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
40% of the business is handled by OBERLO, and 60% is handled by us physically. Our products include local supplieirs goods as well as goods from other countries(dropshipping).
This business was founded:about 1 year ago
Time to run this business:approximately 36 hours per week
Traffic and Performance
Avg. revenue /month
$76
Verified
Avg. sessions /month1,747Verified
Avg. profit /month
$37
Profit Margin100%
Avg. sales /month8
Other details about profit:We sell online and offline. The website seo descriptions are so beefed up that anywhere in the world, you can find the same products and sell without issues as google seo is strongly built. And if you wish, we can help you change the seo settings to be compatible to your country of sales.
Total revenue
$1,066
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
24,459Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$28
/month
Domain
$22
/year
Sale Includes
Physical inventory
Not Included
Logo and branding assets
The full works can be transferred via dropbox or email
Personal support after sale
Not Included
Domain
Product photos
The full photo files can be transferred via dropbox or email or any means the buyer feels is suitable for them.
Social media
Not Included
Suppliers
Not Included
Mailing List
Not Included
Seller‘s Advice
How to grow this business
Our store has a physical location and has been open since 1994 and is one of the top 20 medium scale companies in Tanzania. This online store section of our shop started in september last year 2019 and we have successfully added nearly 2000 products to our site with good SEO descriptions. In the next 5 years our aim is to have 10000 products in our store and our turnover to increase by 12x
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.
Share
KV
Kunal V.Current store owner
We are a company based in Tanzania selling various products. Our product lines include School and office stationary, Gift items, party decor, sporting goods, books, mobile covers, bags, personalized gifts, home appliances and many many more products.
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