Private listing #695511URL Hidden
- Avg. revenue /month$52,507
- Avg. sessions /month38,608
- Avg. profit /month$40,000
- Inventory value$50,000
Why this business was started
Actual 12 month revenue of over 6m & 800k+ Profit June 1-19th 2019 Revenue of 230k
I started this company in college 4 years ago at the age of 19 with a dream of revolutionizing the wellness space. I had personal reasons because of a family member to enter the space and wanted to create a for profit to help. Over the lifecycle of the company we were able to raise $30,000 for mental health charity and helped spread positivity to thousands of people.
My partners and I have created a 24/7 mastermind out of a 2 million dollar venture capitalist's estate near Philadelphia where we run several ecommerce websites. Collectively our group runs high 8 figure years, allowing every business to take advantage of large economies of sale (these advantages will be included in the sale). This ranges from special pricing and terms with manufacturers, shared high converting funnels and advertising strategies, strong leverage in fulfillment relationships and more.
The reason of selling this business
I have overextended myself with too many assets and would like to consolidate and invest capital from the asset sale into my other businesses. This listing includes a conglomerate of stores within our overarching niche. There are a total of 4 brands that we've consolidated into one. There is over an additional 7 million revenue that is not shown by Shopify. The company has had over 250,000 buyers over the course of its lifetime and a pixel with over $2,200,000 in adspend. There is an incredible amount of data here. There is a master email list of 750k people and a facebook page with 178k followers. I used 3rd party processing during June 2016 - March 2018 to run trial continuity with the business (proof available). From September 2018 - April 2019 there was 4.5m processed through the other shopify stores. During early 2018 chargeback issues and a corrupt merchant broker led to my name being placed on a MATCH list so I chose a rebrand (the old brands could be reopened under new ownership).
What's involved in running this business
All operational items are automated. We have an elite virtual store manager who oversees our customer service department (there is also another customer service manager), supply chain management, admin support and financial management. We have an advertising agency ready to plug in to automate all social media advertising. You will also receive access to our propriety R&D process that allows us to smoke the competition with better products.
Traffic and Performance
- Avg. revenue /month$52,507Verified
- Avg. sessions /month38,608Verified
- Avg. profit /month$40,000
- Inventory value$50,000
- Profit Margin15%
- Avg. sales /month10,000
- Shopify plan
- Inventory warehouse
- Infusionsoft, Shopify Apps, Shipstation
Logo and branding assetsWe will prepare a file of all advertisement and product photos along with all legal work we've had done for the company. Our lawyer will work with yours to arrange the transfer of any business assets.
Personal support after saleYou'll receive 30 days of full time work and support from me and my partners to ensure a smooth transition. After the transition we will provide a weekly consulting call for 6 months. After that our consulting is available at 2k an hour.
Product photosWe have hundreds of unique photos and advertisements that we will be able to provide to you through a program called hightail.
How to grow this business
I have a list of progressive ideas to implement into the brand which I'd be happy to include in the sale. The strategies included I will take the business to the $10,000,000 mark.
Skills to have
Marketing and ideally understand how to manage VA teams, or manage someone who can manage VA teams.
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.