All prices in USD

Private listing #755040

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$11,970
  • Avg. revenue /month
    $1,842
  • Avg. sessions /month5,573
  • Avg. profit /month
    $600
  • Inventory value
    $1,000

Business Story

Why this business was started

I started the business in order to fill a niche in South Africa with Korean Skincare and Beauty products. I built up a strong repeat customer base with regular marketing via email and desktop notifications.

The reason of selling this business

I am in the process of immigrating and unable to manage the business in South Africa remotely as it requires onsite inventory management and fulfilment. A new owner would be able to run the business from home with all current established processes.

What's involved in running this business

Inventory orders from established suppliers, management of stock, fulfilment of customer orders via a centralised courier service, ad-hoc customer service communication, running of marketing campaigns via email, desktop notifications and social media all done within the Shopify dashboard.

This business was founded: over 3 years ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,842
    Verified
  • Avg. sessions /month5,573Verified
  • Avg. profit /month
    $600
  • Inventory value
    $1,000
  • Profit Margin50%
  • Avg. sales /month40
Other details about profit: Sales decreased due to the owner immigrating and decreased inventory on hand. A new owner with new inventory will be able to increase sales and profit very quickly.
Total revenue
  • $81,054
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 245,215Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $49
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $9
      /year
    • Google Shopping
      $150
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos, banner images and social media graphics will be included.
    • Personal support after sale

      I will provide a detailed process document with instructions on how to manage the business as well as detailed supplier links and contact information. Support will include 2 weeks of email support on all aspects of the business.
    • Domain

    • Product photos

      All product photos are already on the store's inventory file management system and are included.
    • Social media

    • Suppliers

      We have established and reliable Korean supplier contacts.
    • Mailing List

      4,058subscribers

    Seller‘s Advice

    How to grow this business

    By increasing the inventory holding and capitalising on the existing customer email database, TikTok and Instagram marketing, the business has the potential for exponential growth. There is also high interest in wholesale purchases and an existing Takealot sales channel which has not yet been utilized. A new owner could use only these avenues to increase sales and profits.

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