All prices in USD
$24,995
  • Avg. revenue /month
    $42,274
  • Avg. sessions /month44,036
  • Avg. profit /month
    $15,000

Business Story

Why this business was started

[PRIVATE INFO] was founded in August of 2018 as a single product store but quickly evolved into much more than that. [PRIVATE INFO] runs off the drop-shipping model. We first founded [PRIVATE INFO] after we became obsessed with a Scratch Map we purchased while travelling to Australia. We knew other globe trotters out there would love this product just as much as we did which is when we decided to launch [PRIVATE INFO]. It quickly took off, becoming one of the best selling travel products in 2018.

The reason of selling this business

The store was previously listed for $80,000 with high interest. Unfortunately, our ad's manager got shut down due to another ad account on the manager violating one of Facebook's policy's (Any Facebook marketer know's how common this issue is). We have since reduced the price to $24,995 as we recognise the decrease in value without this Ad Account and pixel. However, this means that you are getting a store that has done $600,000+ in revenue with over 230,000 emails collected (All can be used for Facebook Custom Audiences) for a fraction of what the store would usually sell for! We can provide you with all the original ad details and creative's, you just need to set up the ad's in a new ad's manager! These results where achieved in just 7 months and this store is ready to be taken to the next level by the right person!

What's involved in running this business

Customer service, order fulfilment, and any marketing platforms that you choose to utilise (We use Facebook). Customer service and order fulfilment has been outsourced, we can provide you with our VA if you choose to continue using them.

This business was founded: over 1 year ago
Time to run this business: approximately 7 hours per week

Description

General description

[PRIVATE INFO] was founded in August of 2018 as a single product store but quickly evolved into much more than that. [PRIVATE INFO] runs off the drop-shipping model. We first founded [PRIVATE INFO] after we became obsessed with a [PRIVATE INFO] we purchased while travelling to Australia. We knew other globe trotters out there would love this product just as much as we did which is when we decided to launch [PRIVATE INFO]. It quickly took off, becoming one of the best selling travel products in 2018. While still selling thousands of [PRIVATE INFO]s every week, we decided to introduce other products to the store which has also proven to be a success. We currently have a supplier who fulfils all orders for us and provides a discounted price.

The store was previously listed for $80,000 with high interest. Unfortunately, our ad's manager got shut down due to another ad account on the manager violating one of Facebook's policy's (Any Facebook marketer know's how common this issue is). We have since reduced the price to $24,995 as we recognise the decrease in value without this Ad Account and pixel. However, this means that you are getting a store that has done $600,000+ in revenue with over 230,000 emails collected (All can be used for Facebook Custom Audiences) for a fraction of what the store would usually sell for! We can provide you with all the original ad details and creative's, you just need to set up the ad's in a new ad's manager! These results where achieved in just 7 months and this store is ready to be taken to the next level by the right person!

Why should someone buy this store?

This store has over 230,000 emails captured! We have built up a relationship with our supplier who we will transfer you to giving you the cheapest prices on our products. This is done personally through the supplier (not on oberlo)
This store has a profit margin of 25-30%. This store has been evaluated at $405,000. The price we are asking for is substantially under-priced and will allow the buyer to become profitable in an extremely short period of time, even with flat line growth.

How can the future owner improve the business?

We would grow immediately by adding Facebook re-marketing. We would retarget the 230,000 plus website visitors whose emails have been captured.

We would launch an email marketing campaign as no email marketing has been done so far.

We would introduce and test new products in the travel niche, continuing to transfer the store into a travel brand. Utilising the data gained, through the pixel and customers, we would use targeting, FB and IG advertisements, and utilise the 230,000+ emails gained.

Influencer marketing is a huge convertor in this niche, we have tried this with one Micro Influencer which led to an ROI of 12. We would look to private label the products. We have looked into buying stock in and using fulfilment centres but this is not essential. Branding would be beneficial. We know that if we provided quicker delivery, sales would also increase.

What work have you put into the store?

We have built this store from the ground up in just 7 months. We have designed the whole store, created social media accounts that run paid traffic, found and built a relationship with our supplier, and hired a VA to take care of all customer service.

Traffic and Performance

  • Avg. revenue /month
    $42,274
    Verified
  • Avg. sessions /month44,036Verified
  • Avg. profit /month
    $15,000
  • Profit Margin20%
  • Avg. sales /month4,000
Other details about profit: Profit margin is 20% after VA, cost of goods sold, marketing, and application expenses are deducted.
Total revenue
  • $634,106
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 660,542Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Employees
      $1,000
      /month
    • Domain
      $1
      /year
    • Paid Apps
      $30
      /month
    • Facebook
      $25,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Via Email
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      Via Shopify
    • Social media

    • Suppliers

    • Mailing List

      230,000subscribers

    Seller‘s Advice

    How to grow this business

    We would grow immediately by adding Facebook re-marketing. We would retarget these 230,000 plus website visitors whose emails have been gained.

    We would launch an email marketing campaign as no email marketing has been done so far.

    We would introduce and test new products in the travel niche, continuing to transfer the store into a travel brand. Utilising the data gained through our 230,000+ emails.

    Influencer marketing is a huge convertor in this niche, we have tried this with one Micro Influencer which led to an ROI of 12. We would look to private label the products. We have looked into buying stock in and using fulfilment centres but this is not essential. Branding would be beneficial. We know that if we provided quicker delivery, sales would also increase.

    Skills to have

    The new owner should have experience with Facebook and Instagram marketing in order to take full advantage of the data gained. Apart from this, the store is not hard to run, it just needs some innovation and work put in to transform it into the world class Travel brand it can be!

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