All prices in USD
  • Avg. revenue /month
    $2,001
  • Avg. sessions /month1,851
  • Avg. profit /month
    $348

Business Story

Why this business was started

I have always had an interest and passion for ecommerce, and I wanted to create a beautiful store that would be a one-stop-shop for people. I was on maternity leave at the time and I wanted a side project I could focus on whilst being off work and being a Mum

The reason of selling this business

The business has huge growth potential, but I don’t have the time to commit to help grow it, but I don’t want the opportunity to be missed. I have family commitments that I need to focus on now.

What's involved in running this business

Social Media marketing management (paid advertising and pages), order fulfilment, customer service, and overall business management strategy. I have established relationship with suppliers and agents for streamlined order fulfilment, and I also have contacts that help run the social media advertising and also a freelancer that does the product uploading/descriptions/images.

This business was founded: almost 2 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,001
    Verified
  • Avg. sessions /month1,851Verified
  • Avg. profit /month
    $348
  • Profit Margin2%
  • Avg. sales /month70
Other details about profit: We have spent a lot of money on social media advertising on Google and Facebook, which has helped up build strong customer data and also a long customer list. The marketing costs have taken up a chunk of the profits, if the paid advertising costs are removed the business can operate at 45% profit,
Total revenue
  • $44,030
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 40,728Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Employees
      $7
      /month
    • Domain
      $14
      /year
    • Shopify Apps
      $47
      /month
    • Facbook & Google ads on an aggressive product testing month
      $2,800
      /month
    • GST
      $7
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Go Genie logo and brand, and graphics. Domain also included in the sale. Branded marketing videos for product and third party email hosting of go genie email address
    • Personal support after sale

      I will provide a full detailed handover of the entire business model and also make introductions to suppliers/agents and free lancers. I will provide full details of the most successful products, and hand over facebook ads manager and google ads data.
    • Domain

    • Product photos

      We have a folder with many branded product videos that can be used for marketing, and also many product images. These can all be sent across
    • Social media

      Total followers1,046subscribers
    • Suppliers

      Established agents for quick shipping and order fulfilment - various options
    • Mailing List

      1,233subscribers

    Seller‘s Advice

    How to grow this business

    The store has reached 43k revenue and 836 orders, across a variety of products with some best selling. You can use this beautifully presented store to test products across any niche to find winning products to scale, whilst generating consistent revenue.

    Continuing to add great new products to the existing niches, with a strong focus on remarking and driving organic traffic would be the best next steps to grow the business.

    Also, building on the already existing social media followers and driving traffic to those pages.

    Domain is also included in the sale price.

    SC
    Sarah- C.Current store owner
    I founded the Go Genie general store at the beginning of 2020. I wanted to sell quality products across a variety of niches and create a one-stop-shop for people to be able to buy fun or problem-solving products. I am based in Australia and I am a Mum to a toddler, and I also have a full-time job. I started this store when I was on maternity. We now have over 150 products on the store, each product has detailed descriptions with quality images, and some of the top selling products have GIF's and videos that can be used for social media.

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