All prices in USD

Private listing #935017

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$695,000
  • Avg. revenue /month
    $52,454
  • Avg. sessions /month33,212
  • 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.

This business was founded: about 2 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $52,454
    Verified
  • Avg. sessions /month33,212Verified
  • Avg. profit /month
    $14,100
  • Inventory value
    $10,000
  • Profit Margin18%
  • Avg. sales /month220
Other details about profit: we have full Profit and loss spreadsheets, graph analysis and a financial forecast for 2022 which shows each variants that could affect the business and all risks. Our profit is increasing exponentially, in November 2021 we did £42,000 in profit. The average profit is shown over 1.8 years.
Total revenue
  • $1,258,898
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 797,088Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • 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 assets
    • Personal 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 assets
    • Social 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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