All prices in USD
Sold

Private listing #220319

URL Hidden
  • Avg. revenue /month
    $11,099
  • Avg. sessions /month7,506
  • Avg. profit /month
    $12,513

Business Story

Why this business was started

I've been working in the online space for years, and wanted to try my hand at ecommerce. I made more money in two months than some people make in a year, working a few hours a day in my pajamas.

The reason of selling this business

I am moving on to high-ticket ecomm and private brand creation, and at the end of the day, there are only so many hours one can work. I am selling this store to focus on my high ticket brand, and want to teach someone how to make money with ecom under my guidance.

Dropshipping from China is a fantastic business model, and I am using the skills I have learned to create a high-quality brand that I can hopefully sell for 6-7 figures in a year or two.

Dropshipping is the best business model for people who are new to the online space, and you can make 6 figures working a few hours a week. You can also move into private labeling, building a brand, or just continue with dropshipping makes thousands with this model.

Included in the sale is 2 months of coaching, support, my proprietary research method and access to my team/suppliers - I will show you exactly how to find winning products, set you up with my VA's/editors/suppliers, and get 5-15 shipping so you can outdo the competition.

It also includes everything you need to get started - all of the custom flows, backend systems, templates, and more.

NOTE: The drop-off you see is when I stopped running Facebook ads to focus on my new online venture. I still make an occasional organic sale, but I've been focusing all my efforts into my new online venture.

What's involved in running this business

I find products that are current winners on other stores, see if I can make the numbers work using rule of thumb numbers (as in sourcing from Aliexpress), and then if so, I go ahead and test them with Facebook video ads. As I said before, 99% of my sales comes from Facebook ads, and I will occasionally get an SEO sale or a sale from a Facebook share.

I have a video editor I will share with you, I have a private supplier I use (and will give you to) who fulfills all the orders, and a VA who handles all the customer support (who I will give you to). I probably spend 1-2 hours a week working on customer service stuff with her. I also spend time everyday monitoring ads and scaling ads when I do have a winner, probably an hour a day or so.

This business was founded: 10 months ago
Time to run this business: approximately 25 hours per week

Traffic and Performance

  • Avg. revenue /month
    $11,099
    Verified
  • Avg. sessions /month7,506Verified
  • Avg. profit /month
    $12,513
  • Profit Margin17%
  • Avg. sales /month1,500
Other details about profit: Please note that I made $15k in profit from late from May into early June. After I found the winner, I worked about 2-3 hours a day. I could ramp this store back up and sell for a higher amount, but I'm working on a new project and want to focus all my time and energy into that.
Total revenue
  • $99,890
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 67,559Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $300
      /month
    • Domain
      $15
      /year
    • Klaviyo, G-Suite, TrueProfit,Reconvert Post purchase upsell, Smarty discounts, SMSbump, Rewind, Pxiel Conversion pro, TinyIMG, TrackiPay
      $200
      /month
    • Facebook ads testing budget
      $200
      /month
    • Domain
      $1
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Everything associates with the store will be transferred to you. Most of the assets are on the store itself, I will transfer the social media details and make introductions to my current team (customer support VA, private supplier with fast shipping, and video editor) via Skype, telephone, or whatever works best for you.
    • Personal support after sale

      For 60 days I will provide coaching and support to show you exactly how to find and test winner, scale, and make money. I will also give you access to my supplier with 5-15 shipping, my video editor, and my customer support agent.
    • Domain

    • Product photos

      Currently on the store.
    • Social media

    • Suppliers

      I will be providing access you to my personally-vetted supplier who can get 5-15 day shipping time. I will also give you my customer support VA and video editor who are both top-notch.
    • Mailing List

      3,258subscribers

    Seller‘s Advice

    How to grow this business

    I would continue doing what I'm doing - testing products, launching ads, and scaling. I would also outsource more, since a lot of this work can be done by VAs so this is a passive business.

    I would also leverage the email list of 3000+ customers to make more sales. Additionally, you can also utilize SEO and Google Shopping to make more sales at higher margins.

    Skills to have

    Skills to have would be the passion to learn ecommerce, the drive to learn copywriting/facebook advertising, and having access to either a good amount of capital or credit in order to scale winners. Also, the time and patience to learn dropshipping, which I think anyone can do successfully in 30-60 days with the right guidance and the right store!

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.