- Avg. revenue /month$5,687
- Avg. sessions /month5,578
- Avg. profit /month$2,000
Why this business was started
I decided to start this fitness business as a hobby during quarantine. I'm a full time dental student, so I had a bunch of free time at home when COVID-19 was at its peak. This store went way beyond my expectations doing over $20,000 in sales in the last 2 months. I have scaled this business down and ended ad spends because I no longer have time to drop off packages at USPS everyday.
The reason of selling this business
It has been an extremely fun journey and seeing this store grow over time. However, clinics are open again and I want to focus on my professional career. I had a vision for this store and many great things planned. In order to execute these plans, it would take up too much time, and I am already in clinic most of the day. I want to focus on being a dentist first, and maybe I will start another store in the future after finishing school. I have stopped running ads on 8/15, which reflect the drop in profit and revenue.
What's involved in running this business
I designed this store from scratch, so there's not much to do in terms of that besides minor changes. I spent many hours making this store trusted by customers. I tried my best to make everything perfect. I planned to take more photos of my product, but that's about it. Most of the time involved in this business is spent fulfilling orders and replying to emails. I have great customer service for my customers, so I don't usually get complaints. My delivery time is fast as well (1-2 weeks), and my customers are very satisfied with the products
Traffic and Performance
- Avg. revenue /month$5,687Verified
- Avg. sessions /month5,578Verified
- Avg. profit /month$2,000
- Profit Margin33%
- Avg. sales /month200
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsI have all the files for the logo, which can be transferred to the buyer via email. I also have printed business cards for this store ($100 value). This can be mailed to the buyer.
Personal support after saleI'm willing to help buyer integrate into the system and training for 30 days. I can help from FB ads, to website customization, etc. I did everything myself, so I can train the buyer on any aspect of the store. I can help the buyer via phone or zoom calls.
Product photosI can transfer all the photos to buyer via email or any method that the buyer prefers
SuppliersI have a supplier that I can transfer to the buyer as well. We have a good deal right now, and I'm sure this can be transferred to the buyer.
How to grow this business
I started this store with a focus of branding it. I have already built a presence on Instagram. I have been approached by NFL players and UFC fighters that are interested in sponsorship. Messages can be found on the store IG account. I also have business cards made and ready to be shipped with the products.
I have been in talks with supplier to get customized logo on the product and the carry case as well. I already have the pricing for the next shipment, and I'm sure this deal can be transferred to the buyer.
Skills to have
The buyer should be basic skills needed for eCommerce, such as marketing, fulfilling orders, accounting, and good communication skills. Most of these tasks can be outsourced as well and done by someone else. It is very easy to hire someone to create advertisement contents, fulfill orders, and keeping track of the logs.
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.