All prices in USD
$100,000
  • Avg. revenue /month
    $7,663
  • Avg. sessions /month7,412
  • Avg. profit /month
    $1,880
  • Inventory value
    $5,000

Business Story

Why this business was started

I have a passion for motorcycles and the lifestyle. I was a former bike builder and building this store was a way to keep me connected. I started it as a hobby and has really taken off over the last 2 years and I just don't have time anymore.

The reason of selling this business

I have built and run this store more as a hobby more than anything. The extra income is great. I now find it difficult to grow and scale the business as it should be. The ceiling is very high here and I have really just done the bare minimum and has been great. I just don't have the time to dedicate anymore.

What's involved in running this business

This is primarily a dropship store. I have established relationships with all the necessary suppliers. There are 4 main suppliers. Day to day is just placing the orders with the suppliers. Processing any hat orders I have in-house and managing the ad account (takes no more than 2 hours right now altogether). I do bring the hats in to my warehouse and ship those but that is it. I only run 1 google smart shopping campaign. Also, it is important to watch the chat. You will get these periodically at all hours with questions but I found if you get to them quickly these customers end up buying and appreciate the customer service.

This business was founded: almost 6 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,663
    Verified
  • Avg. sessions /month7,412Verified
  • Avg. profit /month
    $1,880
  • Inventory value
    $5,000
  • Profit Margin25%
  • Avg. sales /month200
Other details about profit: Also have approximately $4000.00 in existing inventory. I have done several bulk sales that did not show in Shopify. These were large orders usually for a high ticket price. I do discount them when customers buy in bulk. These orders are wired in and not processed through Shopify.
Total revenue
  • $528,779
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 511,470Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $1,300
      /month
    • Domain
      $100
      /year
    • Current paid apps with shipping included
      $140
      /month
    • google
      $4,000
      /month
    • internet service
      $150
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All banner images, social media photos, ad graphics etc. will be transferred via email or dropbox
    • Personal support after sale

      Will show you the day to day processes. Introduce you to my vendor representatives. Any other trouble shooting or questions that may come up. I will see through any existing returns/exchanges or refunds for a period of 3 months. This should be plenty of time for proper resolution.
    • Domain

    • Product photos

      will be transferred via email or dropbox
    • Social media

    • Suppliers

      I have 4 main suppliers. One is set up on a net 30 accounts receivable. The other 3 are paid when the order is placed. The hats I bring in wholesale from 2 suppliers and ship from the warehouse.
    • Mailing List

      680subscribers

    Seller‘s Advice

    How to grow this business

    I currently run one google smart shopping campaign and since April 2020 has grossed over 454k with an average monthly gross of $18,188.00. In order to scale from this; *I would run more product specific ads to best selling products. *Utilize other ad channels like Facebook, Bing, TikTok, Instagram, etc. *Utilize Pinterest - over 16k followers there. I haven't tapped into that *Retarget abandoned carts on Facebook. ( I have not done this) *Take advantage and build the mailing list (I did not have time to properly do this but this is huge) *Open up to international markets. Currently only in the US

    Skills to have

    General knowledge of motorcycle gear is helpful. It's not rocket science and can be learned pretty easily.

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