All prices in USD
  • Avg. revenue /month
    $52,504
  • Avg. sessions /month88,573
  • Avg. profit /month
    $10,500

Business Story

Why this business was started

LoomRack was officially launched around March, 2018. With over 20,500 sales, LoomRack has generated over $1,000,000+ worth of sells (net revenue). LoomRack has become a staple in the fashion and accessories worldwide market. Advertising is done strictly through Facebook, Instagram and Google Ads.

LoomRack has a healthy social media presence with over 1,000 followers on Facebook, over 500,000 monthly views on Pinterest. LoomRack has an email list of over 20,000+ subscribers that are amazing for back-end sales.

The majority of sales have come from Facebook and Instagram advertisements along with many organic traffic sales and Google Ads. Email marketing has proven to be extremely effective with generating sales.

LoomRack is a drop shipping store. The majority of LoomRack products include leggings, sunglasses, bags, fashion accessories.

Some of our products were featured on a few super popular online magazines/fashion blogs. Good for backlinking and website SEO authority.

LoomRack has been evaluated at $660,110. We are selling it at a very low price of $44,900. We are selling LoomRack in order to focus on other business ventures and to use the capital to invest in the other ventures.

Please, serious inquires only. This is an amazing opportunity for anyone who wants to have a successful drop shipping store.

The reason of selling this business

We are selling LoomRack in order to focus on other business ventures and to use the capital to invest in the other ventures.

What's involved in running this business

Product research, order fulfillment, running advertising campaigns on Facebook and Google Ads.

We have a great team that helps us automate running the business (almost on autopilot), starting from order fulfillment, product research, running fb advertising, product uploading, image editing, writing product descriptions and customer support.

This business was founded: over 1 year ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $52,504
    Verified
  • Avg. sessions /month88,573Verified
  • Avg. profit /month
    $10,500
  • Profit Margin12%
  • Avg. sales /month1,641
Other details about profit: Profit margin has fluctuated depending on the season from 12%-20%.
Total revenue
  • $1,050,071
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,771,473Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $1,500
      /month
    • Domain
      $15
      /year

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Logo files included.
    • Personal support after sale

      We are happy to provide 15 days of skype support about everything it takes to run the store after the sale. Product research, automations, customer service etc.
    • Domain

    • Product photos

      All product photos included with the website.
    • Social media

      Total followers1,000subscribers
    • Suppliers

    • Mailing List

      23,325subscribers

    Seller‘s Advice

    How to grow this business

    The future owner could increase the revenue even more by adding focus to Google Ads, Google Shopping, email marketing, and influencer marketing.

    Skills to have

    There is no specific knowledge other than basic knowledge about shopify, dropshipping in general, facebook ads, be great visionary and passion about this business.

    AF
    Admin F.Current store owner
    Running this business for over 1 year now.

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