All prices in USD
  • Avg. revenue /month
    $66,464
  • Avg. sessions /month44,357
  • Avg. profit /month
    $20,000

Business Story

Why this business was started

I started this business with the intentions of being able to market a problem solving product to the photography market. After having problems showcasing certain products and objects aesthetically, I reached out to suppliers that had innovative products that could possibly be a solution to those problems. Having a great video advertisement to display the products functionality, as well as social media marketing skills it was a no brainer to attempt to arbitrage it. This business has incredible potential with the niched market it lies in.

The reason of selling this business

The main reason I am selling it is because of merchant processing issues. Because of the volume of sales that I was doing, I was given a paypal hold which is currently in review but will most likely be lifted. That being said one could continue running this business tomorrow if they wanted to with any other merchant processor, some even affiliated with their own bank which unfortunately mine did not have. There is potential to make an immense amount of money by continuing this business, but since it prohibited my momentum, I would like a new innovator to be able to take the reigns while I explore new markets.

What's involved in running this business

I currently have 4 employees for order fulfillment, customer service, and advertisement and content moderation so personally, as the CEO and CMO I am responsible for managing the employees as well as the marketing efforts. This includes about 1 hour of communication per day with employees as well as 1-2 hours for marketing efforts and moderation.

This business was founded: 8 months ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $66,464
    Verified
  • Avg. sessions /month44,357Verified
  • Avg. profit /month
    $20,000
  • Profit Margin15%
  • Avg. sales /month3,000
Other details about profit: Profit margin can be increased based off expanding marketing efforts and possibly outsourcing certain strategies.
Total revenue
  • $465,249
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 310,504Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Employees
      $1,500
      /month
    • Domain
      $14
      /year
    • Apps
      $200
      /month
    • Advertising
      $75,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All of the rights to the company including the facebook ads account and the website.
    • Personal support after sale

      I will provide personalized coaching for the first 2 weeks after the initial sale to the owner or the marketing team on how the operations ran.
    • Domain

    • Product photos

      Not Included
    • Social media

    • Suppliers

    • Mailing List

      9,000subscribers

    Seller‘s Advice

    How to grow this business

    If I were not selling this business, I would grow it to about 3-4 million dollars in sales as this month alone was on pace for 300k and through marketing efforts, I may have expanded into an inventory based business.

    Skills to have

    Marketing skills are important, but you could hire an ad agency to monitor the ads and pick up where they left off and technically fully automate it and still make 500-3000 a day profit.

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