All prices in USD
  • Avg. revenue /month
    $1,248
  • Avg. sessions /month3,143
  • Avg. profit /month
    $411
  • Inventory value
    $1,000

Business Story

Why this business was started

As I travel a lot and always carry multiple devices with me, iPad, Laptop, Phone I became so frustrated with how annoying the standard cables were to use. They always get tangled are hard to store and easily break. Around a year ago me and my partner sat down and said there must be a better solution and after months of drawing up ideas we finally came up with the product you see today.

The reason of selling this business

I have decided to sell this business due to me having so many other commitments including my job I am unable to put the time I feel is needed to make this business make even more profits then it currently is.

What's involved in running this business

You would need to fulfil orders, order stock from suppliers which I will hand over all the details for straight away. Also required are running advertising campaigns, running social media and answering customers on the website. We already have a list of Social Media Influencers who are running commission based promotions with us who you should keep in contact with.

This business was founded: about 1 year ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,248
    Verified
  • Avg. sessions /month3,143Verified
  • Avg. profit /month
    $411
  • Inventory value
    $1,000
  • Profit Margin32%
  • Avg. sales /month80
Other details about profit: Apart from Shopify we also have a deal with an American company called stackcommerce. They also provide us with weekly content on well known sites such as Mashable, Boing Boing, iLounge, Cult Of Mac and many others. This also brings in an extra $400-800 usd per month.
Total revenue
  • $14,981
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 37,726Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $17
      /year
    • Loox - Photo Reviews, Currency Changer, Sufio Invoices
      $165
      /month
    • Facebook, Instagram
      $250
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I will send all our marketing and image rights to you. Most of it is already in the shopify system the rest I can send to you via mail.
    • Personal support after sale

      I will provide you support for 1 month in dealing with my supplier straight after to sale, you may also take some of my remaining stock left over at cost price. I will also help you in communicating with the influencers on social media, and will help if you had any questions regarding the product itself.
    • Domain

    • Product photos

      We own unique product photos which will also be given to you. Most of it is already in the shopify system the rest I can send to you via mail.
    • Social media

      Total followers1,700subscribers
    • Suppliers

      Will provide all details and costings
    • Mailing List

      550subscribers

    Seller‘s Advice

    How to grow this business

    The product speaks for itself. The reaction towards it's in just a few short months has been overwhelming. Unfortunately due to my commitments at my job I am unable to put the necessary time into social media and website promotions as I should be. Over the next 5 years I do truly believe this could become a massive business I would certainly recommend expanding the catalogue to our already large list of customers. I would also suggest keeping in contact with influencers and celebrities who have promoted us in the past such as.

    https://www.youtube.com/watch?v=j1wFsMBArR0&t=6s And many others which you can see on our Instagram page.

    Skills to have

    Have a good understanding of which phones require which connection type cables for when customers send chat requests.

    SL
    Simon L.Current store owner

    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.