- Avg. revenue /month$2,208
- Avg. sessions /month5,985
- Avg. profit /month$800
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!
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.
Traffic and Performance
- Avg. revenue /month$2,208Verified
- Avg. sessions /month5,985Verified
- Avg. profit /month$800
- Profit Margin35%
- Avg. sales /month27
- Shopify plan
- Mailchimp, Paid Apps
- Google Shopping
Physical inventoryNot Included
Logo and branding assetsAvailable thru Dropbox
Personal support after sale7 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
Product photosAvailable thru Dropbox
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.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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.