Hobbies, Equipment

#93279
For Sale
Verified

Hobbies, Equipment

DropShipping
Listing Price $96,295
Monthly Multiple 29x
Pricing Period 12 Months
Avg. Monthly Profit $3,321
Avg. Monthly Revenue $10,209
Profit Margin 33%

First Made Money

1st of April, 2020
(6 years 2 months old)

Assets Included in the Sale

  • Treasure Coast Metal Detectors
  • Blue Legend Co
  • @treasurecoastmetaldetectors.com
  • @bluelegendco.com
  • Shopify Account
  • Google Ads
  • Meta Ads
  • TikTok Ads
  • Bing
  • Email Marketing Software
  • Email List
  • All Images & Copy Materials
  • SOPs
  • Software Tools
  • Stock Image Account
  • Supplier Relationships
Listing Details

Launched in 2020, this Dropshipping business operates in the metal detecting niche, offering metal detectors and related accessories from leading industry brands through a dropshipping model. The business has established supplier and distributor relationships across the United States, providing access to a wide range of products without the need for significant inventory ownership. Key strengths include high organic traffic and sales, healthy profit margins, and a simple operating model supported by U.S.-based fulfillment partners.

Revenue is generated through a combination of organic search traffic and Google Ads, with the majority of orders fulfilled directly from supplier warehouses located in Florida, Texas, and Maryland. The store initially started as a physical store, the seller then transitioned to ecommerce to spend more time with his family. Approximately 95% of inventory is held within supplier facilities, while a small amount of inventory is maintained locally to support select sales opportunities. The business works with multiple established suppliers representing some of the industry's leading brands and benefits from long-standing distributor relationships. Operations are straightforward, with the owner primarily managing sales, customer inquiries, supplier coordination, and order fulfillment oversight.

The valuation is based solely on the online portion of the business. The seller also generates some local, in-person sales through Shopify POS from a storage unit in Florida. As these sales are location-dependent and may not be transferable to a new owner, the associated revenue has been excluded from the valuation P&L. Because inventory costs for local and online sales could not be separated with certainty, online COGS were estimated using the historical blended COGS percentage of 39% from the overall business. The seller and accountant have confirmed this to be a reasonable approximation given the similar product costs across both sales channels.

Growth opportunities include expanding paid advertising campaigns, increasing email marketing efforts, further developing social media channels, and building additional content to strengthen organic search visibility. The business also has opportunities to expand product offerings and deepen relationships with existing suppliers. With established supplier contracts, diversified traffic sources, minimal inventory requirements, and a proven operating history, this business presents an attractive opportunity within a passionate and enduring enthusiast market.

Earnings
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Net Profit
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Site Traffic
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Unique Users
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Seller Questions & Answers
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Opportunities
  • Focusing on higher-margin OKM products to improve profitability
  • Opening a physical store to boost local sales and profits
  • Offering metal detecting lessons and guided day trips for additional revenue
  • Expanding into gold prospecting equipment and supplies
Risks
  • Dropshipping businesses can be negatively impacted by an increase in cost of goods (COGS) from the manufacturer.
  • Supplier/factory changing terms of agreement or unable to produce product to meet demand
  • An increase in Paid Traffic pricing could make the ads unprofitable.
  • Supplier increasing prices
Work & Skills Required
  • Managing day-to-day business operations
  • Handling products and inventory
  • Selling products and coordinating shipping and local sales
Seller Support Includes

The seller is happy to provide 30 days of support to ensure a smooth transition for a new owner.

Reason for Sale

The Seller would like to explore other opportunities.

Other Information

Work Required Per Week: 40 Hours

Private Blog Network (PBN): No

Domain Type: .com

Platform: Shopify

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