All prices in USD

Private listing #77399

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$82,000
  • Avg. revenue /month
    $30,956
  • Avg. sessions /month27,717
  • Avg. profit /month
    $6,500

Business Story

Why this business was started

Since a young age I have always had an entrepreneurial spirit and have been involved in the starting and development of several businesses. Diving deeper into the concept of dropshipping and e-commerce I was fascinated by the concept of being able to run a business from the comfort of your home through a computer with a basically unlimited growth potential. After numerous months of product research, I identified a product with great potential and decided to start this store.

The reason of selling this business

The reason why I am selling this business is that I will be entering my last year of studying to complete my Business Management degree and want to dedicate my complete time and attention to that.

What's involved in running this business

Running this business is fairly simple and does not require any exceptional abilities from the new buyer. The buyer should dedicate a few hours a week to communicating with the VA that manages all customer service and solve any potential issues that may arise. Product fulfillment is completely managed by an agent in Shenzhen and this agent is willing to continue working with a new owner. Both the VA and the product fulfillment team are willing to continue working with the new owner should he decide to.

This business was founded: 12 months ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $30,956
    Verified
  • Avg. sessions /month27,717Verified
  • Avg. profit /month
    $6,500
  • Profit Margin15%
  • Avg. sales /month1,600
Other details about profit: Profit margins for this store are increasing on a month to month basis as shipping costs from China that were previously hyper-inflated due to the pandemic are now stabilizing.
Total revenue
  • $371,469
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 332,608Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $800
      /month
    • Domain
      $14
      /year
    • Zendesk
      $18
      /month
    • Facebook/Instagram Marketing
      $20,000
      /month
    • Trackipay (syncs tracking numbers with PayPal)
      $9
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All logos and branding assets will be transferred via Google Drive. This includes logos, social media profile pictures, custom created Video Review content on the website, and custom designed thank you note that is printed and included in all shipments and any other material we may find and you may need.
    • Personal support after sale

      I am more than willing to provide personal support to any buyer for a period of 30 days. This includes 2 Skype calls per week (more can be done should that be necessary), and unlimited emails.
    • Domain

    • Product photos

      All product pictures and review pictures are included with the store.
    • Social media

    • Suppliers

      Our business has an amazing agent based in Shenzhen, China that manages all relationships with the factory and fulfills most orders within 24 hours. This agent manages absolutely everything you need to ship smoothly from China and utilizes a special line that offers fast shipping to many countries. Additionally, he is connected to our Shopify store through an app and receives all order information automatically, no excel sheets needed! Perfect English is spoken and communication is as smooth as it can be!
    • Mailing List

      6,000subscribers

    Seller‘s Advice

    How to grow this business

    This store has the amazing potential to grow significantly over the next five years and further establish itself as a leader in the market. Some of the best opportunities I have identified for this store's growth that have not yet been implemented are: - Expanding into new markets. Currently the only countries we market to are the U.S., U.K., Canada & Australia. There is an immense opportunity in tapping into new markets. The store is fully translated into Italian and German. - Expanding into other paid advertisement platforms such as Google Ads, Pinterest Ads, etc. Currently only Facebook and Instagram Ads are being implemented. - Creating a paid affiliate program. - Starting influencer marketing. - Creating product photos that display our custom packaging and product labeling. - Monetizing the email list - Establishing B2B channels for sale. There are numerous store owners that have inquired for wholesale purchases but at the moment none have been monetized. - Further optimizing SEO to increase organic traffic. - Implementing new creatives into the paid advertisements.

    Skills to have

    The new owner of this store should have the basic skills necessary to operate a Shopify e-commerce store. The store is fully automated and only requires minimal supervision on behalf of the new store owner plus the running of paid advertisements/marketing as well as the supervision of customer service should the new owner decide to partake this task himself.

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