All prices in USD

Private listing #428984

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$19,000
  • Avg. revenue /month
    $8,805
  • Avg. sessions /month6,350
  • Avg. profit /month
    $6,000

Business Story

Why this business was started

We ( my team and I) have been involved in the outdoor & hunting niche for quite some time and we enjoy process of creating a brand from scratch being. We firmly believe in this product, so we wanted more people to add this to their outdoor gear.

The reason of selling this business

While we were able to force this product to work and become very profitable,( as of November 2020, we are doing $9k-$15k revenue per day in sales, and averaging around $2k profit a day) we believe it may require further effort that may take away our time from our other ecommerce projects and ventures if we want to take it to the next level. We work on several multi milion brands and we like to create smaller stores as a side hustle so this store is one of them . Single product stores can be incredibly profitable for 7-8 months or perhaps even years but it requires the creation of more creatives(videos) and that isn't something we want to do right now. For that reason we want to sell it to free our hands and devote more energy into a possibly more proftiable venture.

Another thing we would like to mention is that the shopify stats says we are doing only $8.8k revenue per month, but that is because we did nothing on this store since last year and only start advertising on it again September. So the current avg monthly average is much higher. Currently doing $100k revenue from October to this this date in November- 11-15-2020

What's involved in running this business

Creating new video creatives every 3-4 weeks, monitoring the facebook ads, and customer support and fulfilling orders with the supplier. You will need to devoteartound 30 minutes a day answering customer emails, and monitor your facebook ads as much as you can as many things can happen, (ie. shopify going down or fb spending budget quickly)

This business was founded: over 1 year ago
Time to run this business: approximately 35 hours per week

Traffic and Performance

  • Avg. revenue /month
    $8,805
    Verified
  • Avg. sessions /month6,350Verified
  • Avg. profit /month
    $6,000
  • Profit Margin25%
  • Avg. sales /month6,000
Other details about profit: profit is calculated by subtracting facebook ad costs + product costs from the overall revenue. There are also some fees from shopify , 2.9% +30 cents per transaction with customer.
Total revenue
  • $176,093
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 127,001Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Vitals
      $29
      /month
    • facebook
      $6,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      either via email, skype or any media transferral service new owner prefers
    • Personal support after sale

      We will provide guidance on how to run facebook ads and provide other tips to keep the business alive should the owner need it.
    • Domain

    • Product photos

      either via email, skype or any media transferral service new owner prefers
    • Social media

    • Suppliers

      We will provide supplier contacts
    • Mailing List

      5,000subscribers

    Seller‘s Advice

    How to grow this business

    The website is 1 product store that viral and it have 10.000 of happy customers who constantly ask as when we will ad more items.So adding more items is one big thing that can be implemented .

    Skills to have

    New Owner should have knowledge with setting up shopify stores, researching for new products and using facebook business manager to manage and run ads.Being able to create videos and some skills in photoshop + illustrator would also be very helpful.

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