- Avg. revenue /month$4,140
- Avg. sessions /month782
- Avg. profit /month$1,100
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.
Traffic and Performance
- Avg. revenue /month$4,140Verified
- Avg. sessions /month782Verified
- Avg. profit /month$1,100
- Profit Margin25%
- Avg. sales /month3
- Shopify plan
- Paid apps
- Google Product Placement ads
- Phone and Google G suite
Physical inventoryNot Included
Logo and branding assetsWe will transfer all our image assets.
Personal support after saleWe will provide transition support for 30 days, and introduce you to our suppliers. We have established very good relationships with our suppliers.
Product photosWe will transfer all of our files via Google drive.
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.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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.