I wanted to start something for passive source of income and got to know about dropshipping which requires very less day to day work. Only few hours a day are enought to generate profit. I researched for few weeks and decided to start a general store not a niche store, so that I can target a wide audience.
The reason of selling this business
After running the store successfully for few months, I got busy in personal and professional work.
Now I rarely get time to handle the store.
What's involved in running this business
My style of running business was very easy. All I did was put new products on my website every few days and every sale I got was because of SEO, traffic is totally organic.
I don't buy visitors from paid advertisement
After getting orders need to fulfill orders from aliexpress/ebay.
That's it.
This business was founded:about 1 year ago
Time to run this business:approximately 70 hours per week
Traffic and Performance
Avg. revenue /month
$105
Verified
Avg. sessions /month601Verified
Avg. profit /month
$100
Profit Margin50%
Avg. sales /month6
Other details about profit:Since I was spending money on advertising, I had more than 40% profit margin.
I focused on margin and organic traffic rather than spending money on fb advertisement.
Total revenue
$1,258
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
7,222Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
I will send you the logo and branding asset
Personal support after sale
Not Included
Domain
Not Included
Product photos
Product photos are already posted on the website, but still if you want I can email them to you
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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.
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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.
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