All prices in USD
  • Avg. revenue /month
    $2,208
  • Avg. sessions /month5,985
  • Avg. profit /month
    $800

Business Story

Why this business was started

SHOPIFY VALUATION: $25,740 - PRICED TO SELL FAST - $4750!!! THIS STORE GENERATES ~$500-$800 of NET PROFIT EVERY MONTH ON AUTO-PILOT!!!

LAST MONTH, MAY 2019 - We generated over $1100 in NET PROFIT! See Image!

***IMPORTANT to all prospective buyers: Online businesses are sold for 1 to 10 times multiple of their net profit. Feel free to Google this if in doubt. In the case of our store, assuming just $500/month profit, that's $6000/year in PROFIT (Sales are over $14,000). This means at the lowest end of the valuation range, this store is worth at least $6000. Shopify's valuation is $25k !! (See image!). So at $4750 this is an INCREDIBLE VALUE!!

If you think you can re-create what we have here for the same or less, here's some things to think about: 1. Email list of 5000+ subscribers. If you know anything about email list building, you will understand that it's very hard to get an email subscriber for less than $1. But we have figured out a way to get them for $0.50 and less. This means the email list ALONE, is worth no less than $2000. 2. 3000 Social Fans. Again, this cost $$ to generate. If you just assume $0.30/fan, this is worth $1000. 3. Facebook Pixel with $20,000+ worth of data. We have spent over $20,000 on Facebook and Instagram Ads and you get all this data, targeting and ad campaigns with the sale. This is worth at least another $2000. 4. Then there's the store itself. Let's say you can built it for just $750 with all the integrations and apps we have set up. 5. Lastly, there's the training we include with the sale. We are a certified FB partner so the training you will get from us on FB/Instagram ads is worth at least $1500.

If you do the quick math above, we are already at $7250 to re-create this, not to mention how much time it will take you to do that (opportunity cost - you're not making money while you're building the store).

Furthermore, you need to understand that for much less than the asking price, it's just easier to keep the store and collect a monthly check for $500-$800 because there's little effort needed to run the store.

So if you don't understand this - please move on to the next listing. Thank you!

About Me

I'm a watch collector and wanted to create a great place for other watch fans to be able to find unique but affordable chronographs and time keepers.

We've strive to find quality watches that are also unique and are going to make a statement for anyone wearing them.

We also wanted to create a great level of customer service similar to what you can expect when buying a watch for thousands of dollars.

We've been running the store on/off for the past year and have generated a list of over 6700 prospective buyers and generated over $51,000 worth of sales.

The reason of selling this business

We run a digital marketing agency and our business has grown significantly since we started this store and so we do not have the time to continue to grow and manage the store.

The store is ready for someone who has some experience in social media marketing to take it to the next level!

What's involved in running this business

This is a drop-ship business model so the main tasks are marketing and fulfillment with some customer service. Currently, the store requires just a few hours per week.

This business was founded: almost 2 years ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,208
    Verified
  • Avg. sessions /month5,985Verified
  • Avg. profit /month
    $800
  • Profit Margin35%
  • Avg. sales /month27
Other details about profit: An active email list is included which generates revenue on a regular basis through one-off campaigns. There's also an auto-responder series for any new subscribers that continues to engage the list with new product and is a regular generator of highly profitable revenue.
Total revenue
  • $50,787
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 137,671Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $12
      /year
    • Mailchimp, Paid Apps
      $150
      /month
    • Google Shopping
      $150
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Available thru Dropbox
    • Personal support after sale

      7 Days Training and Support We are including: - FB Ad account with a mature pixel - FB Fan Page (2500+ followers) - Instagram Page (550+ followers) - Pinterest Business Account - ShareAsale Account (289 Affiliates) (Cost $600 to set up - Included) - Oberlo Account - Domain and Customer Service Email - MailChimp Account With 5000+ subscribers and ongoing Automated Campaigns For 90 days - Supplier List
    • Domain

    • Product photos

      Available thru Dropbox
    • Social media

      Total followers3,000subscribers
    • Suppliers

    • Mailing List

      5,050subscribers

    Seller‘s Advice

    How to grow this business

    There are several ways to grow the business: 1. Expand product range to include other related products like Sunglasses, Belts and Accessories. Also expand the product range to include the same additional products for Women (more watches, handbags, jewelry, and even clothing). 2. Great opportunity to expand marketing to Pinterest and Google shopping Ads as well as YouTube. 3. Use Social Influences for marketing - that can be very powerful. 4. We have an affiliate program integrated to the store and over 300 hundreds affiliates - engage them more pro-actively to promote the store and products.

    Skills to have

    Ideally good knowledge of social media marketing and the drop-ship business model.

    Share

    RI
    Rephael I.Current store owner
    An experienced online marketer and entrepreneur for over 4 decades.

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