All prices in USD
  • Avg. revenue /month
    $4,116
  • Avg. sessions /month7,343
  • Avg. profit /month
    $3,200
  • Inventory value
    $600

Business Story

Why this business was started

I started this business because I wanted to deliver the most unique and innovative home and travel products. Creating a private label brand was also my #1 priority as I have a direct line to the manufacturers with special pricing due to my on going relationships. The store comes with it's own fulfillment center and employees who process and ship orders within 24-48 hours worldwide.

The reason of selling this business

The reason for selling is because I have built it up to the point where it is profitable and growing. This allows someone to take it over and grow/scale the business. My specialty is building stores, automating it and getting new business owners to hit the ground running with an established business.

What's involved in running this business

Private labeling has been complete for one of the products along with professional photos and video ads. It is currently in the process of being posted onto the site with fully updated product descriptions. The supply chain management is already automated in the back end which includes inventory storage, daily fulfillment and customer shipments by employees. You will also need to set aside at least 1 hour per day on customer service support. The current marketing strategy involves advertising and brand awareness campaigns through Facebook, Instagram and Google. The products are also undergoing the process to be available in Walmart & Amazon Canada/USA.

This business was founded: 9 months ago
Time to run this business: approximately 30 hours per week

Traffic and Performance

  • Avg. revenue /month
    $4,116
    Verified
  • Avg. sessions /month7,343Verified
  • Avg. profit /month
    $3,200
  • Inventory value
    $600
  • Profit Margin18%
  • Avg. sales /month550
Other details about profit: Profits are slowly growing as the business matures. The average order value is high as customer continue to purchase multiple products at the same time. The average margins also continue to rise as more products are being upsold and cross-sold
Total revenue
  • $37,048
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 66,094Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Employees
      $1,400
      /month
    • Domain
      $14
      /year
    • Store Apps
      $90
      /month
    • Facebook and Google Ads
      $6,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All inventory will be included in the transfer of the store. Also, all original brand assets will be delivered through a Google Shared drive or can be sent via email. This will include all the original LOGOs, Product pictures, product videos, image ads. There are in total about 7 products with around 30 images/videos each which will be provided.
    • Personal support after sale

      I will provide up to 1 week after sale and support. This will also include some training and guidance in how to grow the business. Web calls can be used for the training
    • Domain

    • Product photos

      All the product photos and images used for advertising on and off the store will be sent to the new owner through Google Shared Drive or through email. These can also be sent at the preferred method chosen by the new buyer as well
    • Social media

      Total followers3,430subscribers
    • Suppliers

      Not Included
    • Mailing List

      5,300subscribers

    Seller‘s Advice

    How to grow this business

    The current strategy is brand building and awareness. This should continue through various media channels and advertising platforms. Also, private labeling and customizing the products that are proven to work in the marketplace will help build the right reputation for the brand. This can be done easily with the relationships already established with the manufacturers

    Skills to have

    There should be a basic understanding of how to navigate through Shopify as well as add/update products. Also, since most traffic is driven through Facebook Ads and Google Ads, some experience is necessary on how to advertise on those platforms. You will need some marketing and sales skills which include editing images, video ads, creating engaging copy, etc. Also, navigating through Facebook Business Manager by creating campaigns, ad sets and ads will be important to understand as well. I will provide training, knowledge transfer and support during the sale process and some after sales support. The entire store is also in English as well as customer support and communication

    EK
    Ellison K.Current store owner
    I am an experienced eCommerce entrepreneur that has built multiple six figure stores. I enjoy building brands with products that bring value to everyday consumers. Leveraging my supply chain management system, I am able to take any product and streamline/scale it with optimal efficiency. My direct line to manufacturers means I can negotiate the best prices and customization to my products.

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