All prices in USD

Private listing #119016

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$55,000
  • Avg. revenue /month
    $1,643
  • Avg. sessions /month1,579
  • Avg. profit /month
    $1,300
  • Inventory value
    $2,000

Business Story

Why this business was started

I decided to start this business, since I have a deep love and passion for hot sauce. We wanted to innovate and push the barrier within the hot sauce industry. We wanted to offer the first interactive hot sauce platform to match the growing demand in the industry. Hot sauce is the fastest growing condiment. There are youtube channels and facebook groups that are solely about hot sauce.

The reason of selling this business

I decided to sell this business because I do not have the funds to put money on ads. Our ads are profitable, but my expenses outside of the business have kept my hands tied and stopped me from injecting money into the business to scale the growth. A serious buyer can just use our current ads or revamp the ads and can scale the business. We are also looking to sell to someone based in America ideally since most of our customers are based in the USA. Shipping is much easier and cheaper within America.

What's involved in running this business

In order to run this business you will need to deal with 3 suppliers, oversee amazon sales, run and scale ads, reach out to journalists. Most journalists we approached loved our business and decided to write an article about our brand.

This business was founded: over 2 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,643
    Verified
  • Avg. sessions /month1,579Verified
  • Avg. profit /month
    $1,300
  • Inventory value
    $2,000
  • Profit Margin80%
  • Avg. sales /month60
Other details about profit: The shopify platform isn't taking int consideration our wholesale orders that are nearly 50% of our annual sales. Nor our Amazon sales which represent another 30% of our sales.
Total revenue
  • $50,943
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 48,964Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $70
      /month
    • Inventory warehouse
      $50
      /month
    • Domain
      $15
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      banner images, social media cover photos, advertisement graphics, etc.
    • Personal support after sale

      1 month support will be offered to the buyer. I'll train dealing with suppliers managing customers and working with ads and be able to offer any type of support .
    • Domain

    • Product photos

      All product photos
    • Social media

    • Suppliers

    • Mailing List

      2,000subscribers

    Seller‘s Advice

    How to grow this business

    The business is extremely viral within the hot sauce industry. Most blogs, magazines and media outlets that we have approached have published an article about this business for free. I would increase Facebook ad spend, due to some personal cash flow issues we didn't even advertise for an entire year yet we still had great sales. I would keep developing b2b accounts and do trade shows. The brand is strong and there's potential to be on grocery store shelves.

    Skills to have

    Knowing how to manage Facebook ads and Instagram ads is a must to take this business to the next level.

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