All prices in USD

Private listing #972480

URL Hidden
$197,500
  • Avg. revenue /month
    $63,443
  • Avg. sessions /month33,213
  • Avg. profit /month
    $20,746

Business Story

Why this business was started

I quit my job 3 years ago to become a full time entreprenuer. Since then I built this store to over $700,000 in 3months and was featured by Shopify and Oberlo. I took a break over Christmas and Covid. I relaunched again in September and just recently in October we did $125,000, and November $184,000 at a profit margin of 35%. 2021 will be huge for this store and product.

The reason of selling this business

I am moving back to Australia and plan to step away from the dropshipping/Ecom space and utilize my skills to build my own Marketing agency.

What's involved in running this business

You need some knowledge of online marketing. At the moment my time is spent monitoring and tweaking ads, email marketing, instructing VA's, communicating with supplier and warehouse.

This business was founded: over 1 year ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $63,443
    Verified
  • Avg. sessions /month33,213Verified
  • Avg. profit /month
    $20,746
  • Profit Margin35%
  • Avg. sales /month1,966
Other details about profit: Profit margin is significantly higher this year (2020) than 2019 since I relaunched and started shipping from the US (Bulk ordered products) than 2019 and that I am more experienced with facebook ads. October 2020 was $125,000 in total sales, 35% profit margin = $42,000+ profit
Total revenue
  • $1,015,094
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 531,422Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Employees
      $200
      /month
    • Domain
      $50
      /year
    • Shopify Apps
      $150
      /month
    • Facebook + Google Ads
      $40,000
      /month
    • Klaviyo
      $400
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Logo and all brand assets will be transferred through google drive
    • Personal support after sale

      Will offer 1 week video skype support, followed by 1 month email chat support. Can offer advice on how to get the most out of this business and discuss scaling strategies. Have had zero chargebacks since relaunch. Will happily provide support and reimbursement for any refunds or chargebacks though.
    • Domain

    • Product photos

      Have a bunch of influencer photos and videos that can also be transferred
    • Social media

    • Suppliers

      Warehouse is based in Chicago, IL. Happy for potential buyer to take over the relationship with warehouse and supplier. Supplier manufactures bulk orders in less than a week.
    • Mailing List

      25,000subscribers

    Seller‘s Advice

    How to grow this business

    There is huge potential with this hyper targeted niche and audience. Have only really sold one product on this store. With a 25,000+ customer list there is significant opportunities for remarketing with new products and to build passive income through emails, ads etc.

    Skills to have

    You need some knowledge of online marketing. At the moment my time is spent monitoring and tweaking ads, email marketing, instructing VA's, communicating with supplier and warehouse.

    Share

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.