All prices in USD
  • Avg. revenue /month
    $34,531
  • Avg. sessions /month41,923
  • Avg. profit /month
    $5,000

Business Story

Why this business was started

We were looking to take a small store to the next level of operations to generate some part time income. We settled on starting with a drop-shipping business due to the low barriers of entry and had plans to start a brand, complete with manufacturing our own products and expanding sales channels. If done well, it could become a full time venture for us. We evaluated several businesses with different models. Ultimately, we settled on Gearzii due to its high cash flow, time in the market and the start to effective branding, beginning with the name.

The reason of selling this business

We have run the business for several months and in that time have given the store a new look and logo (branding), focused the products (branding), expanded the Facebook following (audience), engaged in email marketing (branding) and expanded marketing channels. Also during that time, we have had family and career changes that simply require more of our focus than anticipated. So it simply came down to prioritization. We believe in Gearzii and it's great potential in the outdoor sporting goods space. For us it is simple, our focus needs to be put into higher priority efforts.

What's involved in running this business

Daily: Fulfilling orders (2- 20 per day); customer service (4-7 emails or phone calls) Weekly: Advertising review (is the return on advertising meeting goals?) and adjustment Monthly: Product review - add new trending products and eliminate those that have not sold or are out of season. Adjust products seasonally (winter vs summer)

This business was founded: about 2 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $34,531
    Verified
  • Avg. sessions /month41,923Verified
  • Avg. profit /month
    $5,000
  • Profit Margin42%
  • Avg. sales /month100
Other details about profit: Profits can vary depending on social media spending and seasonal transitions. The founder was running at $100k-$200k/month in sales. We were not poised to handle that volume, so we scaled it back. Profits can be significantly higher with the right marketer/owner. Notice the direct correlation between traffic and sales. If interested, please review the info here and submit an offer - it is non-binding until you perform due diligence. Shopify valued the site at $139,120; the ask price is a small fraction of that already. We can be reached at 424-360-0280 for general questions
Total revenue
  • $897,798
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,090,007Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Domain
      $12
      /year
    • Various Shopify apps
      $80
      /month
    • Facebook, Google
      $2,000
      /month
    • Email, Office 365
      $20
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Logos, icons, headers, etc. Electronic files in different formats and color schemes
    • Personal support after sale

      30 days support to get you up and running
    • Domain

    • Product photos

      all product photos in the store
    • Social media

      Total followers60,000subscribers
    • Suppliers

    • Mailing List

      35,000subscribers

    Seller‘s Advice

    How to grow this business

    1. Expand advertising channels. We started with Google. Other opps are text links, pinterest, multiple social channels, online markets
    2. Website Blog - engage the current base better with articles, how-to's, etc. We have a writer that is knowledgeable and willing (and affordable)
    3. Expand sales channels (etsy, amazon, ebay, etc)
    4. Gearzii branded products - several manufacturers (US and China) available to use the base of the dropship products to make Gearzii branded products for sale via the Gearzii channels as well as other mass channels (ali express, other dropshipping houses, etc)

    Skills to have

    Most important skills are marketing and the ability to search for best product sources. Be comfortable communicating on the phone and via email. Customer service is critical - you and the customer want the same outcome.

    Included in the sale: Domain, website (shopify account), FB page, FB ads account, Instagram, Twitter, 60,000 FB followers, 36,000 subscriber email list, Paypal account, google adwords, google account, company email addresses, phone line, dropify account, shopfiy apps and 30 days support to get you up and running.

    RD
    Rob D.Current store owner
    I have spent over 25 years in the software business and have started or run a half dozen online businesses since the late 90's. I focus on operational excellence and storefront design / writing. This has been a great venture and one I am sorry to have to move on.

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