All prices in USD
  • Avg. revenue /month
    $79
  • Avg. sessions /month714
  • Avg. profit /month
    $80

Business Story

Why this business was started

I've loved owning this store, and now's the time for me to focus on my other side hustle in an industry I'm comfortable with. For anyone with an interest in fashion, owning and running this business is a dream :) The Bondi Bare spirit is all about ocean-inspired living, and it's a space with a lot of potential.

The reason of selling this business

I've been owner and manager of Bondi Bare as a means to understand the opportunities in this space, and the demand for ocean-inspired swimwear, skincare, and outdoor lifestyle products certainly exists. The website branding that has been put together is easy to fall in love with, and I've created it alongside a contracting team of expert designers and consultants. It's time for me to sell, so I can concentrate on my other business venture which is in an industry in my area of expertise. It's simply been a matter for me of choosing which business I'll move forward with.

What's involved in running this business

I have a Virtual Assistant working with me on this business for around $5 USD per hour. She's fantastic, and answers all customer emails, fulfils all orders, and runs every aspect of day to day store management. We have automated functions on instant messaging (called Slack, if you've ever used that), that alert us when a new order comes in, when we have a new customer query, or even when we have an abandoned cart. We've set up everything in this store to be as automated as possible, as I have a day-job and needed the business to be able to run without me!

On a higher level, checking in on social media (Facebook and Instagram) ad campaigns will need to be done. All the groundwork for this has been set up, and you'll see that we get a good volume in sales - while our ads were fully running, this scaled up to about ten orders per day. You'll just need to add in new text and imagery to these ads over time.

You can also add new products over time as well, to ensure that our catalog remains fresh. This involves taking a look at what our vendors have to offer, and selecting what you think will work best in terms of price point and design. I work with vendors in Australia (I'll pass you on their details - they also ship internationally), and I also work with vendors on AliExpress. Choose to continue working with my vendors, or add your own!

Our website has been developed with best user experience in mind. I developed this with input from my friends and colleagues who, like me, are marketing and design consultants. There are many thousands of dollars worth of design, template work, and professional hours that have already been put into the website. No further edits are needed, except those which you'd like to make to give the business some of your own personal flavor.

This business was founded: almost 2 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $79
    Verified
  • Avg. sessions /month714Verified
  • Avg. profit /month
    $80
  • Profit Margin20%
  • Avg. sales /month60
Other details about profit: Our sales have peaked and dropped as they're dependent on how much time I've had to invest in the business. At times, we've had up to 10 orders per day for a period of up to four weeks. More recently, I have been travelling and have not had time to focus on the store, so have not had sales. Feel free to get in touch with me and I can give you a better overview of this. We've had great website traffic, with around 8,000 webpage visits in January from key countries. Our Instagram following has steadily grown, and engagement on every post we've put up has been great to indicate social proof to encourage more sales.
Total revenue
  • $1,812
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 16,423Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Employees
      $1
      /month
    • Domain
      $20
      /year

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Banner images, social media photos, advertisement graphics, etc.
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      High quality product photos from vendors will be transferred to you.
    • Social media

      Total followers7,000subscribers
    • Suppliers

      Not Included
    • Mailing List

      1,200subscribers

    Seller‘s Advice

    How to grow this business

    I would work more closely with vendors to continue levelling up on product quality and adding their new designs to our store. I'd continue to run our successful social media advertising campaigns (very little work needed - they're all up and running!), and I'd post on social media regularly.

    Skills to have

    Good relationship management skills would be useful in getting great new products into the store from quality vendors.

    Share

    RJ
    Rena J.Current store owner
    I've been a marketing consultant in Australia for nearly a decade now. Many thousands of dollars have been invested in building a beautiful ecommerce website, and we've built great supplier relationships. Today, all Bondi Bare entry-level swimwear is sold in our own branded packaging.

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