- Avg. revenue /month$617
- Avg. sessions /month1,967
- Avg. profit /month$300
Why this business was started
This business was started so I could learn how to run a business and start generating passive income. The idea was to build a solid customer base and start learning and understanding Facebook and Instagram ads. The result is a fully functional drop shipping business that generates consistent revenue primarily through Facebook/Instagram ads.
The reason of selling this business
To focus on new business ideas.
What's involved in running this business
Customer service, responding to customer emails etc. Processing orders, updating tracking, email marketing, creating and launching ads. The list goes on but as sales grow, a lot of this work can be done using VA assistance. This business has huge potential but i don't have the time to dedicate to grow it the way I'd like to. We have had really strong months during times when I was able to devote my full attention to this business and there were months that didn't have much activity because I was unable to make this my priority at times.
Traffic and Performance
- Avg. revenue /month$617Verified
- Avg. sessions /month1,967Verified
- Avg. profit /month$300
- Profit Margin50%
- Avg. sales /month40
- Shopify plan
- Email marketing subscription, paid apps
- Facebook, Instagram
Physical inventoryNot Included
Logo and branding assetsAll related material will be transferred upon sale.
Personal support after saleI will provide full support for 3 months following the sale of the business. This support applies to all aspects of running this business. Customer service, advertising, communicating with suppliers, placing orders, processing orders, fulfilling orders etc.
Product photosExisting product photos will all be transferred upon sale of the business. Since it is a drop shipping business, all product photos have been sourced from suppliers and are easily accessible.
How to grow this business
Please note that I am intermediate with Facebook/Instagram ads and the average monthly revenue and profit displayed by Shopify are spread out across the life of this business. There have been many months with no live ads therefore little revenue since this business hasn't been my primary focus. The average monthly revenue for the months with live ads is 2-3k and that is for aprox. 6 months. With profit margins of 50-60% and relatively low ad spend, you can see that each month was profitable and that there is plenty of room for growth. All of this can be easily verified if you look at the monthly revenue and ads manager screenshots I have provided. I would be happy to provide any additional info regarding revenue/ad spend or anything else. The potential for revenue growth is huge if someone with a better knowledge of social media marketing were to take over!
Skills to have
An understanding of facebook/instagram ads is key to running this business. Everything else is common knowledge and I will provide post sale support to help get the new owner up to speed.
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.