All prices in USD
$2,000
  • Avg. revenue /month
    $1,492
  • Avg. sessions /month1,246
  • Avg. profit /month
    $750

Business Story

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.

This business was founded: almost 3 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,492
    Verified
  • Avg. sessions /month1,246Verified
  • Avg. profit /month
    $750
  • Profit Margin50%
  • Avg. sales /month40
Other details about profit: Sales are also made to wholesale customers and invoiced outside of shopify.
Total revenue
  • $52,218
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 43,624Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $20
      /year
    • marketing apps
      $20
      /month
    • facebook
      $200
      /month

    Sale Includes

    • Physical inventory

      Not Included

    • Logo and branding assets

      All logos and branding included.

    • Personal support after sale

      Happy to provide any support and answer any questions for 2 weeks after sale. Although it is fairly self explanatory and not much guidance required.

    • Domain

    • Product photos

      All product photos from the online store included

    • Social media

      Total followers4,000subscribers

    • Suppliers

      Great 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.

    • Mailing List

      500subscribers

    Seller‘s Advice

    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.

    Share

    KG
    Kyle G.Current store owner

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