All prices in USD
  • Avg. revenue /month
    $2,375
  • Avg. sessions /month2,362
  • Avg. profit /month
    $2,200
  • Inventory value
    $5,000

Business Story

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)

This business was founded: over 1 year ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,375
    Verified
  • Avg. sessions /month2,362Verified
  • Avg. profit /month
    $2,200
  • Inventory value
    $5,000
  • Profit Margin70%
  • Avg. sales /month100
Other details about profit: About 20% of the business is from retailers. The potential to make this the largest revenue generator. Currently distribute to 10 stores in Qld. We haven't spent much time on landing more retailers for the product. The margin in the product is huge.
Total revenue
  • $40,373
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 40,158Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $8
      /year
    • paid apps
      $8
      /month
    • Search Engine Optimisation
      $150
      /month
    • transaction costs on shopify 2%
      $20
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos, branding, design files, formulas, images will be transferred via email they are included in the sale.
    • Personal support after sale

      I 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.
    • Domain

    • Product photos

      All product images will be sent via email
    • Social media

      Total followers4,000subscribers
    • Suppliers

      I 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.
    • Mailing List

      2,000subscribers

    Seller‘s Advice

    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.

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    Daniel O.Current store owner
    Inhale Vapes is committed to offering a natural, herbal alternative to the vape industry. Unlike the synthetic ingredients and chemicals in most e-liquids we wanted to create a herbal, healthier alternative to nicotine, that still provided the user with a sensation. We are the only vape company in the world offering our herbal proprietary formula that we sell in disposable vapes and also in 10ml e-liquids. We sell a herbal calm, energy and women's balance vape in various flavours.

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