- Avg. revenue /month$459
- Avg. sessions /month2,908
- Avg. profit /month$80
Why this business was started
I started my own record label and I needed an online platform to sell my merch because selling it at shows consumed too much time and energy. I also love graphic art and design so initially I designed my own merch and put out new material weekly. Now my fan base has grown significantly and I have a steady stream of orders on this [REDACTED] store (the one that I'm putting up for sale here). Ultimately, this store was built to satisfy customer/fan requests to sell merch and it has been growing since day one. This store is beginning to require more time and energy than I am willing to afford, which is a good problem to have if you want to turn a profit and have steady business and relationships with customer and supporters.
The reason of selling this business
I have decided to sell this business ([REDACTED]) to focus on my record label. Note: I am not selling my record label. I can no longer manage it all and the thought of hiring more people to help me run this business doesn't sit well with me, I'd rather sell it in its entirety and let someone new take over. Around the holidays we get flooded with orders, which is a great thing! The challenge here is that this business ([REDACTED]) needs someone's full time attention (perhaps a team) and I'd like to invest my energy into a new project. I put minimal hours into this store and often imagine the profitability if someone were to double down and put more time and investment into it. I started it with practically zero investment and have now launched a potential enterprise.
What's involved in running this business
I put in an average of 1-2 hours per day to currently run this business. I check my orders, I track shipping for some customers, and import new merch or find alternatives, I create header and welcome messages on my site, and that's about it. I often imagine how this business would scale if I hired more help, but currently the only outsourcing I do is sometimes I'll have an artist from Fiverr design something for me or I'll employ the Shopify App, "KIT" to run ads and/or business reports for me (which is also automated). Like any successful business, the main foundations in running this business are a genuine desire to serve customers and fans with quality products with solid customer service.
Traffic and Performance
- Avg. revenue /month$459Verified
- Avg. sessions /month2,908Verified
- Avg. profit /month$80
- Profit Margin18%
- Avg. sales /month15
- Shopify plan
- Privy Pop Ups, Zotabox (Welcome Header Bar)
Physical inventoryNot Included
Logo and branding assetsOwner will be granted full rights to my Jake Paul Circular Logo (black and white) image that I put on the bulk of my products, packaging slips, and product tags.
Personal support after saleNot Included
Product photosAll product photos are already on this site.
SuppliersI will supply the buyer with contact and login/account info for the following suppliers: Printful, Oberlo, AliExpress.
How to grow this business
This business is set up for dropshipping and I currently use apps to import products to my store such as Printful and Oberlo. To keep it running profitably, over the next 5 years I suggest importing products from Oberlo or a wholesaler to a local warehouse (such as Printul) so that orders may be fulfilled faster. This store gets a significant amount of organic traffic so the money saved on (not) needing to advertise heavily can be redirected toward the fees associated with having a USA or UK company fulfill orders. I also do a significant amount of business in the UK and Australia so I would reach out to companies there and ship my product(s) to warehouses there, again to speed up overall customer satisfaction. I would also consider adding fitness/boxing gear to this store, which has serious potential for growth and increased profit margins. I might also consider integrating this store with Amazon and/or Walmart.
Skills to have
We don't carry any physical inventory - All orders are fulfilled from a 3rd party (typically Printful or Oberlo). That means very little overhead costs for this business owner.
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.