I own a real estate development company and the pandemic slowed my business down significantly. I started this store with the idea of generating some extra income while on lockdown as well as just giving myself something productive to do in my free time. I chose this particular product as it is needed at this moment in time by people around the world. This store allowed me to make extra income and learn to be an entrepreneur.
The reason of selling this business
With lockdowns ending, my real estate business is picking back up rapidly. There's no way I can properly run this store while also working 12 hour days on my other business.
What's involved in running this business
First and foremost you're running facebook ads. From there you'll need to work with an agent who can stock and ship your orders as they come in. In addition there will be occasional customer service inquiries you'll need to tend to.
This business was founded:2 months ago
Time to run this business:approximately 7 hours per week
Traffic and Performance
Avg. revenue /month
$22,250
Verified
Avg. sessions /month8,294Verified
Avg. profit /month
$4,450
Profit Margin20%
Avg. sales /month450
Other details about profit:All revenue has been captured within Shopify.
Total revenue
$44,501
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
16,588Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Domain
$12
/year
Apps for email remarketing and other
$50
/month
Facebook ads
$34,000
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
We can do email or something like Google Drive
Personal support after sale
I'm happy to have calls with you to help explain the business. We can do an hour call once a week for the first month while you learn. Your success will make me very happy.
Domain
Product photos
We can do email or something like Google Drive
Social media
Not Included
Suppliers
I use Honest FulPhilment. They source my product from the factory and store it at their warehouse. They have an app connected to my website and they ship my orders as they come in. I will introduce you and help however needed to get you acquainted with them.
[REDACTED]
Mailing List
Not Included
Seller‘s Advice
How to grow this business
This store is pretty profitable as a one product store and the device will never really go out of style. If I ran the site long term I'd considering adding a few related sterile devices and making a brand out of it.
Skills to have
Needed skills are the same as other dropshipping or ecommerce stores. Running ads, customer service, and working with suppliers.
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.
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