10-Year-Old Drop-ship Shopify Business | Industrial Products
Business Description
Launched in 2016, this drop-ship store specializes in industrial floor marking tape, safety signs, floor mats, epoxy, and warehouse protection products. The business has spent nearly a decade building a customer base of over 24,000 contacts and a supplier network of eight vendors, all extended on net-30 payment terms (negative cash conversion cycle).
Orders placed on one of several branded domains flow automatically to suppliers who handle all picking, packing, and shipping. There is no inventory to manage, no warehouse, and no debt. A virtual assistant who has been with the business for 15 years handles customer service, order entry, and collections, but is not needed if a new owner wants to work a few hours per week. The owner currently spends roughly five to ten minutes per day reviewing orders and handling month-end reconciliation.
Despite a decline in revenue, the business has maintained a 28.5% repeat-order rate, and the overall average order value sits at $643, with wholesale and net-30 draft orders averaging over $1,000.
The primary growth levers a new owner could pursue include expanding listings to Amazon, eBay, Walmart, and other channels the current owner has not tapped into, such as scaling paid advertising back up with improved ROAS discipline and broadening the product catalog using the same drop-ship model with existing and new suppliers.
A private-label line would be the most transformative long-term move, though it would require the most capital and effort.
*This business can be run from anywhere.
**Please see the package for timelines for this business. Cash offers only
Key Benefits:
Highly Passive Model: Owner commitment averages just 5–10 minutes per day.
No Inventory: The business utilizes a pure drop-ship model with net-30 supplier terms that transfer to the buyer.
Tenured Support in Place: A virtual assistant who has been with the business for 15 years manages daily operations and customer service.
Established Customer Base: More than 24,000 customers comprise the brand’s customer base, with a repeat-order rate of 28.5%.
Orders placed on one of several branded domains flow automatically to suppliers who handle all picking, packing, and shipping. There is no inventory to manage, no warehouse, and no debt. A virtual assistant who has been with the business for 15 years handles customer service, order entry, and collections, but is not needed if a new owner wants to work a few hours per week. The owner currently spends roughly five to ten minutes per day reviewing orders and handling month-end reconciliation.
Despite a decline in revenue, the business has maintained a 28.5% repeat-order rate, and the overall average order value sits at $643, with wholesale and net-30 draft orders averaging over $1,000.
The primary growth levers a new owner could pursue include expanding listings to Amazon, eBay, Walmart, and other channels the current owner has not tapped into, such as scaling paid advertising back up with improved ROAS discipline and broadening the product catalog using the same drop-ship model with existing and new suppliers.
A private-label line would be the most transformative long-term move, though it would require the most capital and effort.
*This business can be run from anywhere.
**Please see the package for timelines for this business. Cash offers only
Key Benefits:
Highly Passive Model: Owner commitment averages just 5–10 minutes per day.
No Inventory: The business utilizes a pure drop-ship model with net-30 supplier terms that transfer to the buyer.
Tenured Support in Place: A virtual assistant who has been with the business for 15 years manages daily operations and customer service.
Established Customer Base: More than 24,000 customers comprise the brand’s customer base, with a repeat-order rate of 28.5%.
About the Business
- Years in Operation
- 10
- Employees
- 2 Contractors
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Market Outlook / Competition
- The business has multiple competitors in the niche.
- Opportunities for Growth
- Growth opportunities include capitalizing on the expanding market, diversifying product offerings, investing in content marketing and SEO, expanding to online marketplaces and B2B channels, and pursuing international expansion.
About the Sale
- Seller Motivation
- The seller is ready to focus on their other business.
- Transition Support
- The seller will provide up to 40 hours of transition assistance over the course of six weeks following training, with a preference of two weeks of active assistance. Additionally, they offer availability for answering questions past this time frame.
Listing Info
- ID
- 2487038
- Listing Views
Listing ID: 2487038 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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