All prices in USD

Private listing #340858

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$4,500,000
  • Avg. revenue /month
    $85,692
  • Avg. sessions /month33,688
  • Avg. profit /month
    $32,000

Business Story

Why this business was started

Due to the pandemic we realized that health and wellness is one of the fastest-growing niches globally! We started this business to help people to feel their best at such a pivotal time where having optimal health is a necessity for survival and excellence of well being. Since we have already used this product and currently still using it ourselves, we wanted other people to experience the great benefits of it too.

Prior to starting up the business we did extensive research to find the best supplier in this field. We also noticed that although people sell this product to their friends and family or locally, there is not a really large brand. We believe that our company can be that brand that everyone thinks of when they hear about this product. We have also used celebrities to promote our product which has brought in thousands of sales and still bringing in sales. This product is growing in popularity by the minute!

The reason of selling this business

I am a minister God and would like to spend majority of my time winning souls for Jesus and teaching people about the Kingdom of Heaven. I would like to pass this project on to ambitious entrepreneurs like myself. With more people staying at home, eCommerce is thriving. There’s never been a greater opportunity in human history for someone that has the time to invest in eCommerce.

What's involved in running this business

Besides running ads, this business is built like a dropshipping store. I have 1 virtual assistant that handles customer service and our sales are fulfilled by our suppliers. You can work 100% remotely on this store and it only needs a couple of hours per week.

There are many ways to have this store fully automated. One way is to hire an agency to do your marketing if that is not your strong point and post on all social media platforms. Weekly communication with supplier is a must but you can also hire someone to do it for you.

This business was founded: 11 months ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $85,692
    Verified
  • Avg. sessions /month33,688Verified
  • Avg. profit /month
    $32,000
  • Profit Margin35%
  • Avg. sales /month2,000
Other details about profit: This is more like a dropship store. Cost of item and shipping are a flat rate. New owner can negotiate the price with supplier to earn a little more profit if needed. Major dip in sales in the month of Nov. was due to facebook shutting down our account for no reason. Luckily for us, they said it was a glitch and restored it. Thank goodness we had a lot of returning customer so we really didn't feel it. :)
Total revenue
  • $942,610
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 370,573Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Employees
      $800
      /month
    • Domain
      $26
      /year
    • Paid app: Not all of the apps I use are needed. This price could be a lot lower.
      $300
      /month
    • Average Facebook ads
      $8,340
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Logo and branding assets will be transferred.
    • Personal support after sale

      I will give detailed training and support for 30 days on how to maintain and grow the store. I will help with Facebook ads and google ads and anything the new owner will need. Although we rarely have any, I will be handling all chargeback and refund requests, as it is our responsibility.
    • Domain

    • Product photos

      Product photos will be transferred.
    • Social media

    • Suppliers

    • Mailing List

      11,200subscribers

    Seller‘s Advice

    How to grow this business

    This store already turns over more than 30k+ in profit every month through products sales, but the possibilities for monetization are endless.

    *Affiliate marketing: Sit back and let your customers bring in the sales for you. *SEO (organic search traffic) is a low-cost way to surge profit margins. *Facebook ads: Spending more time on creating eye catching content. *Influencer marketing has been proven to work. Contacting influencers in the niche of health and wellness is a sure way to help this store to grow rapidly.

    To top it off, we have only been selling this product to US customers. If you open it up worldwide, this store will explode!

    Skills to have

    Email marketing: In the few months we have had this store we were able to gather up 11,500+ email subscribers. That is massive! Without spending a dime, email marketing is an excellent way to bring in sales and retarget old customers.

    Social Media: Bring awareness using our social media platforms is vital. Knowing how to create content that is engaging is a key component for turning fence-sitters into paying customers.

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