- Avg. revenue /month$162,616
- Avg. sessions /month107,574
- Avg. profit /month$28,000
- Inventory value$18,000
Why this business was started
When I started this business over two years ago there was a big gap in the market for the niche I am in. When I first started this store we only had one product which I thought filled that need. Within the first month of advertising on facebook we sold over 3,000 units. Since then we have expanded to over a 20 product brand.
The reason of selling this business
The reason I want to sell my business is because I am bored. I get enjoyments from building things and innovating. I have brought this store from a one product Shopify store to full on brand with over 20 different products. It feels more as a chore for me to continue running the business and after 2 and a half years I am ready to move on and build a new business from scratch in a different sector.
What's involved in running this business
The main job of running this business is managing a team. There is a full team in place, all independent contractors all specialized in their own field. You must focus on managing these people and over concepts and long term vision.
Online e-commerce brand with over 20 different products, 5,000,000 in revenue, over 90,000 customers, 170,000+ followers with verified Instagram and Facebook pages featured in Forbes, Inc, MSNBC and more. Shipping from Los Angeles, CA. Amazing team, supplier relations and systems put in place in order to have smooth sailing while running this business.
Why should someone buy this store?
You should buy this brand if you are looking to not only own and run a successful e-commerce brand but also if you want to provide a massive amount of value to consumers, making their lives more convenient.
How can the future owner improve the business?
The future owner could grow amazon channel, try to get into retail and try to increase lifetime value of the customer though a subscription template.
What work have you put into the store?
So much it's hard to put in writing. Some Includes: -Full website build out + a lot of custom code -Grown social accounts and following -Built team + supplier relations -Shipped over 90,000 orders -Advertising and social content
Traffic and Performance
- Avg. revenue /month$162,616Verified
- Avg. sessions /month107,574Verified
- Avg. profit /month$28,000
- Inventory value$18,000
- Profit Margin15%
- Avg. sales /month3,700
- Shopify plan
- Inventory warehouse
Logo and branding assetsGoogle Drive
Personal support after sale2 months personal consulting and support shall be included via phone, skype, etc.. to ensure the buyer has attained all knowledge in running and growing the business
Product photosGoogle Drive
SuppliersHave sent over $2,000,000 to this supplier and have been working with him for over three years and have even visited him in China. Amazing relationship, amazing prices, can source anything and will provide custom packaging.
How to grow this business
There are many avenues to scale this business in the future, some that I have been working on and some I don’t have the experience or connections in. The first route being Amazon. We already have a great online presence and why not try to tap in to the amazon marketplace. The second route being retail. We have a very reputable brand with verified instagram and facebook pages with over 170,000 followers, press features in Forbes, msnbc and Inc and have great products that would do great in retail. We have begun our retail pitch deck and can forward ideas. Lastly expand through subscription. Having such a big following, customer base and website where there is so much monthly traffic, we were planning on building out a way to capture re-accuring payments. Our idea was through a monthly subscription box box which we have a full pitch deck for but never got around to executing.
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.