All prices in USD
$192,740
  • Avg. revenue /month
    $26,131
  • Avg. sessions /month11,220
  • Avg. profit /month
    $3,710
  • Inventory value
    $31,373

Business Story

Why this business was started

I have a passion for furniture and interior design, I love designer furniture. Its a growing market online and I have been doing it all my working life, I had a bricks and mortar store and moved to ecommerce.

I love ecommerce also I started selling on Ebay 17 years ago so it just made sense to marry my two passions ecommerce and interior design.

All our products are deliberately chosen to be unbreakable and easy to ship they are designed for mail order. So fulfilment is easy. I have taken all the issues and learning curve out of the business with the mistakes I have made in a 17 year period.

The reason of selling this business

I have 3 young children and a baby on the way so I dont have time to manage the store. I have two other stores in different niches which take up my time also. I have neglected the marketing so it is a great opportunity for someone to capitalise on this even if they want to flip the store or have it as a long term sustainable profitable business. This is a really easy opportunity for someone to leverage.

What's involved in running this business

Dispatching orders, answering customer queries, updating inventory and ordering in from suppliers. The basics of running an ecommerce store and the marketing channels which you want to use to promote the store.

This business was founded: over 4 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $26,131
    Verified
  • Avg. sessions /month11,220Verified
  • Avg. profit /month
    $3,710
  • Inventory value
    $31,373
  • Profit Margin24%
  • Avg. sales /month100
Other details about profit: Gross profit margin on designer furniture is around 50%. discounting is frowned upon by high end suppliers and so it is not a price competitive industry with many of the products as the manufacturers will close your account of you don't keep them at RRP. which is great for everyone all around.
Total revenue
  • $1,463,337
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 628,338Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $1,000
      /month
    • Employees
      $150
      /month
    • Domain
      $9
      /year
    • Bing Ads, Google Adwords, Mailchimp, Facebook Retargeting
      $2,194
      /month
    • Feefo Customer Feedback
      $129
      /month
    • Packaging
      $251
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Emailed

    • Personal support after sale

      One month full support by email or phone for a semaless understanding and confidence in running the store and optimising. After the one month we can come to some arrangement for paid support.

    • Domain

    • Product photos

      Access to manufacturers image banks, we use manufacturers stock photos that are high quality as you would expect from high end brands.

    • Social media

      Total followers3,821subscribers

    • Suppliers

    • Mailing List

      35,785subscribers

    Seller‘s Advice

    How to grow this business

    There are lots of ways I have not put any time in to growing the store it has been neglected marketing wise SEO, Regular Newsletters to 35,000 subscribers, Facebook Ads, Email Marketing Automation, Retargeting, Add More products. Open an Amazon store these products are really popular on Amazon

    I can give you the .com domain to expand internationally, favourable exchange rates within Europe targeting France and Germany, USA so you could get the website translated easily using a Shopify app.

    Skills to have

    Mailchimp, Shopify nothing that cant be quickly learned its a really simple business.

    Share

    AW
    Adam W.Current store owner
    I have been involved in furniture retail for 16 years it is my passion, hobby and business since i left school. Life has changed pretty quickly for me in that I am married with kids aged 5 , 4 and 2 and another on the way in a few months so I have found myself with less time and more commitments. I have two other stores I run in an unrelated niche that i concentrate my efforts on. Their are only so many hours in a day unfortunately. The design niche great and exciting industry to be involved in and one that I owe a great deal to.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    Why use Exchange?

    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.