- Avg. revenue /month$10,976
- Avg. sessions /month5,009
- Avg. profit /month$3,000
Why this business was started
I started his business back in May 2020, I actually found this product in a article talking about some good product inventions made in the 80s and since I had never seen this product before I though I'd ask my agent if they could supply it and we went from there.
The reason of selling this business
There are a few reasons for selling this store, the main one is that I have other stores running that I have invested stock in the United States for and the management of these stores does take a lot of time and investment. Which then means I'm unable to invest into this business for stuff like stock etc. and that leaves t rely on the dropshipping model which is great, but there isn't as much room for scalability as there would be if I was able to order large amounts of stock and scale from there. And this just leaves me at the point of making a couple of thousand a month from this store.
What's involved in running this business
The business involves selling a certain high quality fitness product at a premium price by presenting our business as a brand to all our potential customers.
As for the fulfilment side, we use agents in China for the fulfillment of all our orders, unfortunately I won't be recommending the agent as they are my personal team but I can help the buyer with the sourcing process by guiding them in the right direction.
Traffic and Performance
- Avg. revenue /month$10,976Verified
- Avg. sessions /month5,009Verified
- Avg. profit /month$3,000
- Profit Margin22%
- Avg. sales /month183
- Shopify plan
- Paid Apps
Physical inventoryNot Included
Logo and branding assetsI will transfer over all the logo files for the business through email.
Personal support after saleI will be available for around a month after the sale to answer any questions and help in any way I can.
Product photosThese assets are already in the Shopify admin.
How to grow this business
First I would focus on finding an incredible supplier for this product and building really good relations with him/her. And while the whole coronavirus situation is still going on, I would focus on sticking to China fulfilment, but once everything calms down the best thing to do would definitely be moving to US fulfilment and private labelling the product as there is a very high demand for this product in the US.
Skills to have
This business would be perfect for both beginners and veterans in the dropshipping space. It would provide beginners with the most simple way of entering the dropshipping space and make good revenue from the start as this is already a proven product with a proven website.
And for veterans who know what they are doing, they could potentially scale this to the moon as I have mentioned before as everything in this store has been set up. All that the buyer would need is good advertising strategies and a good sourcing connections where they may be able to get a lot more units of stock.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.