All prices in USD
  • Avg. revenue /month
    $4,534
  • Avg. sessions /month3,424
  • Avg. profit /month
    $1,200
  • Inventory value
    $10,000

Business Story

Why this business was started

After several years operating on the fitness industry we decided to launch our own food supplements brand. Our company has sold fitness accessories online since 2015 and in 2020 we decided to launch a separate brand with a focus on sports supplements. The food industry in Spain is taxed at 10% VAT which makes margin higher and as we sell food we have a high percentage of recurring customers

The reason of selling this business

Our company is owned by 3 stakeholders and we have decided to sell the business, share profits and separate our paths in different businesses for personal reasons.

What's involved in running this business

Fulfilling orders, keep Instagram with content and develop marketing and branding strategies. FB, IG adds, maintain shopify store. SEO + SEM, manage Affiliates platform. We generate most of the traffic from Facebook Ads Campaigns, you will need to use the Business Manager Facebook tool to keep on the current campaigns and create new ones. We have an email marketing platform sending automated emails to repeating customers, you will need to keep sending new email campaigns and creating automated emails.

This business was founded: over 3 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $4,534
    Verified
  • Avg. sessions /month3,424Verified
  • Avg. profit /month
    $1,200
  • Inventory value
    $10,000
  • Profit Margin30%
  • Avg. sales /month250
Other details about profit: The brand is registered in Spain and the entire business works online with sales through the Shopify store plus collaborations with sports centers. Products manufactured in Spain by quality laboratories. The shipping company takes care of the preparation and dispatch of orders. The main source of traffic to the business comes from social media. Well-known brand in the Spanish fitness industry. More than 20% of buyers are regular customers. The store's conversion rate is around 3%. The Shopify store was used for a different brand and products, We moved the current brand to this Shopify store by the end of September 2020.
Total revenue
  • $176,829
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 133,556Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $300
      /month
    • Domain
      $25
      /year
    • Facebook Ads
      $2,000
      /month
    • Shipping costs
      $1,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      We will transfer you the property of the brand and all the branding images, material, etc. We will send you jpg, png, pdf files of the logo and all branding products. We will upload all the media files to a shared folder on google drive or your preferred solution.
    • Personal support after sale

      We offer one month of support after the sale via phone calls, email, WhatsApp to help you to manage the new store. We will support with the hand over of the business by putting you in contact with our current shipping company and stock warehouse. We will connect you with our current customers selling our products at their training centers.
    • Domain

    • Product photos

      All product photos will be sent during the asset transfer stage via email, google drive or your preferred files exchange method. All website pictures are included with the store and you will find that content as soon as you get access to the store.
    • Social media

      Total followers4,300subscribers
    • Suppliers

      Local manufacturer in Spain. You will be able to continue the collaboration, keep the current prices and supply chain.
    • Mailing List

      3,060subscribers

    Seller‘s Advice

    How to grow this business

    Increase product portfolio, increase social media brand impact by developing strong brand strategies, develop international markets.

    Skills to have

    Good marketer using social media.

    Share

    SS
    SOTOVEGAS S.Current store owner
    Company created with a focus on fitness and sport.

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