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$45,000 USD

Private listing #170252

Appears in Fashion and apparel , Established businesses, United States, California, Los Angeles, Oberlo stores for sale, Private listings, Dropshipping, Lifestyle, Home Business for sale, Large Business, Business and Franchises under $50,000

General description

This store is a men’s fashion accessories dropshipping business that has been operating for approximately a year and a half with great success.

The primary marketing strategy has been the Free + Shipping model and remarketing to existing customers in order to increase their lifetime value by upselling to them higher price retail items.

Store traffic is driven through multiple channels. New customer acquisition is driven via paid Instagram Advertisement and word of mouth from our satisfied customers.

Other forms of traffic is driven through regular Instagram posts and email campaigns (list of approx 150,000 subscribers).

Our dropshipping store has netted over $2 million in total revenue since Jan 2017. Average profit margin can range from 8-10%.

Primary market for our store is from the United States. We do get occasional purchases from parts of Asia, Europe, and Australia, but the bread and butter has always been the United States.

We have a direct relationship with a supplier in China that performs our fulfillment in bulk. This means that all you need to do is export orders at your own schedule and send them over to the supplier, and make a one time payment, rather than the traditional one at a time fulfillment done by Oberlo or other dropshipping apps. Pricing from supplier is stable and is always open to renegotiation. We tend to try and renegotiate pricing when there are upticks in sales.

This store requires someone, either you or another person on your team to be knowledgeable in Facebook Ads. I am willing to offer operational support for a limited time after the store has been sold but I cannot teach you how to advertise, as it can be complex and there are many different strategies that can be implemented. Please do not contact me if you are unfamiliar with Facebook Advertising or have no one to take over that portion of the business.

Store Metrics (Started Jan 2017) and as of 8/29/2018

• Total visitors: Approximately 2,287,839

• Gross Sales: Approximately $2,346,708.45

• Total Orders: Approximately 142255

• Average Order Value: $16.63

Funnel Metrics

• Add to cart: 29.08%

• Reached Checkout: 13.85%

• Purchase: 5.67%

Financials and traffic

Profit and orders varies on how much work is put into advertising and sourcing products. These numbers are the numbers as of late.

Average profit/month

$11,335 USD

Average overall profit margin

10%

Average number of sales/month

7,000

Average Monthly revenue

$109,329.71 USD

Average Monthly traffic

105,096 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Cost of advertising can be set as you please. We generally find a good medium at about $1000/a day but this can easily be scaled if the amount of work is put in with great strategy. At our highest peak, we were spending almost $10,000 a day on advertising.

Expense item

Cost

Shopify plan

$70.00/month

Subscriptions (ie. Mailchimp, apps)

$440.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$24,000.00/month

Employees (Including contractors and freelancers)

$1,200.00/month

Domain

$0.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Mailing list

117,000 subscribers

Social media followers

44,000 people

Q & A

Do you work with any employees, freelancers, or contractors?

We have one VA who answers all of our customer service emails and works with our supplier to work out any order issues. Weekly pay of $300. She works very independently as is highly punctual and pays great attention to detail.

Why should someone buy this store?

This store has shown high levels of success during its lifetime and has brand recognition. The store can provide great passive income for anyone seasoned in online marketing and provides a framework for success. We have a great relationship with our current supplier that gives us low costs on products and are great at sourcing new ones.

How can the future owner improve the business?

Continue to source hot products that are emerging. Implement superb advertising strategies and funnels. Explore more advertising options outside of Facebook and Instagram.

What work have you put into the store?

Consistent advertising effort in order to acquire new customers. Built the website from scratch and developed a workflow that makes this store passive in running (except running ads).

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