All prices in USD

Private listing #196450

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$729,440
  • Avg. revenue /month
    $94,602
  • Avg. sessions /month86,516
  • Avg. profit /month
    $8,000
  • Inventory value
    $10,000
This business was founded: about 6 years ago
Time to run this business: approximately 16 hours per week

Description

General description

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 an office and fulfillment centre 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
    $94,602
    Verified
  • Avg. sessions /month86,516Verified
  • Avg. profit /month
    $8,000
  • Inventory value
    $10,000
  • Profit Margin50%
  • Avg. sales /month400
Other details about profit: The "Shopify Verified" avg. monthly revenue and avg. monthly sessions is technically correct, but that's combining the last 3 years of traffic and revenue. Current average revenue and sessions is less - please look to the charts below for accurate information. Also note that 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.
Last 4 years revenue
  • $4,919,299
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 4 years traffic
  • 4,498,843Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $2,000
      /month
    • Domain
      $100
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

    • Personal support after sale

      In-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.
    • Domain

    • Product photos

    • Social media

    • Suppliers

    • Mailing List

      250,000subscribers

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