- Avg. revenue /month$2,654
- Avg. sessions /month6,344
- Avg. profit /month$2,990
Business Story
Why this business was started
It is actually a personal situation, I could use some extra money, so I asked around and made my own research and one of my suppliers told me this was a winning product and I didn't think about it twice. Turns out I was right and this business helped me a lot.
The reason of selling this business
This business could definitely make the first million within a year. Unfortunately I don't have the time or the energy, I sold another business in this website last year and I was very happy with the process so I am doing it again. I sell it with regret because I know I could make a lot of money with this store but right now I have to focus on my other businesses (real state and smma) and I want to have time to my family, with the years you realize what really matters in life
What's involved in running this business
We have a great relationship with the supplier, he usually ask us about the store and if you have any question, they will reply in minutes! It's just amazing they are so fast and they always solve our problems. (Of course we have a VIP link). Right now we use oberlo to fulfill orders.
You have to run ads or do whatever you think it's best to get traffic to your store. I also think it's important to keep an excel with all the important information to be able to track the progress. If there is control, there is improvement.
Traffic and Performance
- Avg. revenue /month$2,654
Verified
- Avg. sessions /month6,344
Verified
- Avg. profit /month$2,990
- Profit Margin49%
- Avg. sales /month260
Expenses
- Shopify plan
- $29/month
- Domain
- $12/year
- Apps
- $97/month
- Facebook Ads
- $1,400/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
It would be transferred through email and it includes all the logos we've got!Personal support after sale
I would personally provide personal support after the sale. If you have any question I would be more than happy to help you! I would give you my personal email and I would help you to take off the business for a month.Domain
Product photos
All the photos and videos would be transferred through email (Ads videos included)Social media
Not IncludedSuppliers
Mailing List
112subscribers
Seller‘s Advice
How to grow this business
This business could definitely make its first million within a year. My previous efforts to scale and grow this business have been successful and I would keep doing FB ads (ROAS is just awesome), I would also start with Google Ads and try some influencer marketing. The brand is ready to become private label so I would definitely do that this year. If the shipments are fast, there is no way that PlanetRoom does not grow.
Skills to have
The skills you need are very basic. You just have to know how to do FB ads (marketing). If you know how to grow the social media pages, you will have a great advantage and of course you have to be constant, delegate some tasks and focus on what really matters. If you think you got what it takes, just go for it!
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