All prices in USD
$199
  • Avg. revenue /month
    $38
  • Avg. sessions /month245
  • Avg. profit /month
    $1

Business Story

Why this business was started

I was very annoyed that study books were always so expensive while you only use them for one course. Second-hand books are typcally still 80% of new price. Most students therefore (illegaly) download PDFs of the books and learn from that, or only use course slides. However, looking at a PC screen for a long time gives you bad eyes. That is why I now have glasses. Thus, I did a survey among 300 University of Technology Eindhoven students and 80% would wawnt to use cheap study books to rent if that was available.

The reason of selling this business

I am almost finished with my studies and got a full-time job. This job will approximately take 60-80 hours, thus I cannot really do anything besides it. In addition, I would like to focus 100% on my new job to make it a very big succes.

What's involved in running this business

All typical things for running a webshop, such as fulfilling orders, running advertising campaigns (online & offline), reaching out to customers & potential partners, customer support, site improvements, and social media. Besides, I also created some blogs to have more engagements on the side.

This business was founded: over 1 year ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $38
    Verified
  • Avg. sessions /month245Verified
  • Avg. profit /month
    $1
  • Profit Margin1%
  • Avg. sales /month4
Other details about profit: The profit is minimal since the webshop was still in the very early stages. When
Total revenue
  • $606
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 3,930Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $33
      /year
    • Multi Lingo & Custom Contact Forms - Smart Contact Form builder
      $12
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      A5 flyer design Multiple poster designs (A1 & A3) Logo (in png, favicon, PSD, EPS) A8 sticker (PDF & PSD) Round sticker (PDF & PSD) Chalk mall Social media cover photos, banner images, all images from site & facebook Explainer video They will be transfered via WeTransfer and are included with the store.
    • Personal support after sale

      I can provide you with initial support in the first month after sales to fine-tune the webiste to your new purpose. I can do this via google hangouts by going over your questions together, or via e-mail. What you prefer.
    • Domain

    • Product photos

      All product photos made (without 'wanted') will be transfered via WeTransfer. They are included with the store.
    • Social media

      Total followers49subscribers
    • Suppliers

      Not Included
    • Mailing List

      99subscribers

    Seller‘s Advice

    How to grow this business

    My business plan was as follows: I entered the University of Eindhoven as beachhead market. I wanted to reach a market size of 15-20% here before I would copy-paste my business model to the next university/city. The concept is non-location bound which makes it scalable. The market size can be reached fairly quickly by partnering up with key players in the market (for universities these are student affairs/student desk, university teams, green offices, study associations).

    My previous plan just came of the ground. I had a deal with the Go Green Office to hold events every quarter with them inj the ground floor of the main building. I saw that these kind of events created a lot of traction.

    I would suggest to focus on partnerships with key players from the start. It definetly helps you to build presence in the student lives!

    However, the business/site can also be used for other purposes fairly quickly.

    Skills to have

    You should have a business sense and entrepreneurial spirit, just like all other businesses. If you want to go for students as target market, then it is nice if you are also located in that city because it makes it easier to understand your market & partnering up with key players. I did the design of almost everthing myself. So have a sense of designing is good to have, otherwise it could cost you a fair bit.

    Share

    Hm
    Hessel m.Current store owner
    I am an entrepreneurial university student who likes to do new things. I am from Eindhoven, the Netherlands. My studies: BSc Industrial Engineering Management MSc Innovation Management (University of Technology Eindhoven) MSc Strategic Management: Consultancy (Tilburg University) I am almost finished with my 2 master studies.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.