I am a recent college graduate who wanted to make money dropshipping. Since I have started working a full time job, I am not putting much effort into this business since I have less time. With proper effort, you can make a decent amount of money per month. As you can see, when I started this business, I was putting time in everyday to make sure I got results. This business is basically self functioning, but can yield more profit by putting more effort than I am doing right now. I am trying to sell my business so I can pay off my student debt. In the first year, we have had $39k in revenues and increasing
The reason of selling this business
Money is tight and since I have a lot of student loans to pay off, I am trying to sell my business to pay off my student loans. Business is running smoothly. There a no issues and I am also an admin of an Instagram account that has 124k followers.
What's involved in running this business
Oberlo, Shopify, Aliexpress, Instagram and ads on Instagram through influencers. Occasional Google Ads, but currently they are turned off. Email marketing is very successful. I will include my Instagram account with 22.8k followers.
This business was founded:about 2 years ago
Time to run this business:approximately 2 hours per week
Traffic and Performance
Avg. revenue /month
$2,914
Verified
Avg. sessions /month11,647Verified
Avg. profit /month
$1,000
Profit Margin31%
Avg. sales /month140
Other details about profit:Profit varies from 800-1500 a month. Profit margins also varies on if customers order more than one item, it is more profitable.
Total revenue
$75,770
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
302,841Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Domain
$14
/year
Oberlo
$30
/month
Instagram
$75
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
Advertisement pictures, logos.
I will email them to you
Personal support after sale
I will help you with any questions you have regarding how to run this website. Including Instagram support and how to fulfill orders. This process is easy to learn and took me less than a week. I will help you for 1 year since the day of purchase. I can provide support through phone or email.
Domain
Product photos
The pictures on the website will remain on the website when bought. I can also email you any pictures I have from the products.
Social media
Suppliers
Not Included
Mailing List
30,000subscribers
Seller‘s Advice
How to grow this business
I would like to make this store yield $200-$400 profit per day in the next 5 years. You could grow this store by increasing the follower count on Instagram, doing Google ads, and Facebook ads. I am the ONLY business like this in the market. I have NO competition and the largest social media following. My business has a lot of potential for growth since the community it supports is growing exponentially everyday.
Skills to have
Basic computer skills and social media knowledge. How to talk to influencers online, make deals, and make the right decisions on setting prices for the products.
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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