All prices in USD

Private listing #518242

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$1,150,000
  • Avg. revenue /month
    $252,647
  • Avg. sessions /month152,083
  • Avg. profit /month
    $70,000

Business Story

Why this business was started

I decided that the personal dental care niche was a very popular niche among people. The products we sell are geared around personal dental hygiene and care. The store is doing extremely well selling in this niche, as the revenue shows.

The reason of selling this business

To be honest, I don't have the effort and time to take this store to the next level. This was supposed to be a supplement to what I currently do. So, I have decided to sell it, so the next person, can carry on and take this to the next level. The opportunity for this store are enormous. Shopify/Exchange has valued the store at $1,404,720.

What's involved in running this business

I have automated as much of the operations as I can. The orders are fulfilled and shipped daily by the supplier. The supplier downloads the orders on a daily basis, and fulfills and ships on a daily basis. An invoice is then sent, and paid, for a smooth transaction. I have a VA that handles all the emails, and deals with any and all customer concerns. I also just recently hired a VA to handle the Facebook Ads Management. This was the most time consuming area involved with running the store. So now I am just making sure everything is done in an oversight capacity.

Traffic, and sales are generated through Facebook, and Instagram ads. We also utilize our customer email database to send emails, for offers, promotions, and new products. This has proven to be very effective. And also retargeting those that purchased, and visited the website is very important as well.

This business was founded: 8 months ago
Time to run this business: approximately 14 hours per week

Traffic and Performance

  • Avg. revenue /month
    $252,647
    Verified
  • Avg. sessions /month152,083Verified
  • Avg. profit /month
    $70,000
  • Profit Margin25%
  • Avg. sales /month7,500
Other details about profit: As with any business profit fluctuates. Monthly profit is anywhere between 20-30%.
Total revenue
  • $2,021,180
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,216,666Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Employees
      $5,000
      /month
    • Domain
      $30
      /year
    • Apps
      $646
      /month
    • Facebook, Instagram
      $95,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All Logo's, images, videos, and all related material will be transferred, via email, wechat, or any preference.
    • Personal support after sale

      I will offer support for a month. We can message or chat over any platform. And if local we can speak on the phone. Within this month of support, I will make sure everything that was associated with the business under my ownership, is taken care of, so their is a smooth transition to the new owner.
    • Domain

    • Product photos

      All Logo's, images, videos, and all related material will be transferred, via email, wechat, or any preference.
    • Social media

    • Suppliers

      Supplier contact and relationship will stay with sale.
    • Mailing List

      60,000subscribers

    Seller‘s Advice

    How to grow this business

    I would continue growing the store with new products, and focus on customer satisfaction. I would also suggest venturing into more platforms to market the store. All the revenue the store has generated has been exclusively through Facebook, and Instagram.

    Skills to have

    Any previous experience with managing an ecommerce store would be a huge plus. Even though this can be semi-automated, having the knowledge of Facebook Ads, and other advertising platforms is a huge advantage. You may not need to do it, if you have VA's or others doing it, but it's a definite plus to understand everything when overseeing the work everyone does. You are essentially a regional or global business. It is very important to have the knowledge associated with running such a business, to be successful.

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