All prices in USD

Private listing #116811

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$1,000,000
  • Avg. revenue /month
    $245,356
  • Avg. sessions /month160,081
  • Avg. profit /month
    $100,000
  • Inventory value
    $75,000

Business Story

Why this business was started

I have been working in eCommerce for the past 4 years, I am passionate about starting brands and automating systems to run as hands off as possible. I have been building apps and website for the past 8 years and have continued to apply these strategies across many business models.

The reason of selling this business

I am interested in moving back into the technology startup space, with the massive amount of investment capital available in the market there is no better time to build technology. I have worked in healthcare in the past and am looking to get back into the space.

What's involved in running this business

Managing customer service VAs Managing relations with suppliers Managing social media Managing relations with ad managers/agency

This business was founded: 10 months ago
Time to run this business: approximately 13 hours per week

Traffic and Performance

  • Avg. revenue /month
    $245,356
    Verified
  • Avg. sessions /month160,081Verified
  • Avg. profit /month
    $100,000
  • Inventory value
    $75,000
  • Profit Margin40%
  • Avg. sales /month16,500
Other details about profit: This product is very cheap and shipping is also extremely cheap
Total revenue
  • $2,208,204
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,440,731Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $399
      /month
    • Inventory warehouse
      $500
      /month
    • Employees
      $1,000
      /month
    • Domain
      $12
      /year
    • Email marketing, label printing, etc.
      $500
      /month
    • Facebook
      $120,000
      /month
    • Shopify Apps
      $750
      /month
    • Fulfillment
      $10,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Google drive
    • Personal support after sale

      2 months personal consulting and support shall be included via phone, skype, etc.. to ensure the buyer has attained all knowledge in running and growing the business
    • Domain

    • Product photos

      Google drive
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      50,000subscribers

    Seller‘s Advice

    How to grow this business

    Expanding advertising into other social medias (currently on Facebook), bringing the product into retail, expanding into other products in the same niche. The product line can continually be expanded upon as the market is endless. There can also be variant expansion upon the same products sold.

    Skills to have

    Facebook ads or connection to an ad agency should be essential. I can facilitate these introductions and coaching to help the transition move smoothly. These agencies work on a percentage of revenue generated so they are properly incentivized to the success of the company.

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