- Avg. revenue /month$55,730
- Avg. sessions /month34,860
- Avg. profit /month$14,100
- Inventory value$10,000
Business Story
Why this business was started
I decided to start this business as i saw a gap in the market. Online goods and sales were increasing. And it was only a matter of time until larger household goods would do the same. with big companies like Ikea loosing sales to the online space it is only right and possible if a new leading competitor could dominate the online sector space. I strongly think this business could be a leading name in the Home decor niche.
The reason of selling this business
I have decided to sell the business because the business is ready to be a multiple million dollar company, this will require hard work and the right knowledge.
This business for me was a cash cow to produce revenue to begin my other businesses ( jewellery brand ). I have built this business to sell, regarding systems, employees and automations.
With the right buyer i believe this company could be a 8 figure business, it is at the stage of take off....
What's involved in running this business
The Business is a eccomerce model.
Main sections. - Marketing: media buying/social management/content creation/email - customer support: Zendesk/Socials - Products: suppliers/branding/product reseach/ product listing - Fufillment: processed through supplier - Returns: returns system in place - web development: listing products, new content for sales.
Time to run this business: approximately 15 hours per weekTraffic and Performance
- Avg. revenue /month$55,730
Verified - Avg. sessions /month34,860Verified
- Avg. profit /month$14,100
- Inventory value$10,000
- Profit Margin18%
- Avg. sales /month220
Revenue data comes directly from Shopify and cannot be edited by the sellerTraffic data comes directly from Shopify and cannot be edited by the sellerExpenses
- Shopify plan
- $70/month
- Inventory warehouse
- $100/month
- Employees
- $4,000/month
- Domain
- $19/year
- All running apps: klaviyo, postcript, upsells, sales apps
- $600/month
- fb, google, pin, tiktok
- $35,000/month
- photo editing - photoshop, tracking - triple whale
- $300/month
Sale Includes
Physical inventory
Logo and branding assets
We have a Company google drive with all business assetsPersonal support after sale
- I will provide long term vision and next steps id take to scale. - supplier onboarding - team onboarding - agencies onboarding - 2 months of Bi-weekly meetings ( strategy/management)Domain
Product photos
We have a Company google drive with all business assetsSocial media
Suppliers
we have private deals and product white labelling.Mailing List
10,000subscribers
Seller‘s Advice
How to grow this business
The business is ready to be taken to the next level, i have forecasted the revenue with a financial analyst which is projected at the base level to hit £1.4m at a 20% net this year 2022.
This business is ready to be pushed to £4m a year.
The things to focus on: - increasing product catalog - scaling google ads - scaling Tiktok ads - 3 PL fulfilment with top products - stores for separate countries - Increasing the team roles ( mapped out )
Skills to have
skills needed: - FB ads management - Tiktok Ads management - Pinterest Ads management - Dropshipping store management - Team management skills - General marketing skills ( ecom ) - Being able to direct the company in the direction for growth ( unless you employ a manager )
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