I started this business to build a profitable passive income source. This was my first store that I ever built and it started out profitable very soon. I have since been working on more and more projects and stores, thus not providing me enough time to keep this up and running.
The reason of selling this business
I have decided to sell because I am currently building a personally branded clothing line and do not have time for this store anymore.
What's involved in running this business
Email response and customer service, (hired out currently), order fulfillment (hired out currently), and running ads, email marketing, and IG traffic for sales.
This business was founded:about 1 year ago
Time to run this business:approximately 4 hours per week
Traffic and Performance
Avg. revenue /month
$12,372
Verified
Avg. sessions /month23,738Verified
Avg. profit /month
$8,000
Profit Margin42%
Avg. sales /month800
Other details about profit:Net take home profit for the store owner is about 30-35% of total revenue. The other 3% net profit goes to expenses currently such as Shopify expenses, apps, and employees.
Total revenue
$173,201
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
332,340Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$130
/month
Employees
$500
/month
Domain
$50
/year
email marketing and oberlo
$80
/month
Facebook
$6,000
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
I will email all files containing the images
Personal support after sale
I will provide assistance in marketing and some of the every day work for about 14 days. This will be plenty of time to get your store running and profitable.
Domain
Product photos
Listed in store product pages and on Instagram
Social media
Suppliers
Not Included
Mailing List
76,186subscribers
Seller‘s Advice
How to grow this business
I would work on more supplier relations and more branding options. The store is still consistent, I just don't have time for it right now, as I have started a few others that I am really passionate about.
Skills to have
This store still receives sales with no ads running so you can remain profitable everyday without running ads and you can focus on building social media skills and Instagram marketing. Facebook ads is a game changer and I would recommend having knowledge on them, but again you will be able to test ads and I would also be willing to help the buyer and show them some of my ad techniques for this store.
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.
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