- Avg. revenue /month$8,208
- Avg. sessions /month7,579
- Avg. profit /month$2,432
- Inventory value$1,400
Business Story
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
Time to run this business: approximately 7 hours per weekTraffic and Performance
- Avg. revenue /month$8,208
Verified - Avg. sessions /month7,579Verified
- Avg. profit /month$2,432
- Inventory value$1,400
- Profit Margin30%
- Avg. sales /month347
Revenue data comes directly from Shopify and cannot be edited by the sellerTraffic data comes directly from Shopify and cannot be edited by the sellerExpenses
- Shopify plan
- $79/month
- Inventory warehouse
- $50/month
- Employees
- $40/month
- Domain
- $14/year
- Paid apps
- $200/month
- $8,500/month
- Hubbstaff to manage the VAs
- $39/month
- Shopify Transaction fees ( approx )
- $291/month
Sale Includes
Physical inventory
Logo and branding assets
All 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 sale
we 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.Domain
Product photos
All 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.Social media
Total followers4,200subscribersSuppliers
post 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.Mailing List
4,448subscribers
Seller‘s Advice
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)
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