- Avg. revenue /month$2,274
- Avg. sessions /month3,101
- Avg. profit /month$900
- Inventory value$5,000
Why this business was started
We started the business as part of an online competition in 2016. We also love natural products and wanted to find a deodorant that actually worked.
The reason of selling this business
We struggle to find the time to upkeep the business - send emails, post on social. We both have full-time jobs and a kid which takes up a lot of our time.
What's involved in running this business
You can make the product yourself - it takes about 2 hours to make 120 jars. Or you could outsource this - we can connect you with manufacturers. You can also choose to ship the product yourself, or get a 3rd party logisitcs company. We've done both and can provide recommendations.
Natural deodorant is quickly becoming a hot product. It's why Unilever recently acquired a business in this space and venture capitalists are rushing to invest in this industry. Also, finding the right product is the key to ecommerce instead of trying to sell something that everyone else is selling.
Get a unique product recipe with this purchase.
Why should someone buy this store?
The top 10 reasons to buy this business today:
1.This business makes money every day without us doing any marketing activities in the past 12 months. 2.Over 80% gross margin 3.30% of sales come from existing customers. This is a big challenge for most businesses today. 4.Our website conversaion rate is over 6%. 5.You get 10,000 + email newsletter subscribers who've subscribed over the past 2 years (all legitmate - they opted in for a discount code) 6.You get 5,000 + existing paying customers 7.Fully automated business - you can set it up so you pay the supplier who ships it to a 3rd party warehouse who then fulfills your orders. 8. There's a major opportunity for upsells and cross sells by introducing new products. 9.Completely unique product - this isn't a dropshipped product. We developed the formula and customers love it. 10.There's a massive opportunity with wholesale to small health food stores.
How can the future owner improve the business?
There's a few exciting opportunities. When we were actively marketing, the business would generate $10k-$20k/month. A new owner could continue infuencer marketing and include some paid facebook/instagram/tiktok/google shopping marketing. We will share our past strategies with the new owner.
If a new owner were to pursue more retail opportunities, possibly through a products distributor, the business could grow exponentially.
What work have you put into the store?
We put a lot of effort in the early days doing influencer collaborations and facebook ads - starting back in 2016. Since having our baby (and getting pregnant for that matter) we stopped putting time into the business. Not to mention all the money and time spent in R&D creating our formulas.
Traffic and Performance
- Avg. revenue /month$2,274Verified
- Avg. sessions /month3,101Verified
- Avg. profit /month$900
- Inventory value$5,000
- Profit Margin40%
- Avg. sales /month100
- Shopify plan
- Inventory warehouse
Logo and branding assetsWe will share everything in Google Drive
Personal support after saleWe will support for 3 months - one hour a week. We can support with marketing - sourcing products, manufacturing and customer service.
Product photosWe will share everything in Google Drive
SuppliersCurrently we make the product ourselves but we also have used great suppliers in the past.
How to grow this business
In the next 5 years - there's a big opportunity on TikTok with ads and organic. There's also a huge opportunity for wholesale. If you can introduce new products and increase the customer lifetime value - that would boost the revenue a lot.
Skills to have
Nothing required to be successful but a background in digital marketing, product development or sales would help.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
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.