- Avg. revenue /month$3,967
- Avg. sessions /month3,490
- Avg. profit /month$3,000
- Inventory value$10,000
Why this business was started
We started this business based on the fact that we all workout at the gym here at the office and we needed a better way. We finally found a solution and built a specific store with the intent to turn it into a well performing and well respected brand! Since we have started, this has been the case. We have had nothing but great reviews and high click thru and conversion rates!
The reason of selling this business
We decided to sell our business because we are in the market of building high converting Shopify brands/stores, we are not in the space of running them and marketing them. This product has immense potential from just running/testing it for only 6 months with limited ad spend. We are looking to sell it to someone who has the proper capital to take this to where is needs to go!
What's involved in running this business
You will need to manage orders and running the targeted ads to customers to get sales. We use Facebook ads for this which works great and is profitable. We import everything to our warehouse and ship it straight from the warehouse to the customer with free 2 day shipping to insure the best customer experience. We have multiple retail stores and gyms that are interested in buying bulk of our products and putting it in their gyms which we have contacts for those. We also are in talks with 2 different wholesale companies that want 1,000+ units per month for stock which calculates to 10k per month profits. Due to the fact that we do not have a lot of capital, we could not keep advertising consistently because we could not buy and receive the product fast enough to our financial state. Someone who wants to take this company on and who has the capital to do so, will easily make this a million dollar brand.
Traffic and Performance
- Avg. revenue /month$3,967Verified
- Avg. sessions /month3,490Verified
- Avg. profit /month$3,000
- Inventory value$10,000
- Profit Margin47%
- Avg. sales /month400
- Shopify plan
- Inventory warehouse
- Reviews App
- Shipping + Customer Packaging ($5 Per Unit Shipped)
Logo and branding assetsWe will send these Photos through Google Drive/Email to you during Escrow Transaction. We have 10+ photos and videos that we have custom made. We have Photoshop Files and Premiere Pro Files and Fiverr Connections! They are mostly JPEG'S and PNG'S.
Personal support after saleWe are able to help you through the Phone, Email, and Google Meet based on what you need. We can provide assistance on marketing and website service for the first 30 days answering any questions needed! After that 30 days we will no longer be helping with anything and we will be 100% out of the business!
Product photosWe will send these Photos through Google Drive/Email to you during Escrow Transaction. We have 3 product photos that are custom made. We also have custom photoshop files. They are either JPEG'S and PNG'S.
SuppliersWe have 3 supplier relationships as well as 2 wholesale buyer relationships who are interested in 1,000+ units per month and 20+ retail/gym locations interested in selling our products in their gyms!
How to grow this business
We started this store in August and we only spend $100-$200 per day based on the amount of product that we have coming in. We have used our own money for this brand and are expanding monthly. We have not taken out any loans for the business and we own 100% Equity in the business. Also keep in mind that we have not scratched the surface of this product. We have only spent a limited amount of money in advertising costs to generate over $70,000+ in sales within the last 6 months. This product is a gold mine when attached to our brand. We are attaching a Merch Line as well which will double our sales volume in the coming months ahead! For anyone with the proper capital to take it on, it will explode in wealth for the individual who takes it on.
Skills to have
It is important that you know how to run a Shopify Store and can handle shipping products yourself or sourcing these actions to someone else. All of our products have logos and are already made including the accessory upsells which 60% of our customers buy upon reaching checkout!
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.