Sold

Private listing #831925

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  • Avg. Revenue /month
    $35,714USD
  • Avg. Sessions /month82,546
  • Avg. Profit /month
    $15,000USD

Business Story

Why this business was started

I started this business to launch a dropshipping store for cute women's accessories. Was originally inspired after seeing Sugar & Cotton have so much success last year. I wanted to source great products at unbeatable prices to inspired confidence in women around the world. This store initially started out at the beginning of the year with limited success. We changed our strategy in the summer and it quickly became a 6-figure monthly store ever since.

The reason of selling this business

This business is running well and I'm looking to free up time to work on a new venture. I've also been running these types of dropshipping stores for almost 2 years. I'm ready for a new challenge not related to dropshipping after feeling I've 'mastered the art.' This is a great store for anyone looking to get started with dropshipping. It has several proven winners and is likely to perform well in Q4.

What's involved in running this business
  • Monitoring VAs who perform customer support and fulfillment (weekly check-in)
  • Monitoring Facebook ads to ensure sales are coming in
  • Testing out and launching new products to find winners and that can perform well in Q4
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $35,714USD
    Verified
  • Avg. Sessions /month82,546Verified
  • Avg. Profit /month
    $15,000USD
  • Profit Margin11%
  • Avg. Sales /month10,000

Other details about profit:Ad costs + product costs are recently around 75%. VA costs are around 5%. Merchant Fees around 5% Refunds around 1-2%. Other software fees around 3%.

Total revenue
$535,704USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
1,238,199Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $79USD
    /month
  • Employees
    $750USD
    /month
  • Domain
    $1.17USD
    /month
  • Paid Apps
    $300USD
    /month
  • Facebook
    $45,000USD
    /month
  • Zendesk
    $50USD
    /month
  • Clickfunnels (currently testing this to increase AOV)
    $150USD
    /month

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

    Logos and all branded assets included. All Facebook/Instagram creatives included. All social media profiles included. Our Instagram account has strong engagement and >9k followers. Our Facebook account has >10k followers. Fresh mailing list. Never sent them any promotional emails. It's all free for you send and make profitable sales. Email list of 18k subscribers which Accepted Marketing.

  • Personal support after sale

    I will help out on a free consulting basis part-time for 1 month to assist with the store transfer.

  • Domain

  • Product photos

    Not Included

  • Suppliers

    Not Included

  • Mailing list
    18,000subscribers
  • Social Media
    Total followers20,000subscribers

    Seller‘s Advice

    How to grow this business

    I would do the following to grow the business: - Continue finding new hit products to add to the store. Testing more products with Facebook ads - Optimizing the conversion funnel. You can use Clickfunnels on existing winning products to 2-3x AOV - Try winning products from this store on other dropshipping store against a difference audience. - Instagram influencers and improving social media to generate more free sales from this channel

    Skills to have
    • Facebook ads knowledge
    • Knowledge of finding new dropshipping products to add to store

    Why buy a business on Exchange

    Verified listing data

    The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

    Secure messaging platform

    You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

    Encrypted payment capture

    Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

    Take time to inspect the business

    Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

    Safe store transfer

    When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

    Post-purchase 24/7 Shopify support

    Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.