All prices in USD
  • Avg. revenue /month
    $5,058
  • Avg. sessions /month1,341
  • Avg. profit /month
    $2,900

Business Story

Why this business was started

The business was started when I noticed the potential of revenues of smart home and other consumer electronics that had large margins with suggested retail pricing. Selling below suggested retail pricing with low overhead allowed for large number of sales with no issues.

Most items can be drop shipped from suppliers with the exception of some items (such as Nest) but these can be purchased as orders are placed allowing you to retain no inventory. Customers understand that customer support won't be real time replies and within 24-48 hours when they are buying items for large discounts compared to other eCommerce stores.

The reason of selling this business

We're moving into professional services including installation of products and away from strictly selling just hardware. Due to moving our office, we're no longer in a prime area to allow us to operate (Toronto).

What's involved in running this business

Research well selling consumer electronics, source from distributors which allow drop shipping or order stock as required for you to ship yourselves.

Customer support was handled strictly though email with 24-48 hours response time.

This business was founded: almost 3 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $5,058
    Verified
  • Avg. sessions /month1,341Verified
  • Avg. profit /month
    $2,900
  • Profit Margin60%
  • Avg. sales /month50
Other details about profit: Established sales on Amazon and eBay as well. Will be including these user accounts as well.
Total revenue
  • $166,915
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 44,253Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $30
      /month
    • Domain
      $20
      /year
    • DigitalOcean VPS for price generating
      $50
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Logos & domain name will be transferred along with Social media accounts (Facebook, Twitter, Instagram)
    • Personal support after sale

      Optional support on operations of business (up to 20 hours), providing supplier connections, assisting with automation setup of StockSync scripts and supplier price management using a DigitalOcean VPS and database available up to 5 business days after sale excluding weekends/holidays.
    • Domain

    • Product photos

      Not Included
    • Social media

      Total followers300subscribers
    • Suppliers

      Not Included
    • Mailing List

      7,000subscribers

    Share

    RW
    Rob W.Current store owner

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