All prices in USD
$250,000
  • Avg. revenue /month
    $17,193
  • Avg. sessions /month38,062
  • Avg. profit /month
    $5,500
  • Inventory value
    $75,000

Business Story

Why this business was started

In 2015, there were no market player that sells premium lifestyle product online, we tried to copy the model of "Touch of Modern" from U.S. and "Citiesocial" from Taiwan, who are pioneer in respective countries to sell innovative and crowdfunded stuff. And then we became one of the pioneer in this industry, with multiple mentions in [REDACTED]

The reason of selling this business

We have established the business to our expected level, the next step of growth requires capital injection, we are not experienced enough to leverage the borrowed money to achieve another level with greater scale.

What's involved in running this business

Fulfilling orders, ordering from suppliers, running advertising campaigns, sourcing is established

  • This store has around 50-60 orders on pre-order that a new owner will need to take care of if they buy the store (with our assistance).
  • We will arrange with the buyer while negotiating the sale how the moneys received for the preorder sales will be sent to the new owner so that the items can be bought/produced when they are back in stock.
This business was founded: over 4 years ago
Time to run this business: approximately 50 hours per week

Traffic and Performance

  • Avg. revenue /month
    $17,193
    Verified
  • Avg. sessions /month38,062Verified
  • Avg. profit /month
    $5,500
  • Inventory value
    $75,000
  • Profit Margin30%
  • Avg. sales /month350
Other details about profit: The profit from wholesale and distribution channel are not included in the shopify store performance.
Total revenue
  • $876,818
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,941,183Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $1
      /month
    • Retail space rental
      $500
      /month
    • Employees
      $1,500
      /month
    • Domain
      $29
      /year
    • Shopify App, Mailchimp
      $105
      /month
    • Facebook marketing
      $3,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Company Logo and all graphics in our website. They are included with the store.
    • Personal support after sale

      3 months training of know-how on running this business, by email/phone or video meeting during office hour. Sourcing skills, customer service skill and marketing skill on running business smoothly.
    • Domain

    • Product photos

      They are included with the store.
    • Social media

    • Suppliers

      All supplier relationship
    • Mailing List

      14,000subscribers

    Seller‘s Advice

    How to grow this business

    Our company establised a matured operation procedure and product sourcing mechanism, with minimal workers required, we expect to have sustainable growth with sufficient capital support. The challenge is the rising advertising cost since more and more competitor joins this industries, but we have gained the pioneer movement advantage and the continuous grow will be easier with lesser advertising cost compared with a completely new startup.

    The elements that we are lack of and essential for the growth is the capital injection.

    Skills to have

    Customer Service Skill, digital marketing skill (can be outsourced), graphic design & website development skill (can be outsourced)

    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.