- Avg. revenue /month$1,637
- Avg. sessions /month4,937
- Avg. profit /month$570
Why this business was started
I'm a serial entrepreneur and I love building businesses. I've owned and operated over 10 successfull e-shops with two of them generating for me over 350,000$ combined. With the events of COVID, I saw an opportunity to build a site and sell unique jewlery pieces and it really took off. I purchase the Nirvany.co domain back in November and firstly launched the site then, run ads for a week or two, and being unable to genrate good traffic I dumped it and went on to continue running on my other stores. On January '21 I returned, built the website again from scratch, found new product, purchased inventory and went to start again with much more knowledge this time. I re-launched it on Jan 29 and hit some AMAZING numbers in less than a month.
The reason of selling this business
The reason I am selling is that during Christmas I launched another store too that does INSANELY well, having generated 280,000$ so far. This fast scaling proccess must have hit an alarm for Paypal which started holding my funds.
Having a daily adspent of 1,400$ for my other store and having to keep up with buying inventory and paying for orders and marketing, I have to use all my available funds and available time on one store only, in order to keep up with it. So, on FEB 23, I paused all my ads and decided to sell Nirvany to someone who will have the time to make it reach the moon. Having generated over 9,000$ revenue in the first 25 days I am pretty confident that with the right moves it is easy to reach 250,000$ in the first year.
(DISCLAIMER: I opened Nirvany again for a week on the beginning of March, as I had a spare 600-700$ to spend for ads and inventory and managed to generate OVER 2000$. Seriously, this store at this price is a MASSIVE bargain, and I decide to sell it for such a low price as I don't have the time to deal with multiple emails and zoom calls and I want to get over the sale as soon as possible, in order to focus on my things. Shopify's evaluation as you can see from the screenshots is at 7.900$, so I am basically giving it at 1/3 OF SHOPIFY'S VALUATION )
What's involved in running this business
ofRight now it's a one man show. I organize manufacturing, order fullfilment, shipping, and customer support as well as manage the site and social media. I have a very good connection with an agent from China that I will introduce to the new buyer.
Traffic and Performance
- Avg. revenue /month$1,637Verified
- Avg. sessions /month4,937Verified
- Avg. profit /month$570
- Profit Margin34%
- Avg. sales /month111
- Shopify plan
- Paid Apps (Reviews, Order Tracker, Upsale and Currency Apps)
- Facebook / Instagram Ads
Physical inventoryNot Included
Logo and branding assetsLogo will be sent via dropbox
Personal support after saleSupport with management of the store, social accounts, store applications,, supplier connections, order fulfillment will all be provided for the first week from when the store is purchased.
Product photosPhotos will be sent via dropbox
SuppliersMy relationships with the agent from China and the 3PL will be transferred to the new buyer
How to grow this business
This is a perfect business to start making extra residual income or add it to your existing business offerings. The agent and the fulfilment services have been great. The reason I am selling is highlighted below.
If I was to continue running the store, I would continue with Tiktok, Facebook, and Instagram for best traffic and conversions. I would use couples theme pages to drive traffic. Also aim for promotion for the site during holidays like: Mother's Day, National GF Day, Valentine's day, etc.
This store absolutely has the potential to reach multi 6 figures.
I've constantly been able to hit 28-35% profit margins.
So, considering the data the store can definitely scale to multi 6 figures.
Skills to have
Literally anyone who has a passion for apparel, fashion, making money and growing a business. This business would be especially great for someone who has experience in advertising and marketing.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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.