All prices in USD

Private listing #303070

URL Hidden
$60,000
  • Avg. revenue /month
    $51,777
  • Avg. sessions /month43,312
  • Avg. profit /month
    $20,000
  • Inventory value
    $10,000

Business Story

Why this business was started

I decided to start this business because the entry level cost was so low and the reward was so high. I love the idea of being able to work wherever there is an internet connection. To be able to generate money in my sleep has always been a dream of mine.

The reason of selling this business

The reason i'm selling this business is because i'd like to take a break from the eCommerce world, and really discover the real world. Doing all the customer service myself really burnt me out. I wish I would have out sourced that from the beginning, but its difficult for me to trust people to do the job to my standards.

What's involved in running this business

  • Dealing with customer service logistic issues (now doing US fulfillment and that should drastically reduce the amount of inquiries)
  • Communicating with supplier to get more product
  • Watching videos on Youtube or networking with individuals through social media to expand knowledge
This business was founded: 10 months ago
Time to run this business: approximately 25 hours per week

Traffic and Performance

  • Avg. revenue /month
    $51,777
    Verified
  • Avg. sessions /month43,312Verified
  • Avg. profit /month
    $20,000
  • Inventory value
    $10,000
  • Profit Margin17%
  • Avg. sales /month1,500
Other details about profit: Profit margin should greatly increase due to fulfillment in the US. Shipping direct from China/Israel is extremely expensive.
Total revenue
  • $517,771
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 433,123Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $19
      /month
    • Inventory warehouse
      $100
      /month
    • Domain
      $20
      /year
    • Shopify Apps
      $100
      /month
    • Facebook
      $40,000
      /month
    • Fullfillment
      $250
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos were designed in Canva by me and can be sent direct via email

    • Personal support after sale

      I will personally provide 2 weeks of personal support to walk you through everything.

    • Domain

    • Product photos

      All photos were sourced from 3rd party websites and can be sent over via email.

    • Social media

    • Suppliers

      I have 3 suppliers I have personal relationships with. (1) Supplier Supports Drop shipping (2) Suppliers Support Purchasing In Bulk and fulfilling from within inside the US. One from China and one from Israel. If purchasing from Israel you dont have to pay import text.

    • Mailing List

      7,000subscribers

    Seller‘s Advice

    How to grow this business

    • More Color SKU's
    • Hiring VA for customer service issues (was doing them myself)
    • Website Revamp
    • White Label Branding
    • Branching out to different marketing outlets. Pintrest Ads | Google Ads
    • Custom packaging
    • Custom content

    Skills to have

    Basic knowledge of Facebook ads is the only thing i've used to scale this store.

    Share

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.