When it came time to refill his drawers with basics, Michael found the shopping experience to be stressful and expensive. Michael alongside his wife Laura recognized the overwhelming need for superior and affordable men’s essentials offered to customers in a convenient and customizable shopping experience. And thus, [PRIVATE INFO] was born.
The reason of selling this business
I am focusing on a new venture. It's been taking up a lot of my time, which I can no longer dedicate to the existing store.
Hoping to find a new owner you can grow the store into something even bigger.
What's involved in running this business
Day-to-day management of virtual assistants who manage: customer support, order fulfillment, finding new products, running ads, and other administrative tasks.
Also focusing on new strategies. Mainly: improving our ads, improving the website conversion rate, & other new ways to grow the business.
This business was founded:over 4 years ago
Time to run this business:approximately 40 hours per week
Traffic and Performance
Avg. revenue /month
$15,333
Verified
Avg. sessions /month10,471Verified
Avg. profit /month
$15,000
Profit Margin75%
Avg. sales /month1,500
Other details about profit:IMPORTANT: you will notice there is not much sales, that is because we are making zero effort at the moment. I can show you numbers of a good year if you would be interested.
When marketing is fully turned on, this business profits millions.
- Wholesale contracts
- Previously had a Magento Store
- Brand Partnerships drive traffic
-Shark Tank Re-Airing drives sale
Total revenue
$827,996
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
565,454Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$249
/month
Employees
$5,000
/month
Domain
$50
/year
Klaviyo
$1,300
/month
Zendesk
$1,000
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
All DTC brand rights given to the new owner including
-Create-A-Drawer proprietary code
- Logo & Brand Book
- Packaging guidelines
- Customer service guidelines
- Shark Tank Re-Airing
- High Profiled Brand Partnerships
Personal support after sale
I will provide 3 months of personal Mentorship,
This will include the following:
Marketing Channels
Customer Insights
Product Knowledge
Brand Knowledge
Sourcing information
Domain
Product photos
- 4 Years of photo assets
- WeTransfer
Social media
Not Included
Suppliers
Not Included
Mailing List
150,000subscribers
Seller‘s Advice
How to grow this business
The Create-A-Drawer technology is best suited for bundling and developing a marketplace for various products.
The company continues to grow without any advertising. Advertise and sales can be over $5M
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.
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