How To Acquire & Flip A $100K Business For $1M...

Discover How Smart Investors Are Using Acquisitions to Outperform Traditional Investments like Crypto and Real Estate

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How To Acquire & Flip A $100K Business For $1M...

Discover How Smart Investors Are Using Acquisitions to Outperform Traditional Investments like Crypto and Real Estate

Learn More

Prepared by:

TrendHijacking Team

Home Decor Shopify Store for Sale | NordikHome Review:

Site Year:

1 year

Monthly Revenue:

CAD $24,134

Overall Revenue:

CAD $168,941

Yearly Revenue:

CAD $168,941

Annual profit:

CAD $49,580

Monthly Profit:

CAD $7,082

Profit Margin:

29%

Overview

Nordikhome.com is an e-commerce platform specializing in Scandinavian-inspired home décor and lighting products. Established in 2024 and based in Canada, the business operates on a dropshipping model, sourcing products through private suppliers and utilizing Meta and Shopify for marketing and sales. The store boasts an average order value of $126 and reports profit margins between 20-30%. Key highlights include automated operations manageable in under 15 minutes per week and a high returning customer rate of 4.66%.

Key Insights

Website Performance and Metrics:

  • User Experience: The website predominantly features customer reviews, which, while valuable, overshadow product displays. This layout may hinder product discovery and affect user engagement.

  • Performance Metrics: Specific data on website traffic, bounce rates, and conversion rates are not provided. These metrics are crucial for assessing user engagement and site effectiveness.

Finances:

  • Annual Revenue and Profit: The business reports an annual revenue of $168,941 and a profit of $49,580, yielding a profit margin of approximately 29%.

  • Revenue and Profit Multiples: The valuation includes a 3.0x profit multiple and a 0.9x revenue multiple. The profit multiple aligns with industry standards for small to mid-sized businesses, while the revenue multiple suggests potential concerns regarding scalability or profitability.

  • Sales Trends: Notably, there were no sales from February to April, followed by a spike in May through July, and a decline in August. Such fluctuations warrant further investigation into seasonal trends or operational issues.

Operational Efficiency:

  • Dropshipping Model: The reliance on a dropshipping model allows for low overhead but may pose challenges in quality control and supplier reliability.

  • Time Investment: Operations are reportedly manageable in under 15 minutes per week, indicating a high level of automation.

Customer Data and Relationships:

  • Customer Base: With 2,275 customers and a returning customer rate of 4.66%, the business shows potential for building a loyal customer base.

  • Email List: An email list matching the customer count suggests opportunities for direct marketing and customer retention strategies.

  • Trustpilot Presence: The absence of reviews on Trustpilot and Google is concerning, as it may indicate limited customer engagement or efforts in soliciting feedback.

Legal and Compliance Due Diligence:

  • No information is provided regarding legal compliance, intellectual property rights, or regulatory adherence. Ensuring compliance with e-commerce regulations and verifying the legitimacy of supplier relationships is essential.

Challenges Identified

  • Inconsistent Sales Performance: The periods of no sales followed by spikes and declines suggest potential issues with market demand forecasting or marketing effectiveness.

  • Lack of Customer Reviews: The absence of reviews on major platforms may impact credibility and trustworthiness.

  • Website Content Strategy: Overemphasis on customer reviews at the expense of product visibility may deter potential buyers.

  • Limited Social Media Presence: No information is provided about social media engagement, which is crucial for brand awareness and customer acquisition.

Recommendations

  • Enhance Website Layout: Rebalance the website content to prominently feature products while still showcasing customer testimonials to improve user experience and product discoverability.

  • Gather and Display Customer Reviews: Actively encourage satisfied customers to leave reviews on platforms like Trustpilot and Google to build credibility.

  • Analyze Sales Patterns: Investigate the causes of sales fluctuations to develop strategies for achieving more consistent revenue streams.

  • Expand Social Media Engagement: Establish and actively manage social media profiles on platforms such as Instagram, Facebook, and TikTok to enhance brand visibility and engage with a broader audience.

  • Conduct Legal Compliance Review: Ensure all aspects of the business, including supplier agreements and customer data handling, comply with relevant laws and regulations.

Social Media Presence

Conclusion

Nordikhome.com presents a business with a solid foundation in the niche market of Scandinavian-inspired home décor. While it demonstrates commendable profit margins and an efficient operational model, challenges such as inconsistent sales, limited customer feedback, and minimal social media presence need to be addressed. By implementing the recommended strategies, there is potential to enhance the business's market position and achieve more stable growth.

Prepared by:

Dolapo Adedayo

TrendHijacking Team

Financial Overview

Month
Revenue
Expenses
Profit
Feb 2024
$471
$499
-$28
Mar 2024
$1,417
$974
$443
Apr 2024
$1,853
$1,325
$528
May 2024
$34,494
$22,100
$12,394
Jun 2024
$48,947
$33,135
$15,812
Jul 2024
$48,283
$40,520
$7,763
Aug 2024
$33,476
$20,808
$12,668

Contact the seller for more details, or book a viewing

Contact the seller for more details, or book a viewing

NordikHome Review
NordikHome Review

TrendHijacking Team

Home Decor Shopify Store for Sale | NordikHome Review:

Prepared by:

Home Decor Shopify Store for Sale | NordikHome Review:

Business Location

Business Location

,

Business Location

Business Location

Site Year:

Site Year:

1 year

1 year

Monthly Revenue:

Monthly Revenue:

CAD $24,134

CAD $24,134

Overall Revenue:

Overall Revenue:

CAD $168,941

CAD $168,941

Yearly Revenue:

Yearly Revenue:

CAD $168,941

CAD $168,941

Annual profit:

Annual profit:

CAD $49,580

CAD $49,580

Monthly Profit:

Monthly Profit:

CAD $7,082

CAD $7,082

Profit Margin:

Profit Margin:

29%

29%

Asking Price:

Asking Price:

$110,590

$110,590

Talk to an expert

We help busy Individuals Build, Launch & Scale an E-commerce Business with the sole purpose of an Exit*

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*DISCLAIMER: All testimonials shown are real but do not claim to represent typical results. Any success depends on many variables that are unique to each individual, business, and product market opportunity, including commitment and effort. Testimonial results are meant to demonstrate what the most dedicated partners, clients, and students have done and should not be considered average. Trendhijacking.com makes no guarantee of any financial gain from the use of its products or services.
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© 2025 Trendhijacking.com. All rights reserved.
Company No:
13503806

We help busy Individuals Build, Launch & Scale an E-commerce Business with the sole purpose of an Exit*

82A James Carter Road Mildenhall Suffolk IP287DE United Kingdom

7901 4th St N, Ste 300, St. Petersburg, FL 33702 United State

Support@trendhijacking.com

+44 20 3287 7320
+1 2136323209
Logo
Logo
Logo
Logo
Logo
*DISCLAIMER: All testimonials shown are real but do not claim to represent typical results. Any success depends on many variables that are unique to each individual, business, and product market opportunity, including commitment and effort. Testimonial results are meant to demonstrate what the most dedicated partners, clients, and students have done and should not be considered average. Trendhijacking.com makes no guarantee of any financial gain from the use of its products or services.
This site is not a part of the Facebook website or Facebook Inc. Additionally, This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.
© 2025 Trendhijacking.com. All rights reserved.
Company No:
13503806

We help busy Individuals Build, Launch & Scale an E-commerce Business with the sole purpose of an Exit*

82A James Carter Road Mildenhall Suffolk IP287DE United Kingdom

7901 4th St N, Ste 300, St. Petersburg, FL 33702 United State

Support@trendhijacking.com

+44 20 3287 7320
+1 2136323209
Logo
Logo
Logo
Logo
Logo
*DISCLAIMER: All testimonials shown are real but do not claim to represent typical results. Any success depends on many variables that are unique to each individual, business, and product market opportunity, including commitment and effort. Testimonial results are meant to demonstrate what the most dedicated partners, clients, and students have done and should not be considered average. Trendhijacking.com makes no guarantee of any financial gain from the use of its products or services.
This site is not a part of the Facebook website or Facebook Inc. Additionally, This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.
© 2025 Trendhijacking.com. All rights reserved.
Company No:
13503806