• Avg. Revenue /month
    $802USD
  • Avg. Sessions /month1,111
  • Avg. Profit /month
    $2,000USD
  • Inventory value
    $3,190USD

Description

General description

Overview: HighKey Camera is a camera accessory business selling stock and custom printed camera straps for photographers. It is located in Portland Oregon and was founded on May 21, 2009 by a group of professional photographers that studied at the Brooks Institute of Photography in Southern California. While the original owners did a great job of marketing and building a strong web presence, they did a poor job of business execution and maintaining the brand.
I took over HighKeyCamera in August 2014 with the intention of rebuilding customer trust, and focusing on professional photographers that want to market themselves. This was done with several key changes; • Clearly display the HighKeyCamera business under new ownership • Invest in equipment to do the printing process in-house • Built organic keywords for several 1st page google ranks • Reduce strap construction from >10 weeks to less than 2 days • Release an interactive, online strap design tool that is simple to use on the website • Respond to prior negative reviews online directed at the previous owner • Turnaround the Better Business Bureau rating from ‘F’ to ‘A+’ • Establish repeat wholesale accounts

Why should someone buy this store?

Business opportunities: While the current business focuses on custom camera straps, the business could quickly be expanded to include other custom printed merchandise such as: Binocular Straps, Guitar Straps, Pet Leashes etc. Also, expanding outlets beyond the website to Etsy and Amazon Handmade could provide significant additional exposure and revenue.

How can the future owner improve the business?
  • Add additional products (pet collars, guitar straps, binocular straps)
  • Additional selling outlets (Amazon Handmade)
What work have you put into the store?

• Clearly display the HighKeyCamera business under new ownership • Invest in equipment to do the printing process in-house • Built organic keywords for several 1st page google ranks • Reduce strap construction from >10 weeks to less than 2 days • Release an interactive, online strap design tool that is simple to use on the website • Respond to prior negative reviews online directed at the previous owner • Turnaround the Better Business Bureau rating from ‘F’ to ‘A+’ • Establish repeat wholesale accounts

Time to run this business: approximately 4 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $802USD
    Verified
  • Avg. Sessions /month1,111Verified
  • Avg. Profit /month
    $2,000USD
  • Inventory value
    $3,190USD
  • Profit Margin80%
  • Avg. Sales /month30

Other details about profit:High profit margin for a relatively low competitive market

Last 3 years revenue
$36,880USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
51,114Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $29USD
    /month
  • Domain
    $8.33USD
    /month
  • Online tool to develop proofs
    $29USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
    2,000subscribers
  • Social Media
    Total followers2,020subscribers

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.