#30 - For Sale: eCom Biz w/strong margins

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👋 Hey fam!

Welcome to the 94 new people who have joined this week!

In this week’s issue:

  • 🛒 eCommerce - 1 listing

  • 🗄️ Traditional business - 1 listing

  • ☁️ SaaS - 1 listing

  • ☁️ SaaS - 2 listings

  • 🗄️ Traditional business - 1 listing

  • 🕵🏼‍♀️ Service - 2 listings

Alright, Let’s explore!

Estimated Reading Time = 5 minutes

🚀 Startup Spotlight

Discover profitable online and traditional businesses.

💰 Asking Price: $800,000

Profitable eCommerce with $2,095,655 in TTM revenue and $368,102 in TTM profit selling a variety of products within many popular categories including Home and Garden, Pet Products, Tools, Camping Gear, and more.

The products are generally useful and solve a problem, such as a toilet seat that can be placed over a five-gallon bucket. (It’s great for camping or outdoor adventuring!) The business utilizes a variety of marketplaces.

Type: eCom

Key Highlights

  • $2,095,655 in TTM revenue

  • $368,102 in TTM profit

  • $159,046 in revenue last month

  • $44,865 in profit last month

🚀 Growth Opportunities 

  • Owned Brands: Try figure out marketing angles or bundles to promote your own brand. Assuming the margins are higher with owned brands you would see a greater lift MoM in profit margins if you started pushing your own brand.

  • Marketplace expansion: Focus on getting into new marketplaces similar to Lowes to help get more traction on the brand.

🚩 Cons

  • Founder: Founder is looking to retire so will be off-boarding straight away once business is sold. I would try to negotiate some type of deal where the founder stays on board to train you and help build any useful connections in the wholesale space.

💰 Asking Price: $1,200,000

This cleaning company which started in 2013 has excellent search engine presence in the Lake County and the surrounding areas.

Most of the company’s revenue comes from recurring appointments with customers that are cleaned every one, two, or four weeks. The company also does one time and Move In and Move Out Related cleanings.

Type: Traditional Business

 Key Highlights

  • $460,000 in Cash Flow

  • $1,200,000 in Gross Revenue

  • $460,000 in EBITDA

  • $5,000 in FF&E

  • 9% growth in the first quarter of the year

  • 20 employees

🚀 Growth Opportunities

  • Airbnb: Build relationships with owners who own homes on Airbnb. Huge opportunity to message a bunch and become their cleaning partners and scale that service offering out in the business.

Owner is retiring and will ideally provide 30 days of in person training and any information on a written document around process for the business.

In Partnership With Foxwell Founders

Foxwell Founders is a community of some of the smartest marketers and operators in the world.

I personally am active in that group and often engage with other members whenever I have questions around finance, operations or marketing for businesses.

Foxwell Founders also provide monthly audits, expert discussions, small group masterminds and much more!

So, If you’re looking to upgrade your knowledge and also be surrounded by supportive operators who you can get direct access to and ask any question you want then I’d highly recommend talking to Andrew.

While I don’t have a discount code, if you’re looking for a deal on a Founders membership, Andrew told me to have you email him directly: [email protected] and because you're on my email list he'll hook you up

Feel free to email Andrew above and also read more about the Founders membership here

💰 Asking Price: $156,230

AI content tool with an MRP of $8.6k at 30% Profit Margins.

Type: SaaS

 Key Highlights

  • $28,459.00 in Monthly Revenue

  • $8,679.00 in Monthly Profit

  • 30% profit margin

  • Email List of 6500 subscribers

  • 17% recurring subscriptions

🚀 Growth Opportunities

  • Marketing: Test new landing pages based on the current ads that are live. Huge opportunity to increase conversion rate and maintain profitability from ads.

  • Agency: Start cold outreach to organic content agencies to get them to use this tool for their clients. Offer them a free trial or a kick back whenever they get you more clients on board.

🚩 Cons

  • Site Traffic: Curious why site traffic has drastically decreased this year vs last year. Seems like revenue has also dropped when you compare those metrics with site metrics.

🤌🏼 Thread Of The Week

Brilliant cashflow breakdown by Michael.

Must read if you’re currently operating a business and don’t know your financials.

✍🏽 My Weekly Read

Here’s this week’s #1 FREE favorite newsletter we read to help us be better operators:

  • The Sweaty Startup - Anyone interested in making more money, and becoming a better manager of people. Nick covers topics ranging from real estate, private equity, personal development, wealth creation, and business.

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