- Avg. revenue /month$19,804
- Avg. sessions /month66,321
- Avg. profit /month$7,500
Business Story
Why this business was started
I saw a need in the market for such a store and thought this is a great opportunity as the community interested in this topic is growing! The products are very simple niche products that anyone can buy or even make themselves if they want. I have run several Shopify stores over the last four years and was very attracted to the niche I wanted to sell in. People need inspiration and I felt that being able to apply it to things they wear every day would create a strong connection between the product and the customer.
The reason of selling this business
As previously stated I have run 5 other niche based shopify stores that I was a lot more passionate about. I am currently running other websites and my time is not as free. Running this store and another one at the same time would be very time consuming and the companies would suffer from me spreading my focus across different stores.
What's involved in running this business
This business inlcudes fulfilling online orders through Oberlo, adding new products in accordance with the new topic (the current products are more than enough to keep you selling), keeping the relationship with current product providers, maintaining advertising campaigns and answering emails.
Traffic and Performance
- Avg. revenue /month$19,804
Verified
- Avg. sessions /month66,321
Verified
- Avg. profit /month$7,500
- Profit Margin30%
- Avg. sales /month760
Expenses
- Shopify plan
- $29/month
- Domain
- $10/year
- Klaviyo
- $20/month
- Facebook Performance Marketing (not active since March)
- $6,000/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
The Logo and Branding Assets will be uploaded to a Google Drive.Personal support after sale
1 Month personal support, via zoom, WhatsApp and Shopify login. We (the owners) will be there to support the new owners for FB Marketing, Instagram, Listing and collaboration with external suppliers and important contacts.Domain
Product photos
All product files. (jpg, png, svg etc.) Custom made display banners with photoshop raw file. Everything will be uploaded to a Google Drive folder.Social media
Suppliers
Mailing List
6,900subscribers
Seller‘s Advice
How to grow this business
Social media presence is underutilized; regular posting, adding videos, offering live sales, adding a group, social media advertising, more frequent and targeted email marketing, offering collaborations with influencers and other big businesses, and adding an app are top of the list for areas to growth. I also would add a warehouse, increase inventory, increase marketing dollars, and add more staff.
Skills to have
- General knowledge about the Formula 1 & Motorsport
- Content Marketing & Social Media skills
- FB Performance Marketing
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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.
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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.