- Avg. revenue /month$83,964
- Avg. sessions /month76,856
- Avg. profit /month$7,000
- Inventory value$10,000
Why this business was started
We started this business to capitalize on a growing interest in detox tea products. We noticed most businesses were operating in Europe and Australia so shipping time to North America was very long. Our company is Canadian based and offered competitive pricing and fast shipping to customers in the U.S. and Canada primarily; although, we do receive orders from around the world.
The reason of selling this business
It's time to move on and focus our efforts on something new.
What's involved in running this business
Our business is a typical SMB ecommerce business with a lean operation, small SKU count, inexpensive marketing costs, and loads of growth potential.
This well established ecommerce business is a leading detox tea company within the natural health and wellness industry. We focus on developing unique health products to help customers achieve their health goals. We've had over 130,000 orders around the world amounting to over $6 million USD in total sales.
The company was founded in 2013 and operates out of Toronto, Canada.
Although sales have declined significantly from all-time highs, average monthly revenue has plateaued and is steady and predictable. This is still an easy-to-run profitable business that has an incredible amount of potential for increased growth both in the short-term and long-term.
Why should someone buy this store?
The amount of potential this business has is incredible. Looking at total sales and audience size figures, it may seem like this is a well oiled machine with little room for growth. In fact, we’ve been operating an extremely lightweight operation and have put very little energy into sales and marketing initiatives.
Although we have an office in Toronto, Canada, where we store inventory and fulfill orders, this business could easily be run from anywhere in the world without requiring a large amount of space.
We have one part-time employee packing orders and a few small contractors helping with marketing. Operations could easily be run entirely by one owner.
We enjoy a high profit margin, high repeat purchase ratio, inexpensive customer acquisition costs, and a massive customer database.
How can the future owner improve the business?
We're currently fulfilling about 10% of our total potential sales and marketing opportunities. The potential to expand our efforts is immense. We dabble in SEO, Facebook and Instagram advertising, and basic email marketing - but robust marketing strategies in these areas have not been explored yet.
There's potential to additionally focus on Google Adwords, affiliate marketing, influencer marketing, content marketing, media and PR outreach, and significant potential in deepening the social media marketing and SEO strategy.
Further, profit margins can be increased significantly by reducing operational costs and overhead. Office rent and fulfillment staff wages takes a large chunk out of our monthly profit and if the buyer were to operate out of their existing office or even out of a home profit could be increased overnight.
What work have you put into the store?
This is a well-established 7 year old ecommerce business with over $6 million in sales that requires very little effort to maintain sales, but comes with an unlimited amount of potential to considerably expedite growth.
An incredible amount of work has gone into building the custom website, developing the products, sourcing a trusted supplier network, establishing effective customer service and fulfillment processes, growing a social media audience of over 250,000, and of course consistently driving traffic to the website through various channels.
Traffic and Performance
- Avg. revenue /month$83,964Verified
- Avg. sessions /month76,856Verified
- Avg. profit /month$7,000
- Inventory value$10,000
- Profit Margin65%
- Avg. sales /month400
- Shopify plan
- Inventory warehouse
Logo and branding assetsAll marketing materials are included.
Personal support after saleIn-person support for 2 full-days to assist in transfer and to help set everything up and answer any questions. Phone and video support for 1-month after sale.
Product photosAll product photos are included.
Our features for a secure experience
- 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.