All prices in USD

Private listing #545851

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$375,000
  • Avg. revenue /month
    $28,732
  • Avg. sessions /month16,221
  • Avg. profit /month
    $6,039

Business Story

Why this business was started

I have been in E-commerce for several years. I tried various models and finally came up with this business in late 2019. This business is among the pioneers to offer Designer Products as a dropshipping within Australia and also Made to Order products.

The reason of selling this business

I recently got involved in a few other ventures which consume most of my time. This business is very dear to me and I don't want to compromise on it. Therefore, I decided to move on from it, knowing that this will be in competent hands.

What's involved in running this business

This business currently has a team of 5 VAs. This team is managing all day to day tasks. Inventory Update, Google Ads, Facebook Ads, New Product Listing. All repetitive tasks are handled by the team. As a store owner, I just need to supervise the team. Handle the customer service and deal with suppliers. It includes: supplier payments, fulfilling orders, occasionally arranging freight and onboarding new suppliers.

This business was founded: almost 3 years ago
Time to run this business: approximately 14 hours per week

Traffic and Performance

  • Avg. revenue /month
    $28,732
    Verified
  • Avg. sessions /month16,221Verified
  • Avg. profit /month
    $6,039
  • Profit Margin20%
  • Avg. sales /month120
Other details about profit: All sales are done via shopify. For Ebay we are using Codisto Link App For [REDACTED] we are using its Shopify App.
Total revenue
  • $976,889
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 551,540Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $1,900
      /month
    • Domain
      $100
      /year
    • Email Marketing App (Omnisend), Paid Apps on Shopify, G Suite, Chat App (Chatra) and Virtual Call Service
      $403
      /month
    • Facebook and Google Ads Marketing (approximate)
      $2,600
      /month
    • Product Costs + Freight +
      $19,083
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All required assets (logos and banners) are already uploaded in our Shopify Store and Theme. Will also provide these files via email during onboarding. That will include: Logo (with white background and Transparent Background) Banners used in Theme
    • Personal support after sale

      A personal support of 15 days will be provided making the onboarding procedure as smooth as possible. It will include a walk through day to day tasks. Introduction with the team and suppliers. Familiarizing with the business dynamics and a detailed discussion about the Potential growth areas. I will be responsible for any chargebacks/refund requests on/before the date of Transfer of ownership.
    • Domain

    • Product photos

      All product photos are provided by the suppliers. Generally A Dropbox link is given by the supplier to access the photos. I will get the access of the potential buyer from suppliers. In some cases, the supplier says to take the data from their official website.
    • Social media

    • Suppliers

      All suplliers details and contracts will be transferred to buyer. I will provide a sheet containing the information of all suppliers and their Terms and conditions for listing their products on our website. Also, access to the suppliers wholesale portal (where applicable) will be provided.
    • Mailing List

      4,032subscribers

    Seller‘s Advice

    How to grow this business

    This business has 2 models. 1st Model Dropshipping of High Ticket items (average order value from last year is $700+). All our suppliers are premium Australian brands. Since we have a very strong social presence and a lot of positive reviews, we can add as many suppliers as we want.

    2nd Model Made to Order handmade products with a profit margin up to 70%. Profit can range from $1500-$4000 in a single order. Putting some more focus on it can significantly increase the overall profit and turnover. This Supplier of Made to Order is supplying to major brands in Uk, US and Asian countries as well. There is also an option to offer these products in these countries as well. (depends on the business structure)

    In Addition to our website, we have strong presence of 3rd party marketplaces as well. Our Store is Top Rated Seller On Ebay Australia Also, has shop on Mydeal.com.au Currently, in communication with some other major marketplaces in Australia to list our products.

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