- Avg. revenue /month$2,375
- Avg. sessions /month2,362
- Avg. profit /month$2,200
- Inventory value$5,000
Why this business was started
We wanted to create a healthier alternative to the vape industry. Helping people quit smoking by offering them a safer alternative to nicotine vapes. the herbs also provide a calming sensation. Many customers that suffer from anxiety have told us how the product has helped them with symptoms. Our vapes contain no PG or nicotine.
The reason of selling this business
I have been focusing all my time into a new business, and i don't want to see this business fizz out. It was a good generator in May and June doing $16k per month and it did $8k in one week. the profit margins are very high. This is a great social media business as we have no competitors offering what we offer.
What's involved in running this business
Social media accounts. Emails. Speaking to the SEO team. Posting orders manually or if you end up setting up the fulfilment service this will free up a lot of time and make this business run completely automated (I will pass on details of np fulfilment in Australia)
Traffic and Performance
- Avg. revenue /month$2,375Verified
- Avg. sessions /month2,362Verified
- Avg. profit /month$2,200
- Inventory value$5,000
- Profit Margin70%
- Avg. sales /month100
- Shopify plan
- Inventory warehouse
- paid apps
- Search Engine Optimisation
- transaction costs on shopify 2%
Logo and branding assetsAll logos, branding, design files, formulas, images will be transferred via email they are included in the sale.
Personal support after saleI am happy to assist for 2 months after sale via email. I will run through everything with you for how to run the business. I will hand over all details, design files, social media accounts, email accounts, manufacturers, retailers, SEO company i use. All of this is included in the sale. Happy to help with any questions or support via email.
Product photosAll product images will be sent via email
SuppliersI will introduce you to the supplier and manufacturer of the goods. They have all the current design files and formulas on hand. However, i will be sending these to your email as well.
How to grow this business
I would increase social media marketing via influencers. Spend more on google adwords. Increase the spend on SEO per week (currently ranking on first 1 page in google for relevant keywords. happy to pass on my SEO agency details that i use). I would also explore international distributors. We have received interest from U.K, Brazil, Germany and the Middle East it is just about following up with these potential channels. We also have over 10 retailer stores that we distribute to in Australia. I would also spend more time generating more retailers. Currently the focus has only been on targeting Qld. If this business was given more marketing and a driver you could really go 10x on what its doing per month. We did $16k in 1 month in May 2019. I launched a new business and put my focus on that and have not been giving the energy to this business but the sales have still been ticking over. We receive sales from countries all over the world.
Skills to have
This site is extremely easy to run. Skills would include running social media, mail chimp email campaigns. Everything is straightforward. The manufacturer has the formulas, you simply tell them what you would like to order and pay them. I currently post the orders out manually but you could setup a fulfilment service where the product is held in a warehouse and posted out as the orders come in. This business is great for someone that wants to travel and can run the business online. This business is very easy to automate. I will pass on manufacturer details, the SEO agency i use that is outsourced that work very well for a fraction of the price of Australian companies.
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.