All prices in USD

Private listing #497648

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$60,000
  • Avg. revenue /month
    $5,272
  • Avg. sessions /month1,730
  • Avg. profit /month
    $1,062

Business Story

Why this business was started

We decided to start this business because of the ease to maintain. All you have to do is submit orders to the suppliers and maintain customer service.

The reason of selling this business

This business is very steady and has grown a ton since starting the site. Selling this site because we are moving into another industry.

What's involved in running this business

Order fulfillment: All orders are fullfilled via dropshipping so there is no inventory management required. Under the current operating rhythm, at the end of each day, that day's orders are sent to each vendor. The vendor begins the fulfillment process. Once the vendor ships the item(s), tracking information is provided to send to the customer.

Customer Service: Requires answering phone calls, emails, and messages on social media. Most orders are placed online but some customers want to place their order over the phone. Most customer service calls/messages are regarding questions about their order delivery date or product questions. There is a very low rate of returns.

Marketing: All current marketing activites are automated via apps and Google Ads. Traffic is steady and consistent. There is room to grow and take market share.

Further detailed instructions on all maintenance requirements of the business will be provided during transfer of ownership.

This business was founded: over 1 year ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $5,272
    Verified
  • Avg. sessions /month1,730Verified
  • Avg. profit /month
    $1,062
  • Profit Margin20%
  • Avg. sales /month90
Other details about profit: The site officlally launched in April 2020 and immediately had sucess and has grown exponentially month over month. The sales volume of the store have reached levels that qualify our accounts with suppliers for their highest discount levels so profits have reached ideal levels. Sales have increased exponentially since inception of the site, has grown steadily and continues to grow month over month. Sales took a seasonal dip in December due to the demand for the product being affected by cold weather. Sales already have increased 30% in January and are expected to continue to increase. Monthly expenses are very low, including only: inventory for orders, marketing, email service, Shopify membership and apps A full profit and loss statement will be provided with transfer of ownership.
Total revenue
  • $94,893
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 31,149Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $20
      /year
    • Paid apps for shipping and listing optimization for Google Shopping
      $94
      /month
    • Google Ads
      $300
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      The sale would include the brand logo, seen on the website and social media.
    • Personal support after sale

      Will ensure a smooth transition and answer questions for 30 days after the transfer.
    • Domain

    • Product photos

      All photos currently on the site will be included in the sale.
    • Social media

    • Suppliers

      Currently all inventory is purchased from only two suppliers. An introduction and transfer of accounts and financials will be completed with the completion of the sale.
    • Mailing List

      3,500subscribers

    Seller‘s Advice

    How to grow this business

    To grow the store over the next few years, we would invest in more advertising, including Google and social media. We would also invest in SEO consulting.

    Additionally, we would continue to add more products and brands to our catalog.

    Finally, we would expand shipping to outside of the US.

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