I decided to start this business in this untapped niche to start my own nautical brand and create myself a sustainable income source. Which it has been doing for the last 6 months. I had an interest in the ocean and was angry about the "Plastic Pollution" problem therefore I decided to provide a quality product range to sell to customers for them to symbolise their love for the Ocean. We donate 20% of our profit to charities to remove plastic from the Ocean
The reason of selling this business
I am forced to sell my store as I am in full time education (studying bio-medical science) and do not have time to manage the store or scale it the next level. As well as that I will be using the revenue generated from the sale to cover my college fees. My loss is your gain. If you want to be your own boss, here is your opportunity to invest.
What's involved in running this business
I use the Dropshipping method. It's user friendly and allows you to work wherever you want without supporting inventory. In order to run this business properly, you need to begin to run Facebook ads as-well as running Instagram promotions from influencers. I will give you the list of proven influencers that I have used to make $200k with my other stores and that could work for this store (which alone is worth well more than our asking price)
This business was founded:over 1 year ago
Time to run this business:approximately 8 hours per week
Traffic and Performance
Avg. revenue /month
$2,132
Verified
Avg. sessions /month3,344Verified
Avg. profit /month
$1,500
Profit Margin35%
Avg. sales /month120
Other details about profit:Average profit margin is greater than listed above as we have scaled drastically over the last 2 months.
Average monthly profit is $1500
Total revenue
$40,499
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
63,548Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$10
/year
Oberlo
$30
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
The logo and pictures will also be transferred to the buyer by email. We will also give 12 hours of training to the buyer.
Personal support after sale
Will be available to answer any questions about my strategy and will also provide my complete list of Instagram influencers I have used and still use to promote this store. I will give 2 hours of coaching by Skype, and provide my list of influencers in a Word document. This alone is well-worth the investment, as this list of influencers has proven to be working and can easily be used to boost sales on other ventures you may have in the future.
Domain
Product photos
All files will be transferred via email
Social media
Not Included
Suppliers
Not Included
Mailing List
3,000subscribers
Seller‘s Advice
How to grow this business
If I were not selling,I would begin to generate sales using Facebook Ads. I haven't touched paid advertising. All sales are generated from web searches.I haven't touched Email marketing, Facebook Advertising or Google ad words. I can only imagine the growth that can be achieved combining this store with Paid Advertising
I would also implement a subscription program so that more users get billed monthly and that more recurring revenue can be secured (new bracelet every month)
Skills to have
Advertisement skills to take the store to the next level
Facebook advertising skills to take the store to the next level
Share
FF
Feidhlim F.Current store owner
I'm a 21 year old college student. Currently in full time education studying Bio-Medical science. I grew this business over the course of my final school year.
College has taken over the bulk of my time and as a result cannot find the time to work and manage my store. Feel free to contact me to discuss
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