- Avg. revenue /month$1,492
- Avg. sessions /month1,246
- Avg. profit /month$750
Why this business was started
I have an interest in the automotive industry and have always been interested in cars in general. I had some spare time and wanted to create a side income so i purchased the exclusive rights to distribute within Australia and created the online store. It is a great way to earn a 2nd income and doesnt require a lot of time to maintain.
The reason of selling this business
My supplier in the USA folded, combined with me and my wife having a toddler and another baby on the way and also working a full time job, I no longer have the time or energy to put into this project.
What's involved in running this business
Reply to customer inquiries. Social media posts. Run and maintain facebook ads. Pack and send online orders as they come in if you want to keep inventory on hand. Manage inventory levels or you could quite easily convert it to a fully dropshipped operation.
Traffic and Performance
- Avg. revenue /month$1,492Verified
- Avg. sessions /month1,246Verified
- Avg. profit /month$750
- Profit Margin50%
- Avg. sales /month40
- Shopify plan
- marketing apps
Physical inventoryNot Included
Logo and branding assetsAll logos and branding included.
Personal support after saleHappy to provide any support and answer any questions for 2 weeks after sale. Although it is fairly self explanatory and not much guidance required.
Product photosAll product photos from the online store included
SuppliersGreat supplier in China will be transferred to the buyer. Unfortunately my supplier in the USA is no longer operating so that has been accounted for in the asking price. I have since found a new supplier in Australia which will provide much better margins than I was previously getting with importing the products at a high cost.
How to grow this business
Source new suppliers and add more products to the store. Continue to promote on social media and through facebook ads. Returning customer rate is high so just need to keep building the customer base.
Skills to have
I started this venture with absolutely zero experience and learnt as i went so no experience is required. Basic knowledge of marketing and social media would help though.
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.