- Avg. revenue /month$7,746
- Avg. sessions /month10,883
- Avg. profit /month$3,000
Why this business was started
I was looking at starting something on the side to make money and I liked the business model so I gave it a shot. I'm kinda blown away with how much success I've had so far, as this was my first store. It's a pretty simple business to run, but it's not easy to start or everyone would be doing it. But once you build data and get a nice platform going it's pretty laid back.
The reason of selling this business
I decided to sell the store because I'm waiting to get some capital, for a few adventures I would like to start in 2020. It's almost been an entire year now since I've started this store and I'm ready for a new beginning :)
What's involved in running this business
There's not really much to do and most of it's pretty easy. Fulfilling orders, running the social media, doing customer service and advertising are really the main things you gotta spend your time on. Some things are able to be outsourced also.
Traffic and Performance
- Avg. revenue /month$7,746Verified
- Avg. sessions /month10,883Verified
- Avg. profit /month$3,000
- Profit Margin30%
- Avg. sales /month1,000
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsI will send everything via email.
Personal support after saleI will be available for any help you need or questions you have for 48 hours, Via email. I will reply to any emails from you within 30 minutes :)
Product photosI can send photos via email.
How to grow this business
What I would do if I kept the store over the next 5 years would just be continuing what I have already done so far; Focusing on building a long term brand. I would continue to add new hot products that relate to the niche. Improving different elements of the store in general like packaging, branding, order fulfilment, customer service, ect. I'd say the hard part is already done, which was getting customer data, doing so helped our ad performance exponentially. But ultimately, scaling the store would be the goal over the next five years. Taking it from 75k in sales and adding a zero or 2 to that.
Skills to have
If you wish to run the store yourself than you just need to know the basics of running a shopify store and knowing how to advertise it. Knowing how to outsource work is also very helpful.
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.