All prices in USD

Private listing #273960

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$3,990
  • Avg. revenue /month
    $204
  • Avg. sessions /month375
  • Avg. profit /month
    $1

Business Story

Why this business was started

After spending extensive time learning about the dropshipping business model and current consumer online shopping trends, I decided to open my own store. What attracted me the most about this type of business was the flexibility to manage it virtually at any location. The niche industry selected (heavy storage products) was based on market research showing a high demand for these products all year round and the availability of many US manufacturers to keep with demand. These products solve storage problems for residential and commercial customers.

The reason of selling this business

The reason for selling is simply because I don’t have the time and resources, at this time, to get the business to the next level.

What's involved in running this business

The store is semi-automated. Built in the store theme are automatic notifications for you and your customers when an order is received, as well as notification for your customers to track the order after product has been shipped. You’ll need to fulfill orders through the suppliers via email. Customers can contact you via chat (live or when you’re away), email and/or phone. There are still hundreds of products from current suppliers ready to be added to the store. As with any business, you’ll have to manage the financial and legal aspect of it and handle advertising/marketing which is one of the most important parts of it. Many of these tasks can be outsourced.

This business was founded: about 3 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $204
    Verified
  • Avg. sessions /month375Verified
  • Avg. profit /month
    $1
  • Profit Margin20%
  • Avg. sales /month1
Other details about profit: Profit margin depends on each product, between 20% and 60% (after COGS, credit card fee and shipping). This business will be profitable by implementing and testing all marketing/advertising strategies available and by staying current with changes in the marketing environment.
Total revenue
  • $7,771
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 14,278Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Shop Protector
      $5
      /month
    • Toll free number and customized email
      $22
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      The logo is already uploaded on the site. Will send file via email.
    • Personal support after sale

      I will be able to answer general questions regarding the administrative aspect of the store and some technical questions for 2 weeks after the sale.
    • Domain

    • Product photos

      Images belong to the suppliers. Access to image files will be through the suppliers.
    • Social media

      Not Included
    • Suppliers

      It will be up to the buyer to continue with the current suppliers. Currently there are five suppliers. To continue the relationship, the new owner has to submit a dealer application to the supplier and be approved. I'll provide the list of current suppliers and help with the connection if you are conducting business in the USA. The store is not running any ads since Sep 2019, but we continue to update product info and prices. This listing is subject to change.
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    To reach the store's full potential, I would implement effective marketing strategies through Google Ads, Social Media, email campaign, etc. Stay current with the online marketing environment and keep pace with the competition. I would also continue offering exceptional customer service, add more suppliers and products, and as you grow, hire a VA (virtual assistant).

    Skills to have

    Running a business requires some skills, but that doesn’t mean you have to possess them all. Some of these skills are technical, marketing, customer service, time management, and accounting. You can learn these skills as you work on your business.

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