All prices in USD
Sold

Private listing #689932

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  • Avg. revenue /month
    $69,676
  • Avg. sessions /month188,931
  • Avg. profit /month
    $10,000

Business Story

Why this business was started

Initially I was inspired by other successful swimwear brands like Cupshe. I wanted to get into the lucrative swimwear niche and also build an online brand. I've been dropshipping for a few years in other product categories, and found swimwear and fun and interesting niche. We've now achieved our goals hitting >$1M revenue in the first year of business.

The reason of selling this business

I am focusing on a new venture. It's been taking up a lot of my time, which I can no longer dedicate to the existing store.

Hoping to find a new owner you can grow the store into something even bigger.

What's involved in running this business

Day-to-day management of virtual assistants who manage: customer support, order fulfillment, finding new products, running ads, and other administrative tasks.

Also focusing on new strategies. Mainly: improving our ads, improving the website converion rate, & other new ways to grow the business.

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

Traffic and Performance

  • Avg. revenue /month
    $69,676
    Verified
  • Avg. sessions /month188,931Verified
  • Avg. profit /month
    $10,000
  • Profit Margin5%
  • Avg. sales /month12,000
Other details about profit: Profit varies month to month. Is dependant on managing: product costs, ad costs, virtual assistant costs, and finding new hit products for new revenue streams.
Total revenue
  • $1,254,174
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 3,400,762Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Employees
      $8,300
      /month
    • Domain
      $14
      /year
    • Facebook
      $75,000
      /month
    • Order Fulfillment
      $399
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Includes all assets. Will be transferred via a Google Doc.
    • Personal support after sale

      Will help out with training and offer continued support in an advisory role for 2 months after the sale to ensure success for you in this store.
    • Domain

    • Product photos

      See above.
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      52,777subscribers

    Seller‘s Advice

    How to grow this business

    • Paid Facebook ads and finding new hit products
    • SEO
    • Email marketing (haven't done any email this year)

    Skills to have

    • General understanding of dropshipping
    • Managing team of VAs
    • Some experience running Facebook ads or other ads

    Tags

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