All prices in USD
  • Avg. revenue /month
    $14,700
  • Avg. sessions /month17,073
  • Avg. profit /month
    $3,255

Business Story

Why this business was started

I started this business because I wanted to challenge myself to make an online store run up. I personally have 2 other online businesses on other platforms. My research on Google Trends, Keywords and other sellers found out that this niche has a lot of potential. I also tested this niche because I wanted to test a high ticket product.

The reason of selling this business

The reason why i sell this store is because i simply do not have the time. I decided pivot to other business and focus ,Every day i have to deal with campaigns, products, customer service, and managing it all together is becoming too much for me. Because of this, I pulled back on our advertising and all of our sales come from email marketing and organic Facebook/Instagram posts. Hika Home is very profitable, and the sales potential is significant if we had the time. We proved this with our sales in 2020 and the beginning of 2021. However, it needs attention. It needs someone 100% dedicated to this business, otherwise it would remain at the same level, which for some may be fine

What's involved in running this business

Making this business work requires: - Order fulfillment - Social Media Marketing (Facebook and Instagram Ads) - Customer service (for customers) - Social management (Facebook/Instagram/Pinterest) - Image/video creation for advertisements or instagram posts - Email marketing. Suppliers -> Ship from China , two supplier , They work with been 2 years ,export the order out to excel file and send to them , they will full fill it and payment by end of the month .

You can liaise with suppliers in English, they will assist with any after sales issues as well. In addition to above, my store have priority shipping like FedEx ,DHL, the shipping will need to ensure with the supplier that the cost is reasonable and not eating profit very much, Taking into account that Products from China are cheap ,sometime the shipping can be very expensive.

This business was founded: over 2 years ago
Time to run this business: approximately 21 hours per week

Traffic and Performance

  • Avg. revenue /month
    $14,700
    Verified
  • Avg. sessions /month17,073Verified
  • Avg. profit /month
    $3,255
  • Profit Margin20%
  • Avg. sales /month50
Other details about profit: i received some client work from the hotel and request to helping to renew their hotel couch's , some client purchased 10 custom made covers some purchase 20 custom made .
Total revenue
  • $411,604
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 478,047Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • KLAVIYO ,BEST Currency Converter,BeProfit - Profit Anal,Loox Product Reviews & Photosytics
      $98
      /month
    • Facebook
      $3,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      I will upload all the file to Google drive
    • Personal support after sale

      We will support the buyer for 7 days. In things like: Fulfilling orders, Customer service, product development, advertising.
    • Domain

    • Product photos

      all products photos included on the site
    • Social media

      Total followers5,962subscribers
    • Suppliers

      I will transfer all our existing suppliers database to the new store owner
    • Mailing List

      4,665subscribers

    Seller‘s Advice

    How to grow this business

    This store has a lot of potential through different advertising channels. We used Facebook and worked for this store. Facebook worked more consistent with higher return and focus investing more on SEO to get more organic traffic to the store, it'll bring more sales and create the sustainable growth, also help reduce costs and the dependence on paid ads. -Working on finding more good local suppliers to have more diversified ranges of products to meet various customers' demand. -Research and buying exclusive products to create competitive advantage and increase sales -Focus on sourcing more furniture product lines which are compact, easy for transportation, smartly designed for small apartments and houses. These types of products will be dominant for online furniture market.

    Skills to have

    You will need to know how to cover fit the sofa and suggest customer with different material ,sizes and advice . The system for our store has been built and developed to be automated for most processes of the business operations. It won't require much experiences, time, efforts, knowledge and skills to run it everyday. We only recommend that you should learn more about online marketing and SEO so that you can work in house on advertising the brand and products most effectively with the least costs. It helps bring more sales, create stable sale revenue and reduce major expenses of outsourcing the job for marketing agencies. Doing that, you will get better profit for the business.

    NL
    Ng L.Current store owner
    Hi, my name is Sally. I own Hika Home. I have owned and operated Hika Home for close to 3 years. It has been a wild and fun ride! i passionate about building successful e-commerce stores. Although Hika Home has brought me a lot of joy, I am ready for our next adventure. Our hope is to find a new home for Hika Home!

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