- Avg. revenue /month$1,535
- Avg. sessions /month1,527
- Avg. profit /month$500
Why this business was started
I wanted to start a business that would allow me to work from home or from anywhere in the world. I think dropshipping gives the most flexibility and potential for profit. I still believe this business can be very lucrative for someone who has the time to dedicate to make it successful.
The reason of selling this business
I am selling the business because I no longer need to work from anywhere in the world and I do not have the time required to continue running this business.
What's involved in running this business
- Customer service
- Website updates
- Creating purchase orders
This is an electric bicycle dropshipping store with unlimited potential. e-bikes are becoming very popular especially in urban areas with commuters and seniors. They provide the rider with "pedal assist" which is very helpful when riding uphill. They run on electric motors that are rechargeable and can go for hours. It has seven e-bike suppliers on board already. I will include a spreadsheet of dozens of more suppliers that I haven't had time to call yet to set up a dropshipping agreement with. You just need to do some advertising. This niche's products are high ticket items so your profit is high for each sale. A $1000 ebike will get you $250 profit on a 25% margin for example. All of my suppliers strictly enforce MAP so you know what your margins will be and you don't have to worry about being undersold by a competitor. This store has a Facebook page with well over 10k likes. This is important if you plan on doing Facebook advertising because it will lower the cost of ads. The value of having this many followers is extremely important and alone is worth the cost of this store. Many businesses run Facebook "like" campaigns to increase their page value and pay $4-$5 per like. Do the math, 10,000 likes is worth $40,000 to $50,000. I've lowered the price to a ridiculous low number because I am anxious to move on. I am selling this store because I don't have the time to put into it with product updates and advertising.
Why should someone buy this store?
If you are looking for a turnkey store that already has brand recognition and great reviews but just needs someone to put the time in for TLC, this is for you. The profit potential is as big as you want to make it.
How can the future owner improve the business?
To improve this business to its full potential, you will need to call additional suppliers and get them on board. I currently have 7 suppliers and will provide a spreadsheet of dozens more for you to call. All of the research has already been done. Tweaking Google ads to be more targeted to product specific keywords and having a larger ad budget. I was going to set up an account with a company called Logical Positions, but I decided to sell the store instead.
What work have you put into the store?
Customized logo Beautiful website design by Laura Kraly with a Shopify premium theme. Professional message for Grasshopper Grasshopper 800 number Well over 10,000 Facebook likes Clearsale fraud protection 200+ uploaded products Custom descriptions 17 suppliers All suppliers enforce MAP USA based suppliers Margins between 20-50% depending on the product and brand Proven niche Product and content pages have been optimized for conversion Facebook, Twitter and Instagram accounts are included
Traffic and Performance
- Avg. revenue /month$1,535Verified
- Avg. sessions /month1,527Verified
- Avg. profit /month$500
- Profit Margin25%
- Avg. sales /month2
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsBanner images, social media cover photos and accounts, advertisement graphics.
Personal support after saleNot Included
Product photosAll product photos that are already published on the site.
Mailing ListNot Included
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.