All prices in USD
  • Avg. revenue /month
    $6,588
  • Avg. sessions /month6,851
  • Avg. profit /month
    $1,600
  • Inventory value
    $2,000

Business Story

Why this business was started

This business was started as an endeavour to become self-employed and took months of painstaking work, involving cataloguing of products, establishing communications with suppliers and warehouse agents to ensure a smooth journey.

Starting out with Drop-shipping allowed me to earn a decent amount of money while being independent from any jobs or bosses. After the store started out to be profitable i switched to ship in bulk to a US warehouse and brand my product with a logo.

I love the idea of being able to work anywhere i want, to be able to generate money during sleep, seeing all the order notifications in the morning when I wake up.

The reason of selling this business

I am ready to leave this in the hands of someone who is either experienced or non-experienced (will provide support for 2 weeks after take-over). I am moving on to a new business, will have less time and no longer need this business to supplement my income.

What's involved in running this business

You will have to handle daily inquiries via Facebook, Instagram and Email. The amount of inquiries depend on the current FB Ad-Spend and aggressiveness of the Ads. Also, dealing with customer service logistic issues. Since switching to a reliable US warehouse, the amount of inquiries has reduced a lot, while the sales increased with FB Ads targeted just to the US. There is potential in expanding to different advertising channels like most importantly Google Ads. And of course the communication with the Chinese supplier and the US warehouse to not run out of inventory.

It is important to outsource the customer service tasks, to be able to focus on the important stuff like running the Ad Campaigns which provide the profit and building and improving the Social Media Channels to generate organic traffic.

I will prepare for the take-over of my LLC via MyCompanyWorks, FB/IG channels, Shopify Store including Apps, warehouse (Shipbob) and domain.

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

Traffic and Performance

  • Avg. revenue /month
    $6,588
    Verified
  • Avg. sessions /month6,851Verified
  • Avg. profit /month
    $1,600
  • Inventory value
    $2,000
  • Profit Margin25%
  • Avg. sales /month200
Other details about profit: The biggest expense is advertising. There is an extremely good potential for growing the business if someone experienced in FB marketing is willing to take-over the business.
Total revenue
  • $98,827
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 102,769Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $49
      /month
    • Inventory warehouse
      $50
      /month
    • Domain
      $10
      /year
    • Apps (Reviews, Pricing, ...)
      $111
      /month
    • Facebook (Depending on Budget)
      $4,000
      /month
    • Fulfilment (Depending on Sales)
      $500
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos and branding assets will be transferred through cloud-services.

    • Personal support after sale

      I will provide guidance on how to run the business, including managing the supplier and warehouse, fulfilment and following up with customers for a period of up to 2 weeks after the hand-over.

    • Domain

    • Product photos

      All product photos in high resolution, watermarked & raw will be transferred through cloud-services.

    • Social media

      Total followers2,000subscribers

    • Suppliers

      Suppliers source and warehouse relationship to keep up the inventory.

    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    • Hiring VA for customer service tasks.
    • Compression gloves are already branded and custom packaged, expanding the product line to different compression clothing which is also in demand.
    • Expanding to different marketing channels (Google Ads, ...).
    • More custom content on website and social media.

    Skills to have

    Basics of running a Shopify store, knowledge in Facebook ads, being in touch with the supplier in China and the US warehouse, predicting the volume of orders and preparing content for ads & organic posts on IG & FB.

    JP
    Jan P.Current store owner
    I am an Electronics and Technical Information Technology Graduate from a Higher Technical College in Austria. I have also been taught very good skills and knowledge of Social Media Marketing and Business Management. Drafting up business plans, performing analytical and strategic decisions to ensure I quickly capture the market upon launch.

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