- Avg. revenue /month$998
- Avg. sessions /month3,230
- Avg. profit /month$1,450
- Inventory value$18,430
Why this business was started
The Būband is a totally new kind of support, a simple yet effective solution to a perennial problem. Without a viable alternative, many women have simply accepted painful breast bounce as something that must be endured, have doubled-up on sports bras, taped their breasts, or – as is the case for 1 in 5 women of all cup sizes – avoided physical activity altogether because of their breasts.
All the research demonstrates how sports bras, in their current form, have failed women. A study of 1,400 female marathon runners found that almost two-thirds suffered breast pain while running, despite the fact they were wearing a sports bra. Researchers found that if the breasts are not properly supported across their mid and upper parts – precisely where the Būband is designed to be worn – women risk irreparably damaging the Cooper’s Ligaments or internal structures of the breast.
The market is ready for this solution. Current trends in the sports bra industry include the growth of competitive running among women, athleisure and compression gear. Manufacturers are scrambling to perfect the sports bra, a garment that is so hooked into cultural stereotypes and that has such a lengthy and contradictory list of requirements, it consistently fails to work for everyone. Thankfully, the Būband only has one job – add extra support/compression to any bra, any size, any woman – and it does it well.
The reason of selling this business
I have spent four years building this amazing company from inception to growth. It has been an extremely rewarding experience (the business was named a Top 25 venture by SHEeo last year), however it's now time for someone else to inject new energy and ideas into the company. Make it an online lifestyle business or ramp-up growth through marketing, product development and/or a move into bricks and mortar retail.
What's involved in running this business
This is an extremely flexible business that allows you to work from home and put in as much or as little time as you like (i.e. lifestyle business vs growth). While I am responsible for the strategic direction of the company and put in time doing the day-to-day work, I have a phenomenal team of (contract-based, optional) team members in the areas of marketing, public relations, accounting, content creation, fulfillment, design and manufacturing to help me along the way. I also have brand ambassadors in Canada, the US, Australia and the UK. Keep all the team members, hire a new team or cut costs and do it all yourself (which I did for years!).
Traffic and Performance
- Avg. revenue /month$998Verified
- Avg. sessions /month3,230Verified
- Avg. profit /month$1,450
- Inventory value$18,430
- Profit Margin4%
- Avg. sales /month189
- Shopify plan
- Inventory warehouse
Logo and branding assetsAll logos, images, social media cover shots, advertisement graphics, etc. will be made available as part of the asset sale.
Personal support after saleI am more than happy to help with the transition of the business as I would love the new owner to be set up for success! We can discuss time frames and needs further, but I will definitely provide any training, guidance, etc. required/requested.
Product photosAll professionally-shot product photos and videos will be made available to the buyer in whatever electronic format works best for them (i.e. via Dropbox).
How to grow this business
There are so many amazing ways to grow this business, including increased marketing, product development, product line expansion, co-branding and sponsorship opportunities, affiliate programs, a move into bricks and mortar retail... the list goes on!
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.