- Avg. revenue /month$220
- Avg. sessions /month3,840
- Avg. profit /month$204
Why this business was started
Besides our physical store, we decided to start this online store due to the fact that online sales are increasing day by day and people would much rather buy things online from their homes and offices rather than physically going to shop for products in shops. Thus we created this online store which in couple of months should start selling in big numbers.
The reason of selling this business
Our main reason for selling this online store is due to the fact that we have 3 more websites which we are handling and the workload for us has become tremendous to maintain. Therefore we have decided to sell off this site in order for us to focus on our other sites as well as our physical store which is doing good now that we have ventured into the food business as well. So to mix up two different fields of business in 1 website just doesn't make sense.
What's involved in running this business
50% of the business is handled by OBERLO, and 95% is handled by us physically. Our products include local suppliers goods as well as goods from other countries.
Traffic and Performance
- Avg. revenue /month$220Verified
- Avg. sessions /month3,840Verified
- Avg. profit /month$204
- Profit Margin15%
- Avg. sales /month190
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsThe full works can be transferred via dropbox or email
Personal support after saleNot Included
Product photosThe full photo files can be transferred via dropbox or email or any means the buyer feels is suitable for them.
Social mediaNot Included
Mailing ListNot Included
How to grow this business
Our store has a physical location and has been open since 1994 and is running smoothly till date. This online store section of our shop started in september last year 2019 and we have successfully added nearly 2000 plus products to our site with good SEO descriptions. In the next 5 years our aim is to have 20000 products in our store and our turnover to increase by 60x
Skills to have
Even thought our company is based in Tanzania, our website can be edited to show another country of origin and the products can easily be edited to suit your countries demands. On top of that, we have integrated our site with OBERLO and have already set up hundreds of products and still keep adding, which makes it simple for the new owner to continue adding other products.
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.