All prices in USD

Private listing #717392

URL Hidden
$230,000
  • Avg. revenue /month
    $29,351
  • Avg. sessions /month49,216
  • Avg. profit /month
    $14,000

Business Story

Why this business was started

I of course wanted to make money, but I also wanted to prove to myself that I had the ability to turn nothing into something which is why I think I like the challenge of starting new stores. I have loads of business ideas and realised that in order to start all these businesses I am going to need capital which is what I am accumulating by making and selling stores I also have always wanted to choose my own hours and work for myself

The reason of selling this business

I simply would like to start my next business venture and also create a new store to sell.

What's involved in running this business

The ads are already on auto pilot
If you want to fulfil orders through oberlo yourself and manage emails you can (templates are already set up) Or you can pay the Virtual assistant $150 a week through upwork to do it all for you.

This business was founded: over 1 year ago
Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. revenue /month
    $29,351
    Verified
  • Avg. sessions /month49,216Verified
  • Avg. profit /month
    $14,000
  • Profit Margin70%
  • Avg. sales /month1,350
Other details about profit: My Store is in Great British pound so once the conversions are done the average monthly revenue is a lot higher and so is the profit. I have given the average profit based upon the average monthly revenue this app has provided however over the past four months the store has been growing to around $30.000- $50.000 meaning profit have improved significantly.
Total revenue
  • $557,678
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 935,111Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Employees
      $600
      /month
    • Domain
      $10
      /year
    • Apps
      $130
      /month
    • Google
      $5,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Whatever format is requested but I have about 13-25 PDF files.
    • Personal support after sale

      How to Use the Ads account, How to find and Import products Managing Virtual assistants or how to fulfil orders and handle emails with the templates yourself.
    • Domain

    • Product photos

      Whatever format is requested.
    • Social media

      Not Included
    • Suppliers

      Not Included
    • Mailing List

      150,000subscribers

    Seller‘s Advice

    How to grow this business

    If you were looking to expand; I would run ads on the other 500 products, The only reason I haven't done it yet is because I have become very comfortable with the money I am making off the ads I have done so Far.

    If you’re not familiar with ads, then I can set up the ads on the rest of the products however because this is time consuming and extremely profitable, I would charge. Regardless of if you want to pay me to do it or you want to do it; I will happily show you how to do it so you can expand comfortably at your own pace.

    If you ever want to add new products there is a way to see if the products will work; it takes less than 10 minutes and so does setting up the ad.

    You can also see by the chart given that there is significant growth; this is because I started advertising more products.

    To also expand you can also use social media to your advantage which is something I have not done yet.

    Skills to have

    If you do not want to manage the store yourself, it is important you know how to delegate. I hire a Virtual Assistant on upwork for about $150 a week to fulfil orders and answer emails.

    Share

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    Why use Exchange?

    Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores

    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.