All prices in USD

Private listing #509513

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$6,000
  • Avg. revenue /month
    $20,506
  • Avg. sessions /month33,596
  • Avg. profit /month
    $4,848

Business Story

Why this business was started

We are in the ecommerce space for a long time now, 5 years, and this was one project we started as we moved over from Facebook to TikTok. It was a natural transition: We started with dropshipping, testing out different products and then struck gold with our niche, which is Jewelry. We expanded on that niche, so we turned it into a niche store.

The reason of selling this business

We have many different dropshipping stores going for us. This is a great project and moving forward I believe it's best for this business to be advertised not only on TikTok but also on other platforms. We aren't competend or interested in other platforms, so we decided to drop this project to fully focus on our other ones.

What's involved in running this business

These are the areas which are currently covered by the team: - Fulfillment of orders (this is still dropshipping although we have a bit of stock in China. It's almost fully automated. The only thing the COO does it to bulk order the daily orders with 2 clicks in topdser. Any issues for fulfillment are handled by the trained customer service VA) - TikTok ads (fulfilled by media buyer, nothing to do) - Content creation (initiated by media buyer, fulfilled by 1 video shooter and 1 video editor in the team, nothing to do) - Finances & Accounting (obviously depends on you where you are and your situation. Currently fulfilled by our accountant) - Human Resources (checkins with the team, either done by you or COO) - Customer service (done by CS rep, nothing to do) - Website testing and optimization (done by store manager, nothing to do)

This business was founded: over 4 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $20,506
    Verified
  • Avg. sessions /month33,596Verified
  • Avg. profit /month
    $4,848
  • Profit Margin25%
  • Avg. sales /month3,000
Other details about profit: Only paid TikTok traffic, so profit depends on ad performance. Been very stable over the past 8 months. Can gladly send more screenshots. NOTE: Our average monthly profit in the past 6 months was always between 10.000USD and 25.000USD. We are required to state it lower because of Exchange policies. In short, we created the Shopify store 4 years ago, but didn't build the business until a year ago. Shopify Exchange takes average lifetime revenue though, so obviously the revenue appears way lower because of so many standby months. Therefore, we had to adjust the profit.
Total revenue
  • $1,086,798
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,780,624Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $500
      /month
    • Employees
      $1,500
      /month
    • Domain
      $10
      /year
    • Klaviyo
      $300
      /month
    • TikTok Ads
      $3,000
      /month
    • Loom, Canva, Google Workspace, Lucid Chart
      $300
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      - You get high resolution logo files in .png format - You get general jewelry pictures that we made for branding purposes in a professional photo shoot Those will be tansferred via a ZIP file that you can download
    • Personal support after sale

      We will be in daily contact for 4 weeks after the store is transferred to cover any questions via direct message. We will also have 2 30-minute calls per week to install the knowledge and context needed for you to fully take over and scale the business. We will teach you about how we run tiktok ads, make content and generate sales this way. We will also train you as the new head of the business so you can work with all the employees correctly and understand processes. We will also explain any tool that we use (Google, Lucid chart, Clickup...) so you can take over things properly.
    • Domain

    • Product photos

      - All product images currently live on the website will be transferred to you via Shopify. We will transfer ownership of the store to you and all live images are saved in the Files section of Shopify - Additionally, you will receive ~100 jewelry pictures we made in a professional photo shoot that are currently not live on the website. You will receive those as a ZIP file you can download
    • Social media

      Not Included
    • Suppliers

      We have a great relationship with our supplier. We are using the service topdser to fulfill our orders and have been using the same contacts for a year now. They are providing us with fast support and better quotes than regular users. You will receive those benefits too.
    • Mailing List

      35,000subscribers

    Seller‘s Advice

    How to grow this business

    So many things to be done. This store is only running on paid TikTok traffic for now. We never seriously looked into Facebook, Pinterest or Google. It really depends on your situation and your skills what you want to move in first, many options. We don't even have a social community, so that's also something to consider. With mostly positive reviews, this is definitely something you should also do.

    Skills to have

    You'll get the processes, team, advertising strategies etc. So the only thing it depends on is whether you want to run it yourself or promote our COO to more responsibilities so you don't have to do anything.

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