- Avg. revenue /month$30,555
- Avg. sessions /month12,884
- Avg. profit /month$14,000
Why this business was started
I decided to start this business to see the potential of the Garden niche. Definitely start off real well from the get go and can already imagine someone with the right mindset to take over and turn it into the Best Garden store in USA. There is no doubt that this is possible. I would love to see how the buyer will take this store to the next level
The reason of selling this business
I have decided to sell my business because I want to focus on my YouTube where I help other eCommerce owners run Facebook ads.
What's involved in running this business
Basically, you don't hold any inventory - send it to a 3PL company and let them handle it. I have VA's to do order fulfillment and customer service. The main thing I worked on was advertising using Facebook ads which showed the potential of scaling up to Millions.
Proper Valuation Price IS 350k+ . The store has done 110k+ in profit in the last 6 months with a 4.0%+ Conversion Rate.
We just got through our best month (August) of $150k in revenue.
I had ran this store from February 2018 to present up to this day. First I ran this for three to four months back in 2018 with a net profit of 15k.
I started running paid ads such as Facebook from March 12 to now and in 6 months ave generated over 110k PROFIT.
This store is in the Garden niche which is a huge untapped market in the industry especially in USA with capability of Revenue 1m/month and get 25-35% profit after COGS and advertising.
This Garden store started as a drop shipping model and main customers (99%) are from USA. The first month I was able to generate 10k+ revenue and also I found a local supplier. Main advantage is the delivery which is around 3-8 days. Started running ads from March 11 2019 to current and have generated 90k+ Profit already. Over 220k revenue (June 11 2019) still doing 4k+ rev
Why should someone buy this store?
The store has a lot of potential, with the right approach I believe the store can make $100k profit per month. With the data nad this niche, the store can become the BEST Garden store in USA. if you have what it takes to optimize the store, market, and make use of the 10,000+ emails then there is no doubt that you can make this store the #1 Home And Garden store in USA.
It is 90% automated as I have a VA handling order processing and the customer service.
How can the future owner improve the business?
The future owner can improve the business by having a higher budget of advertising, testing new marketing strategies, and TIME. Main reason why I couldn't continue was because of time and budget of inventory cost which will definitely allow the future owner to scale it to 7-8 figures if done correctly.
The future owner could also build this business as the BEST Garden Niche which obviously has endless opportunities there as everything is already set up from the get go.
What work have you put into the store?
I have made the store as aesthetic and simple as possible while maintaining a fast website load speed and a high Average order value of $70. Up to 4%+ Conversion Rate!!!
Back end has been set up which includes: 1. E-mail Marketing 2. Abandoned Cart E-mail Sequence 3. Professional Logo 4. Automated System.
Traffic and Performance
- Avg. revenue /month$30,555Verified
- Avg. sessions /month12,884Verified
- Avg. profit /month$14,000
- Profit Margin22%
- Avg. sales /month1,000
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsEverything will be transferred as per request.
Personal support after sale2 weeks to handover and if the buyer has any questions. I am a Facebook ad specialist and have a YouTube channel where I help people regarding eCommerce and Facebook ads.
Product photosAlready included in Shopify store.
Mailing ListNot Included
How to grow this business
The site is in good health and broke our record with 150k in August 2019. My main source of traffic is using Facebook ads, this will benefit those that has extensive knowledge in marketing and building a brand. It's time for me to move on and pursue my passion which is doing YouTube. Moving on, I can guarantee that the store can hit $1 Million by someone who can bring the brand international, improve on marketing, and include more products.
Skills to have
Different types of marketing, going internationally, building relationships with manufacturers.
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.