• Avg. Revenue /month
    $2,917USD
  • Avg. Sessions /month3,992
  • Avg. Profit /month
    $1,100USD
  • Inventory value
    $30,000USD

Description

General description

Amazon for Customer Returns and Overstock. When retailers have inventory they need to move, GoOpenBox is able to price those items to sell quickly. They professionally inspect every item and get their customers the best deals! Built on a model of acquiring products that have been overstocked, returned, or received minor cosmetic damage to the packaging, GoOpenBox acquires that merchandise and offers it for sale through its e-commerce site at a significant savings compared to the original retail price.

Why should someone buy this store?

2015 sales $56,108.59, 2016 sales $56,937.81 2017 Owner focused on another business sales dropped $18,233. Store has been dormant for most of 2018. Visitors 2017 45,563 Sessions 47,947 Visitors 2016 73,118 Sessions 72,222

How can the future owner improve the business?

With a properly funded company and a strong advertising push the business can easily double and triple. Key pain points for current owner - warehousing, inventory management. Key profit points for current owner- profit margins on each sale are healthy. Inventory options are unlimited. Owner has direct accounts with most major retailers to purchase customer returns.

What work have you put into the store?

I completed all the design, seo, public relations, inventory systems. Website was a one owner show with support from his wife.

Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $2,917USD
    Verified
  • Avg. Sessions /month3,992Verified
  • Avg. Profit /month
    $1,100USD
  • Inventory value
    $30,000USD
  • Profit Margin55%
  • Avg. Sales /month30
Last 3 years revenue
$134,200USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
183,643Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $19USD
    /month
  • Inventory warehouse
    $1USD
    /month
  • Domain
    $0.83USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers2,000subscribers

Why buy a business on Exchange

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.