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Private listing #53570

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  • Avg. revenue /month
    $28,935
  • Avg. sessions /month36,248
  • Avg. profit /month
    $4,000

Business Story

Why this business was started

We are new wireless headphone branded company. With the rise in wireless technology and cell phone manufacturers eliminating head phone jacks, there is an increasing demand for True Wireless Headphones. Today, the choices are limited to the large brands like Apple Airpods, Bose, Beats, etc starting at $200. I realized that there was a need for high quality - affordable alternatives. This is why I decided to start this business due to the demand and also the fact that there are a lot of untapped manufacturers creating high quality headphones at affordable prices.

The reason of selling this business

I am selling the business because my B2B commercial brand has been taking off and I just don't have time to grow this. It's unfortunate because I have put a lot into this brand, logistics and back end processes and see the huge potential based on the sales I’ve generated thus far. My main focus is to provide excellent products and customer service. You should only take this on if you are SERIOUS about growing a LONG TERM brand that can compete in the same space as Apple, Jaybird, Samsung, JBL, Bose, etc...

What's involved in running this business

The fulfillment is automated, inventory set, website done, customer funnels and experience done so the only thing to do is focus on customer service (after sales) and continuing to grow the brand. It's ready to scale so focusing on marketing and sales is the most important part. Two of our active ads running have generated over 1 million views along with thousands of engagements. This has created tons of paid and organic sales along with optimization of pixel data to understand who the best customer profiles are.

This business was founded: 8 months ago
Time to run this business: approximately 30 hours per week

Traffic and Performance

  • Avg. revenue /month
    $28,935
    Verified
  • Avg. sessions /month36,248Verified
  • Avg. profit /month
    $4,000
  • Profit Margin10%
  • Avg. sales /month1,000
Other details about profit: I was able to create a very healthy profit in the first month of launch. This is definitely not normal for a business to be positive in such a short period of time. This only means there is huge potential for profits with the continued push on sales, marketing and customer success
Total revenue
  • $202,545
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 253,736Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $30
      /month
    • Employees
      $1,000
      /month
    • Domain
      $14
      /year
    • Various Upsell Apps
      $200
      /month
    • Facebook, Google, Instagram
      $3,000
      /month
    • Video Editing Tools
      $100
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All the assets including the custom website, logo, brand images, video ads will all be handed over together giving you full copyright privileges
    • Personal support after sale

      I will provide the new owner a full knowledge transfer of how to run the day to day operations. I will also give a crash course on how to use Facebook Ads as well as Google Ads. Training with Q&A will be up to 1 week.
    • Domain

    • Product photos

      All will be given over which is included in the website along with other high quality images stored on the cloud
    • Social media

    • Suppliers

    • Mailing List

      20,000subscribers

    Seller‘s Advice

    How to grow this business

    Since the entire back end is setup, I would now just focus and marketing, sales and building up the social media presence. I have already begun the process of private labeling and would continue to build on the brand. Once that is complete, creating custom content and a household brand will definitely weed out the generic competition.

    Skills to have

    Since most of the technical part was done, the biggest skill would be marketing and sales. This would have to be the main focus is continuing to push more advertisements. However, the product demand is high, so it definitely is selling itself.

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