92,000

Multiplier

x 2.28

Asking price

$210,000

For sale is an established dropship e-commerce business in the artisanal food and gifts space with over a decade in operating history.

Launched in 2006, the business has stood the test of time to become the go-to provider of personalized and artisanal products sourced from regional cottage suppliers. With a range of high-quality product lines including gift baskets, gourmet foods, and custom signs, the business has shown continuous traction with its users.

As the tradition of gifting has passed down the generations, personalization and supporting local businesses has become more popular amongst consumers and as a result, the novelty souvenir niche reached an impressive c.$17 billion in US sales in 2018. With a long history in this niche, the business stands poised to capitalize on this growing trend which sees no sign of slowing down.

The business boasts robust supplier relationships, now offering thousands of SKUs while providing same-day shipment and customization. This has resonated well with customers, with the business driving c.33% of revenues in the LTM from repeat buyers. With a strong brand and web presence, the business is primed for additional growth.

The business presents a great acquisition opportunity for a new owner looking to take over a refined and established e-commerce business with plenty of growth opportunities at its disposal.

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