All prices in USD
$25,000
  • Avg. revenue /month
    $9,404
  • Avg. sessions /month19,387
  • Avg. profit /month
    $2,000
  • Inventory value
    $150,000

Business Story

Why this business was started

Our goal was to start create fashionable products that would also charge our devices. With the on-the-go lifestyles that many of us live today, having our phone charged and accessible is entirely vital. Today's smart phone can essentially provide us with all the tools necessary to run our business and social life at the palm of our fingertips. Yet, battery technology has not yet advanced to the point to develop a long lasting battery. Hence, the increasing demand for charging accessories.

The reason of selling this business

I currently run two business and the other has required much more attention from my daily regimen. I reluctantly, have made the decision to focus entirely on my furniture business.

What's involved in running this business

Managing inventory, media buying, creating marketing content and wholesales. Shipping out orderss and customer service.

This business was founded: almost 6 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $9,404
    Verified
  • Avg. sessions /month19,387Verified
  • Avg. profit /month
    $2,000
  • Inventory value
    $150,000
  • Profit Margin60%
  • Avg. sales /month100
Other details about profit: My profit would be much higher, yet I have reinvested all of it to our new wallet product line. I currently have over 900 units which cost over 70k. This inventory will be included in the sale. Plus another 250K worth of charging bracelets. Plus our instagram has 15K followers and mailing list of 48K subscribers.
Total revenue
  • $658,302
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,357,103Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $250
      /month
    • Inventory warehouse
      $500
      /month
    • Employees
      $2,000
      /month
    • Domain
      $100
      /year
    • EMAIL
      $400
      /month
    • FACEBOOK
      $6,000
      /month
    • accounting
      $250
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      all logo, artwork via drop box. Instagram account and 48K emails.

    • Personal support after sale

      I will be readily available to help with any questions and set up for 1 year after the purchase. I will also allocate 1 entire week of full time training upon the business transfer.

    • Domain

    • Product photos

      over 1,000 professional taken videos and images via drop box.

    • Social media

      Total followers10,000subscribers

    • Suppliers

      Not Included

    • Mailing List

      40,000subscribers

    Seller‘s Advice

    How to grow this business

    The first step to grow the business would be to expand the product line and increase costumer retention. We currently have a strong mailing list and it would beneficial to gets those customers to repeat order on new products. Wearable electronics and charging accessories is a vastly growing market, so many new products will be readily available to resell.

    Skills to have

    Experience in marketing and keen interest for electronics.

    Share

    WT
    Will T.Current store owner
    We have great revenue before the pandemic but stop marketing since 2020. We have over 200K of inventory. Bracelets and wallets.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.