All prices in USD
  • Avg. revenue /month
    $1,095
  • Avg. sessions /month2,831
  • Avg. profit /month
    $1,000
  • Inventory value
    $100

Business Story

Why this business was started

I decided to start this business mostly as a side hustle in addition to my university work to earn some extra money. I took advantage of the popularity of certain products and from there things just went uphill and progressed till where we are now. The store is well over 2 years old now and has a strong following on Social Media.

The reason of selling this business

Like I said before I'm looking to give a bit more attention to my studies so I won't really have much time on my hands anymore to dedicate to the day to day running of the store. The business is priced to sell and is frankly a bargain considering it's potential. I plan to sell within 2 weeks and already I've already received a number of offers privately before this posting but I believe the business is worth more.

What's involved in running this business

It really does depend on you. I've at some point held inventory as it helps with fulfilling orders much quicker, but you may prefer the purely dropping style which is less stressful but delivery times are quite long in those cases. I can help with some of the supplier contacts that I have and you can be up and running in no time. Learning how to target ads is also really important. Everything else is all pretty much done already.

This business was founded: over 2 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,095
    Verified
  • Avg. sessions /month2,831Verified
  • Avg. profit /month
    $1,000
  • Inventory value
    $100
  • Profit Margin80%
  • Avg. sales /month50
Other details about profit: The average order per person is worth $25 and with on average 50 orders per month, subtracting ad expenses, monthly profits work out to be just over $1000 per month. The products have very high margins thus making the business very profitable. This includes sales made through alternative channels such as Facebook and instagram.
Total revenue
  • $35,047
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 90,592Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $35
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $20
      /year
    • MailChimp
      $96
      /month
    • Facebook Ads, Google ads and Social media influencers.
      $200
      /month
    • Godaddy
      $5
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logo and branding assets will be transferred directly to the buyer via email.
    • Personal support after sale

      I will be available for a month to assist with anything you need help with after the sale by email.
    • Domain

    • Product photos

      All product photos will be emailed to buyer.
    • Social media

      Total followers8,500subscribers
    • Suppliers

      I'll include the contacts for my supplier in the portfolio I'll be sending to you along with all other assets.
    • Mailing List

      9,595subscribers

    Seller‘s Advice

    How to grow this business

    I would just continue researching trendy products and adding them to the store also carry out some well targeted ads. Then scaling up is really straight forward. Our most successful method in addition to regular Facebook ads would be making use of social media influencers so as to build confidence in the brand.

    Skills to have

    Marketing skills are very important. Basic math. Attention to detail. Commitment and persistence.

    JE
    Joseph E.Current store owner
    I'm a student Currently in University. Looking to give a bit more attention to my studies so I won't really have much time on my hands anymore to dedicate to the day to day running of the store. I've really sweat it out maintaining the business on my own but I think it's time to hand it over to more able hands. I am willing to negotiate to a more mutually suitable price point if need be.

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