- Avg. revenue /month$10,468
- Avg. sessions /month2,666
- Avg. profit /month$2,463
Why this business was started
A great opportunity was identified in online drop-ship flower sales with ever increasing purchases made using smartphones and other mobile devices plus great demand for flowers by post and single stem bunches such as carnations, alstroemeria and freesias. Shopify provided the perfect dynamic platform that could evolve as technology evolves (future proofing), was cost effective, offered flexible merchant payment options, SEO friendly and free and easy to update.
The reason of selling this business
Retirement sale so looking to realise the value in this established turn key website, branding, name, images, database and on going sales revenue.
What's involved in running this business
Currently run as a drop ship business whereby all orders are fulfilled by third party suppliers so responding to customer and supplier emails is the main task but only takes around an hour a day. Other things that need to be done less frequently may include product updates, paying suppliers (monthly), seasonal blog posts (4 or 5 a year), looking at analytics in shopify, keeping an eye on any advertising and creating new seasonal products (if need be) and looking at ways to improve the overall business. The main period for sales is from beginning of December - Christmas -through to Valentine's Day to Mother's Day (usually mid March to end of March)
Traffic and Performance
- Avg. revenue /month$10,468Verified
- Avg. sessions /month2,666Verified
- Avg. profit /month$2,463
- Profit Margin25%
- Avg. sales /month193
- Shopify plan
- Optional Shopify Apps
Physical inventoryNot Included
Logo and branding assetsAll branding is uploaded to the website
Personal support after sale3 weeks of handover support by phone or email will be offered to help with any questions about customer service, marketing, website and fulfillment.
Product photosPhotos are uploaded to the website
SuppliersA good relationship has been built up with third party suppliers based on good communication, efficient transfer of orders and prompt monthly settlement.
How to grow this business
Sales growth can be achieved through new sales channels - Amazon, Ebay, Etsy and by engaging Social Media (Facebook, Instagram, Tiktok etc) and by emailing subscribed customers special offers and reminding of Christmas, Valentine's, Mother's Day. Currently Google adwords is used with low conversion costs but more sales could be generated if the budget was expanded. There's also opportunities to increase product range with new drop ship suppliers, supplying directly and upselling. Adding international delivery would also grow sales. This business can be run from anywhere as a standalone business or would make an ideal bolt-on to an existing florist, gift or drop ship fulfillment business.
Skills to have
Basic understanding of sales and marketing, profit and loss etc.
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.