- Avg. revenue /month$60,947
- Avg. sessions /month12,508
- Avg. profit /month$14,000
Business Story
Why this business was started
This was principally a hobby that turned into a lifestyle business for me. I started it to prove I could start a business from nothing, establishing key relationships with suppliers whilst learning about social media marketing, Google Adwords, TrustPilot and excellent customer service.
The reason of selling this business
This was always a secondary business to me, and my primary business is taking a large amount of my time. I feel with the right nourishment, this business could be even more successful, and I'm ready to hand it on to someone who has the bandwidth and capital to take it to the next level.
What's involved in running this business
I pack and post some orders, place orders with suppliers, answer customer queries and tweak our marketing campaigns.
Traffic and Performance
- Avg. revenue /month$60,947
Verified
- Avg. sessions /month12,508
Verified
- Avg. profit /month$14,000
- Profit Margin28%
- Avg. sales /month300
Expenses
- Shopify plan
- $79/month
- Domain
- $20/year
- Paid apps
- $80/month
- Google ads and YouTube commission
- $450/month
- Custom written wholesaler sync app included free in sale
- $1/month
- Inventory and commission
- $26,450/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
Logo and branding assets will be transferred by email at the end of the sale. Domain ownership will also be transferred.Personal support after sale
We will be responsible for handling any chargebacks raised by customers up until the date of sale, including meeting the cost of these chargebacks if found in the customer's favour. We will provide support on customisation and transfer of our wholesaler synchronisation app which allows the mirroring of their catalog. Additionally we are happy to provide customer complaint support, email, telephone and Facebook messenger support for a period of four weeks following sale.Domain
Product photos
Product photos will be transferred by email or Dropbox at the end of the sale.Social media
Not IncludedSuppliers
Introductions to all our suppliers will be made to the purchasing party. We will also transfer our 5* rated Trustpilot presence.Mailing List
205subscribers
Seller‘s Advice
How to grow this business
The principal inhibiting factor for me is simply product range. I have established relationships with suppliers in numerous countries and drop-shipping capabilities from perfume wholesalers in the UK, but with additional investment in products, it would allow the business to grow further. Expansion into other geographies would also represent an excellent opportunity for growth.
Skills to have
Customers frequently look to us for our knowledge and passion of all things fragrance. This is a business but also a hobby: I'd suggest the new business owner have the same passion, or employ knowledgeable staff, to achieve the same.
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
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.