All prices in USD

Private listing #234844

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$500,000
  • Avg. revenue /month
    $167,661
  • Avg. sessions /month172,574
  • Avg. profit /month
    $28,597
  • Inventory value
    $2,000

Business Story

Why this business was started

Last year, I identified a new product from China with a lot of potential, that had not been branded in English speaking markets yet. So, I decided to create a brand around the product and launch it with Facebook ads. Since it is a one product brand, it is an easy business to operate, which I found convenient because I run many other businesses.

The reason of selling this business

Not passionate about the niche, and I'm working on other projects now. I am not paying enough attention to this business and therefore feel like I'm wasting the growth opportunities. I want to get an exit and pass the business off to someone more interested in growing it.

What's involved in running this business

Digital marketing (i.e. running Facebook ads, posting on social media channels, organizing sale events, marketing to existing customers...). Currently, I hire someone to produce content for the brand, and the main work I do is creating and testing different ads for Facebook using this content. The ads need active management for the business to thrive.

This business was founded: over 1 year ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $167,661
    Verified
  • Avg. sessions /month172,574Verified
  • Avg. profit /month
    $28,597
  • Inventory value
    $2,000
  • Profit Margin15%
  • Avg. sales /month10,895
Other details about profit: $2 million total sales, in less than 11 months. Total profit out of the $2 million is approx. $315k usd, including all expenses. All with one SKU.
Total revenue
  • $2,514,919
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 2,588,613Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $0
      /month
    • Employees
      $1
      /month
    • Domain
      $15
      /year
    • Shopify apps (approx.)
      $280
      /month
    • Mainly FB ads, some google ads (11 month average)
      $86,813
      /month
    • Virtual assistants
      $2,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Logo image, all content for ads (multiple dozens of videos by influencers and customers) will be transferred via Google Drive
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      Original product photos (including lifestyle photos) will be transferred via Drive
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      115,000subscribers

    Seller‘s Advice

    How to grow this business

    This is a one product business. I would list the product on Amazon and rank it for the brand name. The brand already has worldwide recognition, especially in US, UK, CA, AU, but it isn't listed on Amazon yet. I would also launch new products in the same category.

    Skills to have

    Digital marketing & ecommerce knowledge... Need to know how to run ads, or have a good agency to outsource it to. The ads need active management in order for the business to be consistent.

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