All prices in USD
  • Avg. revenue /month
    $15,826
  • Avg. sessions /month5,983
  • Avg. profit /month
    $10,000
  • Inventory value
    $7,000

Description

General description

Goodtur have become a known sport and outdoor brand in Norway, it's especially know for the Goodtur hammocks, cups and of course for the good prices. I started this store in April 2018 and had huge success with Fitness trackers. There after we decided to sell hammocks because the demand was big and the supply was low, which is still is and I know for sure this business is not over. The reason I need to let this store go is that I have a family business I have been lucky to take over.

Why should someone buy this store?

We built up a solid brand and people are liking it. The profit is extremely good and Norwegians buy a lot on the internet. They do not have a problem waiting the 2 weeks it takes with delivery, many customers return to us because of our good customer service and products.

We have a solid contact in China which the buyers of this site can use. He is running a huge company and can get anything you want with logos and everything, we have been very lucky to work with this guy. He also supply most of our products.

How can the future owner improve the business?

Smarter adds, different adds. I only did advertise on Facebook and Instagram, I did not use any specific targeting. I also have a deal with a smaller retail store that sells the hammock, of course you will take over that deal if interested.

What work have you put into the store?

Almost 1 year straight, I quit my job to work with this store. Long nights, days. It have been a trip and im proud of what I have created.

This business was founded: about 1 year ago
Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. revenue /month
    $15,826
    Verified
  • Avg. sessions /month5,983Verified
  • Avg. profit /month
    $10,000
  • Inventory value
    $7,000
  • Profit Margin60%
  • Avg. sales /month450

Other details about profit: If you run this business from outside Norway you dont have to pay VAT, which is 25%.

Total revenue
  • $205,737
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 77,787Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $10
      /month
    • Retail space rental
      $10
      /month
    • Domain
      $10
      /year
    • Facnook
      $400
      /month
    • Boxes to cups if you are considering selling the cups
      $50
      /month

    Sale Includes

    • Physical inventoryNot Included
    • Logo and branding assetsAll logos
    • Personal support after saleI will of course provide any help that is needed for it long it takes. Sometimes I will be busy but I will provide so much help im capable of.
    • DomainNot Included
    • Product photosMail or dropbox for best quality I guess will be best
    • Social mediaNot Included
    • SuppliersNot Included
    • Mailing list
      600subscribers

    Seller‘s Advice

    How to grow this business

    Business plan, which I did not have. Smarter ads, better deals with the facory. More storage in Norway since its much cheaper than drop shipping ( all my sales, besides cups is dropshipping).

    Skills to have

    If you never did a dropshipping business, I would have tested out a litte before buying a store like this, but its not impossible and I can assiste with training.

    Share

    EL
    Erik L.Current store owner
    Im a 28 year old Norwegian, educated helicopter instructor and an entrepreneur. I started reading about droppshipping early in my 20s and finally started my store last year. It have since been a big success and is actually one of Norways biggest dropshipping companys which I know of. I can see that it says Godtur with only one O, its officialy Goodtur.no. Im lucky enough to take over our family business, so I need to prioritize that and hope the new owner of this store will continue to grow it as I did!

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