Online smoke shop (inventory is drop shipped via local wholesalers) with dropshipped apparel via Modalyst app on Shopify. Minimal sales. High-risk merchant needed for smoke shop supplies.
Financials and traffic
I was hesitant to move forward with marketing due to lack of appropriate merchant account (high-risk needed).
Average overall profit margin
Average number of sales/month
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.
Have some marketing materials that will be sent upon purchase. (business cards with 10% discount, no name or phone number)
Great design and brand with small list of customers to work with. Plenty of potential for someone with time.
How can the future owner improve the business?
Connecting a high-risk merchant is going to be mandatory if future seller wishes to sell smoke shop products. Every time I post on Instagram a few sales trickle in. If someone can focus on social outreach they would kill it.
What work have you put into the store?
I've spent countless hours on the design of the website (over the last year). I've been using it as a tool to close other website-related deals (I'm a designer) and people love the look and it attracts a young audience.
Also have the following domain names:
These were intended to be used as a subscription service.
How many hours does it take to run this business per week?
My background is in design and website development. This website was used as a tool to a) monetize a relationship for additional value, and b) to showcase some branding and design skills. When beginning this, I did not realize that I would need a high-risk merchant account to continue. If I did not need a special merchant account, I would hang on to this website but unfortunately I do not even want to begin the application process. I will stay true to my branding nature and leave the actual running of online stores to experienced store owners.