All prices in USD
  • Avg. revenue /month
    $25,605
  • Avg. sessions /month86,186
  • Avg. profit /month
    $8,285

Business Story

Why this business was started

I started this business because of the gap in the South African market for an online business. South Africa is still new to eCommerce and has had a booming eCommerce growth over the years.

I initially sold on Marketplaces but once I acquired Online Marketing skills, I decided to start my own online website and not rely on Marketplaces for my online business to exist. Over the years, it grew into a fully fledged online business.

The reason of selling this business

I have decided to sell the business to free me up to pursue other startup I have.

What's involved in running this business

Marketing, Customer Service, choosing products to list and sell, and ordering from suppliers which is done easily via apps.

This business was founded: almost 7 years ago
Time to run this business: approximately 40 hours per week

Description

General description

This online store was start in 2013. It has grown from an online store into an online marketplace with a National footprint. Included in this sale are the Social media accounts (Facebook, Twitter, Instagram, Pintrest, Tumblr, LinkedIN) and physically held inventory. We have a Marketplace, we dropship and we store Inventory. We advertise on google shopping, newsletter to our base of over 170000 customers, and on our social media pages. Our cost per customer is about R9 and about 30% of the customers are repeating customers. I am selling this business because I want to focus on my other passions.

Why should someone buy this store?

This store is build on the grandfather shopify plan so you can have unlimited staff and access to many features found only on the Top tier plans. This is a growing business in an emerging market with great solid foundation. Very little to no work needs to be done on the actual website.

How can the future owner improve the business?

The future owner can form partnerships to co-market and invest in marketing to reach the masses.

What work have you put into the store?

This is the most complete and comprehensive online website.

Traffic and Performance

  • Avg. revenue /month
    $25,605
    Verified
  • Avg. sessions /month86,186Verified
  • Avg. profit /month
    $8,285
  • Profit Margin40%
  • Avg. sales /month700
Other details about profit: This can be discussed further in person
Last 4 years revenue
  • $1,408,297
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 4 years traffic
  • 4,740,282Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $322
      /month
    • Domain
      $45
      /year
    • Remarkety
      $354
      /month
    • Google
      $750
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      It will all be transferred via Dropbox and USB flash disk
    • Personal support after sale

      I will be available for a proper hand-over and offer my personal service for up to 6 months after the sale has been done. I will ensure that the hand over and take over is as smooth as possible.
    • Domain

    • Product photos

      It will all be transferred via Dropbox and USB flash disk
    • Social media

      Total followers28,000subscribers
    • Suppliers

    • Mailing List

      70,000subscribers

    Seller‘s Advice

    How to grow this business

    I would get in an investor. Grow the marketplace aspect of the business. Develope the fulfilement part of the business and turn it into a revenue stream and develop complementary sites such as property, rentals, travel and leverage off the traffic already generated by the current website.

    Share

    SP
    Shaun P.Current store owner

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