• Avg. Revenue /month
    $11,502USD
  • Avg. Sessions /month10,417
  • Avg. Profit /month
    $11,776USD
  • Inventory value
    $58,824USD

Description

General description

KORAH Beauty was created in January, 2017 with a clear vision to provide the latest trend in beauty & cosmetics at exclusive and affordable pricing that you cannot find elsewhere. We have taken the time to establish a strong social media presence that has helped significantly in increasing overall store traffic & sale conversions.

KORAH Beauty is currently for sale and will include: eCommerce site (powered by Shopify) - Facebook Account - Instagram Account - Youtube Account - Branding & domain(s) - Access to all files (i.e. logo design, colour guide etc.) - Email subscribers (currently 17000+ subscribers) - Transfer of all Google Adwords & Facebook Ad accounts - Inventory (shipped free of charge) - Total ownership of & everything relating to KORAH Beauty.

With over 23,000+ happy customers and 70+ products in-store, the last 15 months have been amazing in terms of interest and growth for KORAH Beauty, especially within the Australian market.

The last 15 months have brought in a total of $359,415.48 AUD ($272,490.88 USD) in terms of revenue, with a total of 237,304 unique online visitors to our store. We have accumulated a total of 12,000+ Facebook followers & 4.8 million Facebook video views. We also have a strong Instagram following with a total of 17,000+ active followers & high engagement on all our posts. Furthermore, there are a total of 17,335 email subscribers that receive promotional material and specials from KORAH Beauty.

KORAH Beauty has an extremely high in-store conversion ratio at 7.13% & KORAH Beauty has been placed in the top 1% for store traffic in comparison to other stores that launched within the same time frame on Shopify.

Our main source of marketing has been done through Facebook, Instagram & Google ads along with multiple social media influencer promotions that has created a strong customer base and social brand awareness that has allowed KORAH Beauty to really flourish in the relatively short time it's been active.

KORAH Beauty started out using a traditional business model (importing products & sending them out to customers myself via Australia Post) before transitioning to the Drop-shipping business model that is used in-store today. There is some inventory left that will be included and shipped out free of charge with the purchase of KORAH Beauty.

I would absolutely love to sell KORAH Beauty to someone who wishes to really nurture and continue growing the brand name as a lot of time & effort has been put in to get the store where it's at now. Please feel free to contact me with any questions you may have & keep in mind the price is negotiable.

Kind regards, Zhouwen

Why should someone buy this store?

KORAH Beauty is a successful online beauty store for sale with an extremely strong presence within the Australian market. We are a drop-shipping store, however we hold inventory from our past business model that will come free of charge with the purchase of this store. Almost all the items ship from manufacture directly to consumers. There is potential for massive growth, and I have successfully created and managed the store alone for the full duration of KORAH Beauty's life span - the store can be managed easily by a minimal amount of people.

How can the future owner improve the business?

Perhaps focusing more on social media presence. Lowering the product cost and offering a more competitive pricing by obtaining a closer relationship with suppliers. Also focus on expanding to the international market.

What work have you put into the store?

I single handedly started, designed and promoted KORAH Beauty starting January 2017. I have completely designed all my ads, designed the store interface, implemented all the products in-store for sale, collaborated with many worldwide social media influencers including Tammy Hembrow & others to create a strong customer base and online presence, especially within Australia.

Traffic and Performance

  • Avg. Revenue /month
    $11,502USD
    Verified
  • Avg. Sessions /month10,417Verified
  • Avg. Profit /month
    $11,776USD
  • Inventory value
    $58,824USD
  • Profit Margin78%
  • Avg. Sales /month1,197
Total revenue
$276,043USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
250,027Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $29USD
    /month
  • Domain
    $1.33USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers29,000subscribers

Why buy a business on Exchange

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.