All prices in USD
  • Avg. revenue /month
    $41
  • Avg. sessions /month407
  • Avg. profit /month
    $1
  • Inventory value
    $3,000

Business Story

Why this business was started

Me and my partner both had successful dropshipping stores in the past. We decided to start a private label business. We're both 24 years old and we started to brainstorm and looking out for any "problems" we could solve. We've noticed quite a high number of people who experience hair loss or hair thinning. We also sent out surveys and the numbers were quite promising. Now we have found the problem, it is time to find the "solution" (product). Thats when we decided to launch Silax. People with this "problem" would be somewhat embarrassed to buy in stores which is a HUGE advantage when it comes to e-commerce. We've done lots of research prior to actually buying stock. After that we also compared multiple manufacturers in terms of price, quality and service.

if you need more details contact me on [REDACTED]

The reason of selling this business

My partner and I are 24 and 25 years old, both just graduated college. My partner is living in the US and I'm moving to Taiwan for personal reasons. We feel it would be difficult to maintain this business when we live across the world from each other.

  1. Long Distance
  2. Time Difference
  3. Difficult to schedule weekly meetings
  4. We both don't have extra time to communicate with the supplier/warehouse
  5. We both graduated and starting our own careers
  6. Difficulties with Facebook as they don't allow ads with "Before / After" Images

if you need more details contact me on [REDACTED]

What's involved in running this business

Everything is AUTOMATED. You will just need to drive traffic to the site, after that its all automated.

We have setup the following:

  • Google ads
  • Bing Ads
  • Facebook/Instagram Ads
  • Warehouse
  • Manufacturers
  • Logistics
  • Individual Shipping Rates
  • Abandoned Cart emails
  • Thank you emails

if you need more details contact me on [REDACTED]

This business was founded: almost 3 years ago
Time to run this business: approximately 42 hours per week

Traffic and Performance

  • Avg. revenue /month
    $41
    Verified
  • Avg. sessions /month407Verified
  • Avg. profit /month
    $1
  • Inventory value
    $3,000
  • Profit Margin1%
  • Avg. sales /month1
Other details about profit: We don't have profit yet because we didn't really have time to manage this business. if you need more details contact me on [REDACTED]
Total revenue
  • $1,218
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 12,239Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $35
      /month
    • Domain
      $12
      /year
    • Slide Widget
      $2
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      They are included with the store. Logo Packaging Banner Images Social Media Videos Product Images Transfer all logins and whatever the buyer suggests if you need more details contact me on [REDACTED]
    • Personal support after sale

      Be a consultant to whatever questions you may have regarding the store and brand for 3 months.
    • Domain

    • Product photos

      Email or whatever the buyer suggests They are included with the store. if you need more details contact me on [REDACTED]
    • Social media

      Total followers1,566subscribers
    • Suppliers

      We have a good relationship with the supplier and can introduce you to them as the new owners.
    • Mailing List

      87subscribers

    Seller‘s Advice

    How to grow this business

    Reach out to various barbers/hair salons and offer them free samples in exchange for photos/videos for social media.

    People care about results. No matter how good you are at marketing, if your product isn't what you promised they wont come back.

    if you need more details contact me on weitongwtc@gmail.com

    Skills to have

    All the hard work / foundation has been done already all the way to order fulfillment, it is all automated.

    The new owner just has to market the product.

    if you need more details contact me on weitongwtc@gmail.com

    WC
    Wei-Tong C.Current store owner
    I'm 25 years old, recently graduated college majoring in Information Management. I'm experienced in Web Design and JavaScript. I started 4 dropshipping stores in the past 3 failed and 1 was a success which was able to make 5 figures per month. - Passionate Entrepreneur - Hard Working - If I don't know something, I will find out the answer (will not give up) - Determined if you need more details contact me on [REDACTED]

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