- Avg. revenue /month$7,910
- Avg. sessions /month6,389
- Avg. profit /month$5,000
Why this business was started
I decided to start this business, because i was look to test products in the fitness niche. The first product, that i knew would do well. Did very well! So from there, I scaled the store quickly. In the first month doing $11,000+ revenue, while running at break even. That is amazing as i was collecting data and scaling very agressivly, and the next month was very similar, i did $20,000+ at a 10% net profit margin, very small amount but set it up for scaling. about this time is the same time my other stores blew up. I no longer had time for this store. (read next question to understand the rest)
The reason of selling this business
I decided to sell this business, and scale down because i wanted to just let it coast, and not have to spend time on it any more with maximum profits, due to needing to spend time on other stores/brands. I scaled down, but only left my very profitable adsets on. Started running at a 20% profit margin, at low scale. Overall want to sell this store because it is worth value, and i have no reason to keep it. to be able to pay back what they bought it for within a month. And the rest would be straight profit. Its a great deal for both me and the buyer.
What's involved in running this business
Involved in running this business is mainly running facebook ads. As you will have a VA to cover the customer service, and order fulfillment. Your main job will be checking and vertically/horizontally scaling your ads in order to continue to scale up and make more profit.
Traffic and Performance
- Avg. revenue /month$7,910Verified
- Avg. sessions /month6,389Verified
- Avg. profit /month$5,000
- Profit Margin20%
- Avg. sales /month400
- Shopify plan
- paid apps
- facebook ads
Physical inventoryNot Included
Logo and branding assetsThe logo and branding assets are located in the files of the online store. Full resolution logos. Downloadable aswell.
Personal support after saleNot Included
Product photosThe product photos are located in the files of the online store. Full resolution product photos. Downloadable aswell.
How to grow this business
Over the next 5 years this business would flourish. As it is in the fitness industry, its only going to get more and more popular with more and more demand. The more you build up customers now, over the next couple years you'll have much more data than all your opponents and dominate the niche.
Skills to have
The new owner should have a basic knowledge of facebook ads. The new owner would also likely need to hire a VA due to high orders and cheap labor. Easily could be hired on upwork or fiverr, and will deliver great results. That way you can focus your time on facebook ads.
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.