Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The business operates with low fixed costs and a reliable supplier network, allowing flexibility and efficiency without the need for in-house inventory. Orders are fulfilled directly by suppliers, keeping operations lean and highly scalable. Over the past 12 months, the business has generated $318K in revenue with $44.5K in net profit, achieving a lifetime total of $6.3M in sales. With a strong customer base, 93K email subscribers, and 11K Facebook followers, this business is well-positioned for further growth through expanded marketing channels and broader audience reach.
Business Overview:
- Year Established: October 2018
- TTM Revenue: $318K
- TTM Net Profit: $44.5K
- Profit Margin: 14%
- Business Model: Dropshipping
- Platform: Shopify
Growth Highlights
- Profitable & Efficient: Since its launch, Olive has maintained high margins and consistent profitability through a direct-to-consumer model. It serves customers seeking timeless, cruelty-free handbags and accessories, combining vegan materials with quality craftsmanship for everyday elegance.
- Scalable Fulfillment Model: It operates on a dropshipping model, meaning no inventory is held. Orders are processed and shipped directly by suppliers, allowing for low overhead, flexibility, and easy scalability without warehousing or logistics complexity.
- Engaged, Targeted Audience: Serves a growing audience seeking affordable, high-quality vegan handbags and accessories for women. The brand has built a loyal following with over 11,000 Facebook followers and a 93,000-strong email subscriber base, reflecting strong engagement and repeat customer potential.
- Diversified, Proven Marketing Stack: Customer acquisition is powered by Meta and Google advertising, supported by strong brand demand and a large email list of 93K subscribers. Retention is strengthened by efficient operations, quality vegan leather products, and a 13.9% returning customer rate, while curated collections help maintain customer engagement and loyalty.
Built to Scale
This is a rare opportunity to acquire a profitable e-commerce brand with efficient operations, high margins, and a strong digital presence. The business has a loyal customer base, supported by 70K Instagram followers, 93K email subscribers, 11K Facebook followers, and relies on efficient dropshipping fulfillment, positioning it perfectly for continued growth.
Focused on handbags and accessories, the brand combines operational simplicity with consistent demand. It offers an excellent platform for expansion through new product lines, audience growth, and increased marketing budgets across Meta and Google Ads, further enhancing its already proven profitability.
A dedicated Marketing Manager & E-Commerce Manager could stay on for a new owner if he/she wishes.
Competition
Its data-driven marketing strategy and established digital presence, 11K Facebook followers, 70K Instagram followers, 93K email subscribers and 85K+ customers, reinforce its position in the sustainable fashion niche.
These advantages give the business a distinct edge and present a scalable platform in the expanding market for stylish, ethical, and accessible accessories.
Expansion Potential
With 85K+lifetime customers, 93K email subscribers, 70K Instagram followers and 11K Facebook followers, the brand benefits from proven performance on Meta and Google Ads and a customer base aligned with sustainable, eco-conscious fashion. The model is turnkey, cost-efficient, and well positioned for scale through expanded marketing and product development.
This is a strong fit for buyers seeking a profitable, streamlined e-commerce operation with clear long-term growth potential.
Buyer Support & Terms
Support and Training
Support will be going by the following methods:
- Online call
- Phone call
- In person (If possible)
Seller Financing
TBD
Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.
All communications, agreements, transactions, disputes and claims are solely between the relevant parties.
Learn how to avoid scams
Singapore