- Avg. revenue /month$57,733
- Avg. sessions /month46,017
- Avg. profit /month$20,000
Why this business was started
I started this business because I saw a very strong opportunity in this market to launch our unique products and grow to 7-figures and beyond.
The strategies that I used (and am currently using) to scale to seven figures in two months can be replicated fairly easily, both in this niche as well as other niches.
The reason of selling this business
I have created new businesses using the same strategies that I used on this business, and I am finding that they work in multiple industries. I have a few other assets that I want to focus on growing although this one has a lot of potential.
Another goal of mine is to transition into a position where I can help coach people to achieve the same results on this store, or potentially their own store.
What's involved in running this business
Most steps involved in running this business have been fully automated. This includes customer service, supply chain management, automated email sequences, etc.
The biggest level of involvement in running this business is Facebook ads, which I am willing to teach to the right person.
Traffic and Performance
- Avg. revenue /month$57,733Verified
- Avg. sessions /month46,017Verified
- Avg. profit /month$20,000
- Profit Margin20%
- Avg. sales /month8,000
- Shopify plan
- Facebook, Instagram, and Google
- Site and team management software
- Product Fulfillment
Physical inventoryNot Included
Logo and branding assetsWe have an organized Google Drive with all of our product creative, ad creative, videos, and every other design asset needed to effectively run the business.
Personal support after saleWe offer 3 months of "transition coaching" to help ensure the new store owner is primed for extreme growth over the next 12-18 months. We will complete 1 hour of weekly coaching calls for 3 months (12 hours total) a long with email Q/A support during the same time period. If additional support is requested it can be provided at an agreed upon monthly fee.
Product photosWe have multiple photos for every product including lifestyle shots that will be transferred using Google Drive.
How to grow this business
I would create listings on sales channels that can generate organic sales, such as an Amazon and Pinterest, as well as improve store SEO. Right now, this business is very dependent on paid advertising (albeit has worked very well).
Skills to have
The new owner should know how to run Facebook/Google ads using the strategies that we have developed. We have split-tested countless techniques to achieve the lowest possible cost per click on Facebook ($.30 average) that sends traffic to a high converting website (5.2%) with a high average cart ($35). Our ability to do so has resulted in a profitable return on ad spend for acquiring new customers, which is becoming harder and harder to do in this industry. We have been able to acquire thousand's of new customers profitably on the front end, and then are able to be even more profitable on the backend with email/Google/Facebook offers and retargeting.
My partner and I are willing to offer coaching with this sale, which is also something we would consider offering on its own without the sale of the actual business - for the right person. We offer 3 months of on-going support with weekly calls via Skype or Zoom.
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.