All prices in USD
$750
  • Avg. revenue /month
    $171
  • Avg. sessions /month392
  • Avg. profit /month
    $1

Business Story

Why this business was started

As mentioned above, we LOVE building websites. This was a spur of the moment idea when shopping at our local department store, and seeing the profit margins on heaters

The reason of selling this business

We have chosen to focus in on a few of our dropshipping stores and unfortunately don't have the time to dedicate to all of them equally. In light of the current pandemic, we also wanted to provide the opportunity for others to jump into this industry and make some additional income.

What's involved in running this business

When a customer places an order, you then place the order with the supplier. No need to hold or cash flow inventory or satisfy minimum order quantities. When an order is received, you then order with the supplier. Other necessary activities include driving traffic and responding to customer enquiries

This business was founded: 7 months ago
Time to run this business: approximately 1 hour per week

Traffic and Performance

  • Avg. revenue /month
    $171
    Verified
  • Avg. sessions /month392Verified
  • Avg. profit /month
    $1
  • Profit Margin1%
  • Avg. sales /month10
Other details about profit: There has been huge demand for our products but unfortunately we have experienced some supply issues; supplier has been out of stock of some popular products. It is advised that the new buyer forge new supplier relationships. The current prices with the current supplier offer a 30%-50% mark up on products when the items are available. We receive enquiries every day with NO ads running (purely organic search traffic), customers looking to see if and when these products will be back in stock. There is a huge opportunity here when stock is available/if a new stockist can be onboarded.
Total revenue
  • $1,026
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 2,355Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $18
      /year
    • Google ads
      $1
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Branding kit including fonts, colours, logos; to be transferred in a shared Google drive folder
    • Personal support after sale

      We are happy to assist and answer any questions for the first 30 days after the sale has taken place.
    • Domain

    • Product photos

      These are supplied in the media library of the website and are not unique to us (provided by the seller)
    • Social media

      Not Included
    • Suppliers

      We will put you in touch with our current supplier; you will need to create a free account with them to continue to use them as a supplier. It might be a good idea to investigate new suppliers too
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    Google ads has been our most profitable source of traffic and ROI. I would also focus on Facebook/Instagram advertising and building a brand (competitors in this niche have not yet evolved to this level so this is a massive advantage)

    Skills to have

    Paid advertising/social media skills is an advantage but there is so much information available today, it's relatively easy to teach yourself just as we did

    Share

    RK
    Raegan K.Current store owner
    We are an Adelaide-based web design company, specialising mostly in WordPress sites. For the past 2 years, we have built and scaled our own ecommerce websites to dropship to the Australian market. During this time, we have built a successful portfolio of over 10 sites. We love building websites - the creativity, the design process... but unfortunately we don't have the time to give them all the right amount of attention and we are now choosing to focus on a few, and pass on the opportunity for newcomers to find their feet in the ecommerce world

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