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$24,000 USD

VELGEM

velgem.com

Appears in Automotive , Established stores, Dropshipping, Home Business for sale, Lifestyle, Oberlo stores for sale, Large Business, Business and Franchises under $50,000, Dropified Stores for Sale

General description

[PRIVATE INFO] is excited to list this amazing opportunity for sale for the right buyer...
We are a worldwide online dropshipping store that sells in more than 20 countries.

We decided to start the business as we are a group of biker enthusiasts. We believe that there are no limits and we can do way more than we think we can. We want to provide bikers from all over the world with a single place where they could buy biker gear at affordable prices. This is why we created this store. Our business operates since 8th of March 2018.

We enhanced our brand awareness through social media platforms and word of mouth by converting our cold leads into recurring customers
Our merchandise has more than 25+ products.
The profit margin for each product is 45%.
Our Facebook page has 30.000 subscribers and our Instagram page has 4.320 followers.

We have made $54.000 in revenue within 5 months. This July we have made $20.000 in revenue. The total profit for this month is $6.800 and spent $7.300 on facebook ads.
We have set up retargeting and checkout recovery mailing campaigns.
Our abandoned checkout recovery rate is 11%.
We use MailChimp as our mailing system. It brings in additional $1800 per month.
Our mailing list is around 650 people.

We have tested a lot of different kinds of apps and ways to sell more. We currently increased ad spend that allowed Us to generate more revenue from $16.000 in June to $20.000 in mid July.
The business is automated and can be run with 2-4 hours a day.
We want the next owner to succeed so we are happy to help with this as much as we can!
We sell this website because there have been some misunderstandings between partners.
For more questions, please feel free to contact us anytime.

Financials and traffic

We offer all the billings and the costs of advertising.

Average profit/month

$5,000 USD

Average overall profit margin

45%

Average number of sales/month

150

Lifetime revenue

$54,849.00 USD

Lifetime traffic

78,957 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Expense item

Cost

Shopify plan

$79.00/month

Subscriptions (ie. Mailchimp, apps)

$230.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$7,500.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

velgem.official

Instagram

velgem.store

Mailing list

650 subscribers

Social media followers

34,000 people

Q & A

Why should someone buy this store?

The business is branded and positioned to continue to grow beyond 6 Figures+ in revenue and would make a great acquisition down the road.
This store has no inventory and is super easy to manage.
This has so much more potential to grow with multiple lookalike audiences already created and being used, highly-targeted facebook campaigns, successful email campaigns.

How can the future owner improve the business?

Advertising on other channels such as Instagram, Snapchat, Google Adwords to increase brand awareness. Use email marketing to re target the 650+ subscribed customers and get them to keep shopping. Use lookalike audiences made from 400 buyers to scale the store even further. Building a massive social media presence through the use of viral content and contests such as giveaways would be extremely useful. Scale the ads for the current winning products to increase revenues even more.

What work have you put into the store?

We have created the site from scratch using a Shopify template and we have a paid theme of $180. All suppliers are setup and fully running ready for new orders. Tracking all advertising efforts with the facebook pixel allowing for creation of custom audiences and lookalike audiences.

  • Catchy & Memorable name
  • Correctly Branded & Positioned To Keep Growing
  • Facebook Ads Account, Fan Page, and Valuable Pixel & Audience Data
  • Instagram page
  • Email list of over 650 people
  • Strong Vendor & Supplier Relationships

How many hours does it take to run this business per week?

18 hours

$24,000 USD

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