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Private listing #427244

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  • Avg. revenue /month
    $102,670
  • Avg. sessions /month119,063
  • Avg. profit /month
    $24,777
  • Inventory value
    $7,748

Business Story

Why this business was started

I decided to start this business because I love the products and use them every day along with my friends. They truly solve a problem and that is why customers love this brand so much.

The reason of selling this business

My goal with ecommerce has always been to make money so I can buy real estate. I am ready to sell this business so I can do exactly that. Then once I have no more capital to buy real estate, I will get another store going and repeat!

What's involved in running this business

The 4 things involved with running this brand are the following:

  1. Running ads - If you are not experienced with tiktok/snapchat ads, this is an easy skill to pick up. Both platforms are very similar and much easier to learn than facebook or google. I will also be happy to teach you my exact strategies on a video call.

  2. Creating video ads - You can do this yourself or use a number of agencies that specialize in making these video ads. I have one agency I have already vetted and will give you.

  3. Managing the customer support VA's - I have already setup in depth SOP's and trained the VA's so al you will be doing is answering their questions occasionally.

  4. Managing the supplier/3PL - I have amazing, all-in-one supply chain setup for this business. The supplier is also the owner of the 3rd party warehouse that stores inventory and ships product out to customers. All you need to do is place inventory orders through them when inventory gets low. You will also pay them a fulfillment fee for shipping products out to customers for each order after its placed (this cost is included in the P&L).

This business was founded: 9 months ago
Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. revenue /month
    $102,670
    Verified
  • Avg. sessions /month119,063Verified
  • Avg. profit /month
    $24,777
  • Inventory value
    $7,748
  • Profit Margin25%
  • Avg. sales /month2,287
Other details about profit: Lifetime revenue: $924,706 Lifetime expenses: $701,415 Lifetime net profit: $223,291 Lifetime profit margin: 24% Store age: 9 months old This stores P&L is very accurate. Perfect book keeping is extremely important to me when running a business
Total revenue
  • $924,032
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,071,568Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $1,930
      /month
    • Employees
      $890
      /month
    • Domain
      $14
      /year
    • All paid apps
      $635
      /month
    • Snapchat, Tiktok
      $33,750
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Assets: - Logo - 20+ Professionally filmed videos (lifestyle, educational, social proof) - 70+ professional lifestyle images - 30+ UGC videos - 30+ professional product page images Transferred with organized google drive folders
    • Personal support after sale

      I have sold stores before and will be happy to help you with everything needed for the transfer. I will also help you with running ads, managing inventory, etc. and answer any questions you have for 30 days after the sale. We can communicate through text, email, or video calls on zoom.
    • Domain

    • Product photos

      For each product, we have: - 4-10 professional white background product images - 7-20 professional lifestyle images - 4-10 professional composite images Transferred with organized google drive folders
    • Social media

    • Suppliers

      This store comes with an amazing supply chain. The supplier is also the owner of the 3rd party warehouse that stores inventory and ships product out to customers. This makes management of the supply chain very easy because you only have to communicate with one person. They are extremely honest, reliable, and have competitive pricing. I have used them with multiple businesses now but I had to go through many bad suppliers to find this one.
    • Mailing List

      22,387subscribers

    Seller‘s Advice

    How to grow this business

    How to grow the business:

    1. launch more products
    2. This is a niche store, which means you can keep launching more related products profitably. Up until now, the $674k in revenue has been from 3 main products but this is such a big niche that there are still so many more products to launch. Not only will this grow the business, but it makes it very consistent because you are not relying on a single product.

    3. Expand to more marketing channels

    4. Up until now, the sales have only come from running ads on two channels; tiktok and snapchat ads. By launching Facebook and google ads, you should be able to scale the sales up much more. This is especially the case with google because a big portion of sales are already from people finding the store organically on google.

    5. Take advantage of the customers lifetime value

    6. Customers love this brand and the store already has a 3.7% returning customer rate but this can be improved much more by launching more products for existing customers to buy, and improving the SMS/email marketing. I have not put much effort into these two channels and this store have a 30,000+ person customer list ready to be marketed to.

    Skills to have

    The only skill needed for this business is running tiktok and snapchat ads. This is a very easy skill to pick up and I can walk you through it and show you my strategies on a video call. You can also hire an ad agency to do it if you don't want to run the ads yourself.

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