- Avg. revenue /month$40,743
- Avg. sessions /month44,614
- Avg. profit /month$7,463
- Inventory value$40,334
Why this business was started
I validated this business idea early 2019. I look at many factors when determining which business idea to start next. This business had many positive attributes that led to its eventual formation. Pre-sales numbers were strong, and that is my biggest consideration. The tattoo industry as a whole is growing, which has caused growth in both permanent and temporary tattoo companies. There are big players in the temporary tattoo industry, including Inkbox and Momentary Ink. But no one is targeting the children's temporary tattoo market. This product is a completely new take on children's tattoos and there are no big players in this space. It's truly one-of-a-kind and has huge potential to become the brand name for children's temporary tattoos.
The reason of selling this business
This is what I do. I love starting businesses, taking them from $0-$1M in revenue, and then selling them to start the next one. I love the creating something brand new that the world has never seen before and creating a brand's identity. This will be the third e-commerce business I will have sold and I will continue to repeat the process. The next stage for this business $1M-$10M will require a whole new skill set. Delegation and leadership will be crucial to get to that next step. It could also continue to be ran at its current level, and make an owner a very comfortable salary for years to come.
What's involved in running this business
Simplified logistics is one of the best parts of this business. The product is small, light, and inexpensive which makes for easier supply chain management. Manufacturing lead time is 1.5 months from the time you place the order to the time the product is in your possession. You can store a lot of product in a small space so a large warehouse is not necessary. Day-to-day logistics include fulfilling orders, ordering from suppliers, marketing, and working with artists to create new designs.
Traffic and Performance
- Avg. revenue /month$40,743Verified
- Avg. sessions /month44,614Verified
- Avg. profit /month$7,463
- Inventory value$40,334
- Profit Margin17%
- Avg. sales /month1,891
- Shopify plan
- Inventory warehouse
- Klaviyo, Xero, Malomo, Influencity, ShipStation
- Facebook, Google
Logo and branding assetsLogo, wordmark, brand colors and fonts. Can send assets over as pdf files or any other format requested.
Personal support after saleUp to 10 hours/week for the first two weeks after sale. Then 5 hours/week for the following two weeks. 1 hour/week for the following month, then 1 hour/month for the following 6 months. I can provide any training necessary during those hours. I will not provide day-to-day support during those hours (i.e. answers customer emails).
Product photosHundreds of product and lifestyle photos. All in Google Drive, can be transferred to another Google Drive account.
SuppliersWe have an incredible sourcing agent in China. She handles quality assurance and freight logistics. I have worked with her for years, she can get anything manufactured out of China. I will introduce her to the buyer and you can continue to use her for this business or any other business venture.
How to grow this business
Continue to diversify sales and customer acquisition channels. Amazon, flash sale sites, and retail stores would be an excellent place to start. TikTok is becoming and increasingly effective customer acquisition channel and would line up nicely with this visual product. We've seen success in influencer marketing and that could also become a very strong customer acquisition channel.
Skills to have
The basics of running an e-commerce business would be accounting, supply chain management, inventory management, marketing and sales. These are skills that will be vital in continuing this, or any e-commerce business.
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.