- Avg. revenue /month$28,331
- Avg. sessions /month86,768
- Avg. profit /month$8,285
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 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$28,331Verified
- Avg. sessions /month86,768Verified
- Avg. profit /month$8,285
- Profit Margin40%
- Avg. sales /month700
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsIt will all be transferred via Dropbox and USB flash disk
Personal support after saleI 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.
Product photosIt will all be transferred via Dropbox and USB flash disk
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.
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.