All prices in USD
Sold

Private listing #362140

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  • Avg. revenue /month
    $10,740
  • Avg. sessions /month8,382
  • Avg. profit /month
    $2,000

Business Story

Why this business was started

I was working a 9-to-5 job and wanted to start my own business. I searched for a niche I was passionate about and this was the first store I started. This store allowed me to quit my job and become my own boss.

The reason of selling this business

I decided to sell this store because I’m focusing on a new store and don’t have time to run and grow this one anymore. It was a difficult decision as it was the first business I’ve ever started but I’m confident the new owner can scale this store to a 7 figure business.

What's involved in running this business

The store is built with a professionally designed logo, social media accounts, 3+ winning products, ad accounts and automated order fulfilment with a private agent. The main focus will be running Facebook and/or Google ads to get traffic to your store. Retargeting campaigns have been setup already. I can assist you the first weeks Customer Service emails only take 15 minutes a day or less with prebuilt templates. This can be outsourced to a VA. Only contact me if you are truly interested in running this business.

This business was founded: about 2 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $10,740
    Verified
  • Avg. sessions /month8,382Verified
  • Avg. profit /month
    $2,000
  • Profit Margin12%
  • Avg. sales /month450
Other details about profit: Profit can be increased by offering bundles and upselling. Profit was lower from April-June because of high shipping prices due to COVID-19.
Total revenue
  • $268,496
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 209,551Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Facebook Ads
      $6,000
      /month
    • Loox, Tracktor
      $24
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Professional logo design - worth $450 Video ads Transfer via Google Drive when the new owner takes over.
    • Personal support after sale

      I can provide support for 30 days after purchase. I will help with all your requests concerning the ads, supplier, customer service, ...
    • Domain

    • Product photos

      All product photos and banners are included with the store and are available directly in the Shopify admin.
    • Social media

    • Suppliers

      I will introduce you to my private agent who takes care of packaging and shipping.
    • Mailing List

      8,760subscribers

    Seller‘s Advice

    How to grow this business

    INFORMATION STOP The store is up and running in the pet niche with a returning customer rate of 3.86% and conversion rate of 3.5% in 2020. In 2020 this store has shown great potential, making more than $225,000 in total revenue. The Shopify Store Valuation is $156,450. We have received a lot of positive feedback from our customers.

    By branding the products and looking for new winning or upsell products, you can grow this store further so it can exist for many years.

    Currently the products are being shipped with YunExpress or 4PX through an agent. Order fulfilment is fully automated. Looking for a supplier or warehouse in the USA and provide them faster shipping can gain more returning customers.

    You can easily scale this store to 50k/month by scaling Google Ads and Facebook Ads. The ad accounts will be handed over to the new owner with an already seasoned pixel with over 6000 sales. We have mainly focused on US, CA, AU and NZ but can easily be copied in Europe.

    I recommend running email and sms marketing campaigns to the email list of 8700+ customers to get recurring revenue. Currently we haven’t focused on this, only doing holiday sales campaigns.

    We’ve already invested in SEO recently to improve the organic traffic to our store. You can try influencer marketing to get sales at little costs.

    The next steps for this store would be to create a brand, have stock in a US warehouse and advertise in new countries.

    Skills to have

    A basic understanding of e-commerce and dropshopping is a prerequisite. Order fulfilment has been automated so the main focus would be on marketing. You can outsource this or hire a VA. Most of it you can learn by doing it and learning from your mistakes. You need to have the right entrepreneurial mindset to make it a success. I can provide a step by step guide and provide support.

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