All prices in USD
  • Avg. revenue /month
    $4,140
  • Avg. sessions /month782
  • Avg. profit /month
    $1,100

Business Story

Why this business was started

We saw an increased interest in indoor growing - people wanting to grow their own products and consumables. E Commerce is a burgeoning market. This particular market is growing everyday. There is a place for everyone in the indoor growing business as well as gardening in general. This store can go in a number of different directions.

The reason of selling this business

My partner and I are serial entrepreneurs and are involved in several business ventures right now. E commerce has always been very appealing to us, so we decided to jump in. We know our store has great potential but with the way our other businesses are growing, we realize now that we just don't have the time to devote to it, or even hire people to run it for us. We over-extended our schedules. We have many suppliers that don't have any items on our store - 100s of products that need to be added. We just recently started doing anything with advertising. We've been getting some sales through organic traffic. At this juncture, it makes better sense to sell the store than to do a substandard job running it.

What's involved in running this business

Day to day activities include fulfilling orders, ordering from suppliers, researching new and innovative products, running advertising campaigns, posting on social media, reaching out to new suppliers, uploading new products to store, email marketing and customer service.

This business was founded: 10 months ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $4,140
    Verified
  • Avg. sessions /month782Verified
  • Avg. profit /month
    $1,100
  • Profit Margin25%
  • Avg. sales /month3
Other details about profit: After selling for 4 months upside profit potential is tremendous. You can also begin selling through Facebook.
Total revenue
  • $41,403
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 7,829Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Paid apps
      $89
      /month
    • Google Product Placement ads
      $1,000
      /month
    • Phone and Google G suite
      $22
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      We will transfer all our image assets.
    • Personal support after sale

      We will provide transition support for 30 days, and introduce you to our suppliers. We have established very good relationships with our suppliers.
    • Domain

    • Product photos

      We will transfer all of our files via Google drive.
    • Social media

      Total followers178subscribers
    • Suppliers

      Not Included
    • Mailing List

      145subscribers

    Seller‘s Advice

    How to grow this business

    You'll want to continue to advertise on Google Product Listing ads, utilize retargeting platforms, contact new suppliers, and research new and innovative products that come on the market. Email marketing is essential for staying in front of customers and it will be especially advantageous to establish business to business customers. We would also build the blogs to create more value for our customers, establish the store as a destination, and increase SEO.

    Skills to have

    As stated earlier, building the blogs will not only create more value for the customer, but will establish the store as a destination. People will not only come to shop but will also get information as well. This adds another layer to the superstore concept. Blogs take time to build but will accumulate and add value forever.

    KF
    Kathleen F.Current store owner
    We saw the upward trend in the indoor growing industry, especially with the changing laws across the country and know that people are very interested in knowing how their consumable garden products are grown, what's going into them, and the increasing demand in organic growing.This is a market that has great potential for growth and expansion. We have been in negotiations with inventors that are bringing innovative products for vertical gardening to the market. This is a great product for urban growers who lack space. We launched July 2019.

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