All prices in USD
$10,000
  • Avg. revenue /month
    $10,741
  • Avg. sessions /month11,062
  • Avg. profit /month
    $3,400
  • Inventory value
    $1,000

Business Story

Why this business was started

I started this business because there was a gap in the market for fitness products that allow you to have an intense workout from home, without having to go to the gym.

The product is now proven and used all around the world.

I loved the idea to building a recognisable brand, which is when GoBand™ was born.

The reason of selling this business

I have decided to sell this business because I have multiple projects that I am working on, which means, unfortunately, I don't have enough time to scale this business.

Shopify value the store at $97,000 but I am open to lower offers.

Building a professional store costs roughly $1000 including the time it took to build.

150 units in stock which retail at $35 each!

Tracking app built into the website.

The product is proven to sell, so no need to waste money testing ads.

Over 2500 strong email list from customers who have already purchased from the store and love the brand.

All assets are included logos, product images, videos, etc (Professionally produced product video for ads).

First come, first serve.

What's involved in running this business

To keep this business up and running, you need to run advertising campaigns, research new products, run social media profiles, run customer support, and fulfil orders that are made.

This business was founded: about 1 year ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $10,741
    Verified
  • Avg. sessions /month11,062Verified
  • Avg. profit /month
    $3,400
  • Inventory value
    $1,000
  • Profit Margin35%
  • Avg. sales /month280
Other details about profit: The profit could be even higher however due to the Covid-19 the shipping rates were increased. The main source of sales, are repeat customers, and Facebook / Instagram ads. The sales have recently been declining, because I have not have the time to scale Facebook ads.
Total revenue
  • $139,627
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 143,814Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $1
      /month
    • Domain
      $14
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I will upload all of the logo and branding asset files to google drive.

    • Personal support after sale

      I will give you all the support you need for three months. Add me on skype after buying the business, and send a message when you need something.

    • Domain

    • Product photos

      I will upload all of the product photos and videos to google drive.

    • Social media

      Total followers1,500subscribers

    • Suppliers

      We have an agent in china that sorts out all of the order processing, shipping, and they also source products. You will be introduced to our agent / supplier.

    • Mailing List

      2,844subscribers

    Seller‘s Advice

    How to grow this business

    You will receive all of our Facebook & Instagram ad content (Images & videos).

    I suggest putting some time into a YouTube channel to increase organic traffic and to build the brand.

    For example, you could create fitness based videos, create a workout series that uses the products we sell, etc.

    You could also work with social media influencers (YouTube, Instagram, TikTok) to grow the brand tenfold.

    Continuing to scale the FB, and Instagram ads will keep increasing the amount of sales that the store receives.

    If you purchase stock in wholesale, you can get a lower price which will increase profit margins.

    Eventually, I would hold stock and not dropship, but that is up to the buyer.

    I will also personally help you, should you need any extra help.

    Skills to have

    Social media management, to reply to customers and grow social profile.

    Order fulfilment, keep customers updated on where their orders are.

    Basic knowledge of Facebook ads is important to consistently increase sales.

    Content creation, I suggest creating a content strategy and regularly posting to YouTube, Facebook, and Instagram.

    You can hire a digital assistant to do a lot of this work for you.

    Share

    AB
    Anthony B.Current store owner
    Hello, I'm Anthony - An entrepreneur from England. Throughout the years I have built many websites, worked with many businesses, and built many of my own projects. By doing this, I have gained valuable skills and experience that have pushed me further in my career.

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