All prices in USD

Private listing #672748

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$249,000
  • Avg. revenue /month
    $28,801
  • Avg. sessions /month22,914
  • Avg. profit /month
    $7,500
  • Inventory value
    $5,000

Business Story

Why this business was started

As most businesses, we started this store to make an income off of it. We saw a big opportunity in this niche in this market and we positioned ourselves selling products that have big demand in a local market and we wanted to build a brand around it. We saw similar beauty niche products being sold in other countries like France and other markets in Europe and thought why not try go local in a country like Norway.

The reason of selling this business

Because we want to focus on our other stores but also to start venturing into other businesses.

What's involved in running this business

-Running advertising campaigns (Snapchat Ads, Facebook Ads) -Monitoring customer support person 2 times a week on average -Order Fulfillment is taken care of by my supplier, but you would have to pay them bi-weekly/weekly -Optimizing offers inside the website depending on the season (Valentine's day for example)

This business was founded: over 1 year ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $28,801
    Verified
  • Avg. sessions /month22,914Verified
  • Avg. profit /month
    $7,500
  • Inventory value
    $5,000
  • Profit Margin25%
  • Avg. sales /month510
Other details about profit: Profits are average here and could be improved, I have found cheaper options for shipping and products since the end of January so you'd have better margins going forward.
Total revenue
  • $547,213
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 435,379Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $11
      /year
    • Page Builder + SMS + Email Marketing + Upsell App
      $293
      /month
    • Average Snapchat + FB since beginning
      $13,000
      /month
    • Helpscout for my Virtual Assistant
      $80
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I would transfer all the branding assets: 20-25 different videos pre-made Influencer branding asset folder with various type of native videos for content creation: Fillers + Long Script Videos + One Liners + Short Script Videos Everything in Norwegian I would transfer you everything through Google Drive.
    • Personal support after sale

      I will help you manage the store for a period of a month after the purchase I will offer you a couple of calls per week for a month to establish a strategy for you so that you're not lost on what to do.
    • Domain

    • Product photos

      I would transfer you everything we have and also through Google Drive.
    • Social media

      Not Included
    • Suppliers

      I will give you my personal supplier who can advance you some orders as well and who offers the best prices.
    • Mailing List

      9,922subscribers

    Seller‘s Advice

    How to grow this business

    I would touch other traffic channels such as TikTok, Pinterest Ads, Google Ads as well as Facebook Ads and continue working on Snapchat Ads. We can also start working with influencers. Eventually we can start adding new products in the same beauty skin niche as we have a database of 4.5k email list. You can also start social media pages for the brand in Instagram, TikTok, as well as Pinterest for more brand awareness and organic traffic and sales.

    Skills to have

    It depends on whether they want to spend time on the store or not. I was running the store working 5/6 hours a week. But we were managing ads and offers in the website and outsourcing supply chain + customer service So if the new owner would want to do the same they'd have to whether have skills with media buying or just delegate with agencies.

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