- Avg. revenue /month$601
- Avg. sessions /month1,346
- Avg. profit /month$197
Why this business was started
The business was started as a general store but was soon pivoted into the highly specific barbershop niche. The Barbershop community is very large and global for which niche-specific accessories were not found elsewhere. Advertising for this niche was deemed easy due to Facebooks targeting options and the ability to grow a solid presence on Instagram.
The reason of selling this business
The main reason I've decided to sell this business I am currently 100% focused on a completely different venture, not e-commerce related. If I were really passionate about the Barbershop industry I think I might attempt to work on this project on the side but unfortunately I'm not really that into the area. When I have more time I'll definitely get into e-commerce again but most probably in a separate industry all together. I don't think it's a good idea to simply have this store sitting and waiting for me to work on it so I feel the most reasonable thing to do is to sell it and let someone else have a go with it instead.
What's involved in running this business
Fulfilling orders, ordering from suppliers, researching new product ideas, running advertising campaigns, etc.
Traffic and Performance
- Avg. revenue /month$601Verified
- Avg. sessions /month1,346Verified
- Avg. profit /month$197
- Profit Margin25%
- Avg. sales /month52
- Shopify plan
- Paid apps
Physical inventoryNot Included
Logo and branding assetsThe right to use the logo + all including pics will be transferred to the new owner.
Personal support after saleI will provide all necessary details and help for the new owner for up to 30 days post-sale. Communication conducted via Skype, email and/or Whatsapp.
Product photosAll product photos shown on site will be transferred.
How to grow this business
I would focus on growing traffic and strengthening the brand within the Barber & Stylist Communities. Working with strong and relevant IG influencers in the industry I'm sure would have some serious growth potential. Conversion rate is sitting steadily at about 2% which allows for secure revenue along with great upsell potential.
Skills to have
Basic drop-shipping skills required. Familiarity and knowledge of the Barbershop industry would be seen as a huge advantage when running this store. A Barber entrepreneur or anyone involved in the craft could have a very good eye when it comes to choosing the right way forward.
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.