- Avg. revenue /month$24,560
- Avg. sessions /month39,612
- Avg. profit /month$7,000
- Inventory value$3,000
Why this business was started
I decided to start this business because I was interested in building an online store that would give me some personal freedom to run my own business, and I had been introduced to a company that could provide me with the knowledge of how to proceed. In addition, I was dissatisfied with the work I was doing prior to building this business, and eCommerce seemed like a good option to pursue.
The reason of selling this business
I have decided to sell this business as I am in the process of starting a financial advisory company with three other partners and I would like to free up all of my time for this venture. I would also like to use the proceeds from the sale of this company to help fund this start-up.
What's involved in running this business
Running advertising campaigns. Finding and listing new products. Fulfilling orders Customer service Accounting
We sell apparel, equipment and accessories with a market focus mostly on motorcycle enthusiasts. We sell globally, have a client list of 5,500 paying customers, an average order value of $130.00, and $670,000 in sales since September 2017. 95% of our orders are fulfilled via drop shipping, with the remainder delivered from our warehouse in Florida.
Why should someone buy this store?
- High order value $175
- 5,500 fulfilled orders
- Truly Global Market: 50% U.S. sales, 50% to 65+ other countries.
- 20,000 person email list
- 50,000 Facebook followers: https://www.facebook.com/BigSkyBikerBrigade/
- 55% to 60% gross profit margin
- Low work load
- Opportunity to grow indefinitely with a strong marketing strategy and the addition of advertising platforms such as AdWords.
- Fun niche
- Beautiful Website
- Loyal Customer Base: 20% returning customer rate.
- Seller Financing Available
How can the future owner improve the business?
This business offers value to a buyer who can bring a strong and consistent marketing strategy into the operation. Our success via Facebook marketing has come despite a less than optimum marketing strategy and offers significant value to an owner with access to professional marketing efforts.
What work have you put into the store?
We have built the store from scratch and have built the client base via in house Facebook marketing efforts. We have also developed strong relationships with our suppliers and clients.
Traffic and Performance
- Avg. revenue /month$24,560Verified
- Avg. sessions /month39,612Verified
- Avg. profit /month$7,000
- Inventory value$3,000
- Profit Margin22%
- Avg. sales /month100
- Shopify plan
- Inventory warehouse
- Mail Chimp, other Shopify Apps
- Facebook, Adroll. Cost is 15 month average.
Logo and branding assetsAll logos, Facebook pages and other branded assets, transferred as requested.
Personal support after saleI will provide 3 months of training to the buyer on all aspects of the business, including advertising and campaign management, Shopify administration, order fulfillment, supplier relations, accounting, customer service, email campaign management, etc.
Product photosAll product photos on the site.
How to grow this business
If I were to keep this business, I would concentrate on improving our marketing efforts via Facebook and Adroll advertising to enhance traffic efficiency and email list growth. I would also have medium to long term goal of increasing sales via direct email marketing to our growing email list.
Skills to have
The the most efficient revenue and profit drivers for this business will be efficient marketing via both Facebook/Adroll campaigns and the professional development of direct email marketing to the stores email subscribers. Our efforts in exploiting our email list have been less than ideal, and a successful email campaign strategy would quickly increase the monthly net profit of the business as add revenue decreases as a percentage Gross Revenue.
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.