My partner and I have been running a small ecommerce business in the sustainability niche.
But we are expecting our first baby in Dec and we have been considering options as we want to spend time with the family.
The business has really good reviews, 11.4 k social folllowung, 10% return customers and a lot of processes, unique products that has helped us carve out our own little blue ocean.
Both the business and we are not at stage where we can justify hiring more to carry it forward and free our time.
I am thinking selling it could be an option? Does anyone here have any experience with ecom store sales, or any tips or idea how much we could sell it for? Also, how i would go about it?
Thanks in advance 🙏
P.S. profits are around 20% but there are ways that things can be streamlines
Some time ago ECOMs were selling for 3x yearly profit. Not sure how number are now.