As an young entrepreneur I always wanted to start with online business. I came across selling on shopify and created few stores to test it out. With time came knowledge and I was able to turn a start up online business into a profitable business with my latest store. I have gained great knowledge from starting this business.
The reason of selling this business
I am selling this business because I have decided to start a new business in a different market, I will no longer be doing dropshipping hence I am selling this business. It does require time and attention as you have to monitor sales and ads which I unfortunately don't have the time for now.
What's involved in running this business
To run this business you have to fulfil orders, order from suppliers, and running advertising campaigns.
This business was founded:4 months ago
Time to run this business:approximately 15 hours per week
Traffic and Performance
Avg. revenue /month
$252
Verified
Avg. sessions /month868Verified
Avg. profit /month
$96
Profit Margin30%
Avg. sales /month30
Other details about profit:Only started doing ads for this store during the month of December and had over 30 sales. Store was opened from October.
Total revenue
$1,261
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
4,344Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$10
/year
Loox- Photo reviews
$29
/month
facebook Ads
$500
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
Logo and pictures will be transferred as well through email.
Personal support after sale
First month, I will provide any information and help needed to settle in. I will be very cooperative during the process of changing ownership.I will support first month, following the completion of the sale. We can discuss order management, supplier relationships, and the creation of Facebook ads. We can complete this over Skype or email.
Domain
Product photos
Product pictures, reviews, and ad videos will be provided through email.
Social media
Not Included
Suppliers
I will personally provide my supplier to the new owner and help get a relationship started. My supplier is very professional and easy to work with. They are happy to work with new owner as I already build a brand with them. Contact to supplier will be done through WhatsApp.
Mailing List
4,000subscribers
Seller‘s Advice
How to grow this business
This store has really great potential, as it already has customers and email list, just need to put in work on doing ads to grow the business even more. Also the business does not have social media, that is an area to really work in for future growth. Using more funds for ads can lead to more revenue.
Skills to have
You will need knowledge in running ads through google and facebook. I will provide guideline on how to run ads through email.
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.
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