All prices in USD
$625,000
  • 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.

This business was founded: about 2 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $60,947
    Verified
  • Avg. sessions /month12,508Verified
  • Avg. profit /month
    $14,000
  • Profit Margin28%
  • Avg. sales /month300
Other details about profit: The average monthly revenue is based upon sales of all time, which were lower when we first started in May 2020 and building since. We partner with some prominent YouTube influencers and pay a small commission for orders placed by their followers.
Total revenue
  • $1,645,566
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 337,723Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    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 Included

    • Logo 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 Included

    • Suppliers

      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.

    Share

    PG
    Paul G.Current store owner
    Welcome to my listing for my UK-based, primarily niche, fragrance business. With monthly turnover in excess of $50000 and profit of circa 30%, this represents an excellent opportunity.

    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.