- Avg. revenue /month$8,208
- Avg. sessions /month7,579
- Avg. profit /month$2,432
- Inventory value$1,400
Why this business was started
I wanted to build an extra passive income stream, we first tested the product in the UK market and the performance has been incredible so we took the time to start building a reliable brand to kinda stabilize the revenue which i believe we successfully achieved now that we have bunch of influencers that created custom content for us that is well ranked on youtube. As we have just launched a subscription based program where customers can chose to either buy the main product (one time payment) or subscribe and save 20% (by subscribing the customer gets charged every 6 weeks in exchange for replacement complementary product)
The reason of selling this business
I also run two additional ecommerce firms, a SAAS company, and a consultancy firm. I can receive a better return on other investments, but I only have so much time.
I don't have the time to devote to this business in order to take it to the next level, and I'm not passionate enough about the shaving niche to put it ahead of my other ventures.
The ideal owner would honestly be a bald guy haha or someone who is passionate about the shaving industry and wants to build the next big dollar shave club.
What's involved in running this business
-manage 1 VA that is taking care of the customer support -Regularly pay the agent for both the product cost and the shipping fees. -Run Fb ads
Traffic and Performance
- Avg. revenue /month$8,208Verified
- Avg. sessions /month7,579Verified
- Avg. profit /month$2,432
- Inventory value$1,400
- Profit Margin30%
- Avg. sales /month347
- Shopify plan
- Inventory warehouse
- Paid apps
- Hubbstaff to manage the VAs
- Shopify Transaction fees ( approx )
Logo and branding assetsAll logo files, product and campaign images, and Google and FB/Insta accounts will be handed over after receiving payment through google drive in png format this will include our logo in all social formats as well as the custom packaging PSD File if you want to do some modification and all the video ad content we have created to run on Facebook ads in a drive folder. And we can also help out for 3 weeks post sale. Extra bonus : our content creation strategy. our influencer reach strategy for content and much more. This listing will be inclusive to help you run this brand successfully. All help will be provided.
Personal support after salewe are ready to offer full support for 7 days post sale - share few very interesting ideas if you have the time to take this business to a whole new level.
Product photosAll logo files, product and campaign images, and Google and FB/Insta accounts will be handed over via email after receiving payment. And we can also help out for 3 weeks post sale.
Supplierspost sale you will have access to the supplier we deal with, he has very good shipping times and he quality checks all orders before shipment.
How to grow this business
Let's just say that we didn't even scratch the surface of the market for this business, we started it 3 months ago exactly on the 10th of December. To grow the business further i suggest: 1. you start selling the product worldwide (we're currently selling it in the UK only) 2. you ship the stock from China to the main market where your customers are based in for faster shipping 3. Start marketing the product on other platforms (we are currently using only fb ads, we are just thinking about launching google ads)
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.