All prices in USD
$350,000
  • Avg. revenue /month
    $11,422
  • Avg. sessions /month23,281
  • Avg. profit /month
    $3,700

Business Story

Why this business was started

Our holding company has more than 15 years of experience in the textile industry, and has been making bedding for well-known hotel chains for many years, so this invaluable experience provides a thorough understanding of the creation of our products. This experience inspired us to create a Home Textile brand of high quality products like bedding sets, bathrobes, towels and decor textile.

The reason of selling this business

The holding company has decided to concentrate on its core wholesale trade business.

What's involved in running this business

This online store is being run by 4 people: Product Manager (strategy, expansion, development); Business Development Manager (search of retail stores and online platforms in the new markets); Client Support Specialist (communication with clients, order fulfillment); Digital Marketing Specialist (Facebook ads, store development).

This business was founded: over 2 years ago
Time to run this business: approximately 40 hours per week

Traffic and Performance

  • Avg. revenue /month
    $11,422
    Verified
  • Avg. sessions /month23,281Verified
  • Avg. profit /month
    $3,700
  • Profit Margin35%
  • Avg. sales /month127
Other details about profit: We started to work fully with this online store from November 2018 (registered in January 2018), so average calculations from Shopify doesn't show full numbers. Average revenue from November 2018 till April 2020 - 18000 USD $/month on our online store. Plus we sell our products through retail stores and other online platforms.
Total revenue
  • $319,815
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 651,881Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Domain
      $100
      /year
    • Paid apps
      $51
      /month
    • Facebook ads
      $4,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      It will be transferred via Google drive.
    • Personal support after sale

      We will provide you information via Skype/Zoom on how to manage a store, what strategies are working with Facebook ads, how you can achieve good SEO results. We can discuss how much time do you need for our support.
    • Domain

    • Product photos

      It will be transferred via Google drive.
    • Social media

    • Suppliers

      You will receive all [PRIVATE INFO] products suppliers contacts.
    • Mailing List

      500subscribers

    Seller‘s Advice

    How to grow this business

    We reached current results in a very small Lithuanian market, so every new market is a big opportunity for this business. We mainly used Facebook Ads, Instagram Influencers and email marketing to get to where we are now. In next five years the plan is to continue growing in the new markets, using Facebook Ads and Email marketing, as well as starting Google Ads, SEO and try Affiliate marketing.

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