All prices in USD
$40,000
  • Avg. revenue /month
    $115
  • Avg. sessions /month453
  • Avg. profit /month
    $1
  • Inventory value
    $35,000

Business Story

Why this business was started

During Covid I was looking to start an online business in the automotive industry that was simple to operate, didn't have too many products to deal with, and had good gross profit margins.

The reason of selling this business

I was wanting to start the business as an alternative to my current employment. With the onset of Covid my job security was fast evaporating and I needed continuity of income. Everything is now set up and the 3PL warehouse is ready to roll, but my employers wanted me back and made me a great offer. This business will not take a lot of time to operate but you need to make the effort to do your marketing. From there on it should be a winner.

What's involved in running this business

Running the business will be pretty simple: 1-2 orders per year from 2 x suppliers of exclusively branded products. Fully automated sale process from POS on Shopify, and distribution by 3PL (third party logistics) warehouse. All products are in stock and ready to go. All it needs is some marketing.

This business was founded: 9 months ago
Time to run this business: approximately 6 hours per week

Traffic and Performance

  • Avg. revenue /month
    $115
    Verified
  • Avg. sessions /month453Verified
  • Avg. profit /month
    $1
  • Inventory value
    $35,000
  • Profit Margin20%
  • Avg. sales /month1
Other details about profit:  As stated, the business website was completed in November 2021, but no marketing has been applied, so any traffic to the site has been mainly organic. The only marketing has been some Instagram posts in November, then a single post in late June. No marketing budget has been allocated for reasons explained.
Total revenue
  • $1,033
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 4,081Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $506
      /month
    • Inventory warehouse
      $120
      /month
    • Domain
      $206
      /year
    • Google $18.48, Xero accounting $54.00
      $72
      /month
    • 3PL pick and pack + postage (per item)
      $4
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logo and artwork included in the sale price. A digital file with any and all logo and stationary artwork will be transferred to the new owner at settlement.

    • Personal support after sale

      2 months (more than enough time) to guide you through any operational queries, and make suggestions regarding marketing (if needed).

    • Domain

    • Product photos

      The complete photo library is included in the sale price. A digital file of all product shots and vehicle images will be provided at settlement.

    • Social media

      Total followers9,016subscribers

    • Suppliers

      Nice and simple. Only two suppliers to deal with. All details will be supplied at settlement but happy to discuss prior.

    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    Best way of growing the business in my opinion is to establish the brand with consistent advertising, regular posts on Instagram, and establishing page one Google ranking. Products are best available so no work needed there.

    Skills to have

    The owner should have good marketing skills in order to maximise the businesses potential Preferably some knowledge of Facebook and Instagram marketing in particular. Day to day is pretty much fully automated but you still need a working knowledge of how to run a business.

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    DT
    David T.Current store owner

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