All prices in USD
$2,300,000
  • Avg. revenue /month
    $58,603
  • Avg. sessions /month38,136
  • Avg. profit /month
    $15,000
  • Inventory value
    $20,000

Business Story

Why this business was started

With a growing audience , and a high demand product you can't go wrong with this store. We have doubled our monthly sales each month, in under 8 months we have accomplished to hit $80,000 a month in sales with a profit margin of 30%. (the shopify evaluation is off because our store does not have 1 yrs worth of data, screenshots can be provided of our monthly revenue)

At first I was hand making all of my jewelry until I had a new baby and no time. Once we were able to get the hang of the drop shipping model we started to find trending jewelry. Once we compiled enough research we launched our first product June 2019. We started going viral on instagram due to having a high demand product that little competition had. This product is still our bestseller.

The reason of selling this business

We want to start more businesses that don't require purchasing stock.

What's involved in running this business

We ship everything out of our home. Only 1 item is currently drop shipped. However all of these items can be drop shipped by the supplier. Our only objective of obtaining stock was to offer quicker shipping times. We currently source from 5 top suppliers on aliexpress who offer discounts on all items.

This business was founded: almost 2 years ago
Time to run this business: approximately 30 hours per week

Traffic and Performance

  • Avg. revenue /month
    $58,603
    Verified
  • Avg. sessions /month38,136Verified
  • Avg. profit /month
    $15,000
  • Inventory value
    $20,000
  • Profit Margin30%
  • Avg. sales /month900
Other details about profit: Your profit is completely up to you. We choose to have branded packaging, and high quality packaging, we choose to offer free shipping and eat those costs, we choose to pay people to do customer support. Your profit margins could increase depending on what you choose to cut.
Total revenue
  • $1,230,653
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 800,867Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $875
      /month
    • Employees
      $800
      /month
    • Domain
      $14
      /year
    • Facebook ads
      $10,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All items will be uploaded to the google drive

    • Personal support after sale

      I will be committed to offering 30 days personal support, marketing of the page and email marketing. I will educate you on the competitors in the business and how to stay ontop of trending items.

    • Domain

    • Product photos

      Everything can be transferred to a google drive. Any photos the buyer needs/wants for 30 days after the sale.

    • Social media

    • Suppliers

      You will have full access to the aliexpress account and continue all relations with the suppliers.

    • Mailing List

      18,000subscribers

    Seller‘s Advice

    How to grow this business

    You can grow this store very easily. Continue to add trending products to the website, and increase ad spend. We have high demand products and the growth is VERY easy, which is why we have been able to effortlessly increase our monthly sales EACH month.

    Skills to have

    Digital marketing expertise a must! However, You do not need to learn anything except for keep up with the latest jewelry trends on Instagram and continue to offer what people like. You could hire people to completely manage every aspect of this store and still obtain a high profit margin. We listen to our customers and ask them lots of questions via Instagram story to compare which products they like better. We current;y ship everything out, however FBA fulfillment would be able to easily ship all items out for you.

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