All prices in USD

Private listing #831195

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$35,000
  • Avg. revenue /month
    $37,135
  • Avg. sessions /month30,074
  • Avg. profit /month
    $2,500
  • Inventory value
    $38,000

Business Story

Why this business was started

Back in 2018 I had large success dropshipping a generic cosmetic item from China and decide to take the jump and private label this item. Over the course of the next 2 and a half years I would expand the company to offer dozens of new products (some private labeled, some dropshipped from a cosmetic company in Canada)

The reason of selling this business

The COVID-19 pandemic has been hard on the cosmetics industry as a whole. Coupled with my own personal reasons I have decided it is best for me to part ways with this business.

What's involved in running this business

Very little is actually involved with the day-to-day operations of running this company as every order is either handled by a 3rd party fulfillment center in Texas or our dropshipping partner in Canada.

Currently I have 1 support staff personnel that handles all support tickets.

A few times a month I will create new Facebook ad campaigns (more so during the COVID-19 pandemic due to market changes in this industry) to refresh creative angles.

Buying relations with our manufacturing partner in China are great and can be continued after business has been purchased.

This business was founded: about 3 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $37,135
    Verified
  • Avg. sessions /month30,074Verified
  • Avg. profit /month
    $2,500
  • Inventory value
    $38,000
  • Profit Margin7%
  • Avg. sales /month300
Other details about profit: This business is in a prime position to leverage a cash infusion to boost profits and sales as the COVID-19 pandemic slows down and people return to life as normal. The first two years of business have had an either net income of ~ 0 or loss due to the cost of acquiring new customers in a highly competitive market. Moving forward it will be easier to expand your profit margins as repeat buyers grow.
Total revenue
  • $1,373,983
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,112,739Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $275
      /month
    • Domain
      $12
      /year
    • Klaviyo & Paid Apps/Themes
      $900
      /month
    • Facebook
      $2,500
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      .zip of all included assets
    • Personal support after sale

      60 Days Post-Purchase support includes answering questions about day-to-day operations and how I structured my Facebook campaigns for testing and optimization.
    • Domain

    • Product photos

      These are found on the Shopify platform.
    • Social media

    • Suppliers

      Manufacturing for a few of our best sellers is handled by a cosmetic company in China that makes exceptional quality products at great prices (very healthy margins, 70-85%)
    • Mailing List

      33,000subscribers

    Seller‘s Advice

    How to grow this business

    • Reoptimize Facebook Ads with new creatives and targeting angles with the end of the COVID-19 pandemic in sight
    • Focus on email campaigns to grow subscribers and create reoccurring income
    • Expand into new advertising channels such as Pinterest, TikTok, Youtube, Influencers & More

    Skills to have

    Facebook advertising knowledge would be a huge bonus to jump into this business. Additional knowledge of email campaigns and software (I've been using and love Klaviyo for my campaigns and simple flows)

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