- Avg. revenue /month$729
- Avg. sessions /month1,243
- Avg. profit /month$300
Why this business was started
I started this business as a side project to see if I could earn some money while studying. It taught be a lot about customer service, product sourcing and online sales/advertising. I was studying business at college so it made sense to set up my own. The skills I learnt was very valuable to me and I also got the opportunity to make some decent money on the side.
The reason of selling this business
I have decided to sell KyotoLondon because now I'm at university I do not have the time I used to have to invest into the KyotoLondon. I also feel I lack some of the marketing expertise required to make KyotoLondon really successful.
What's involved in running this business
The running of the business involves replying to emails, buying and shipping the products via a website and running the social media accounts. Marketing would also take up a big proportion of the running of the business.
KyotoLondon was created in October 2016 selling jackets, Yukata and other East Asian clothing. I started business as a side project which I worked on a few hours a week. Over time I generated over £21,000 in revenue with minimum intervention. I have advertised on reddit but most Ads are run through Facebook and Instagram. The business follows the drop shipping model and no actual inventory is stored. There is great potential in this business but I am busy with studies and don't have the time required to really fulfil it potential. Someone with better marketing expertise could easily make a lot of money with KyotoLondon. Currently on instagram we have over 600 followers but have been featured on some bigger accounts. Our emailing list contains 717 subscribers at the time of writing with around 68% engagement 23% of which are actively engaged and open most emails. This is why I believe with the right marketing this business could really take off.
Why should someone buy this store?
KyotoLondon is easy to run and has quite a niche market. With some more work and time committed it would easily attract its target audience. It has a good reputation and still generates sales when Ads aren't being run.
How can the future owner improve the business?
A future owner would need to focus on social media and marketing but further improvements could be made to support, new products and making the website more user friendly and easier to buy from.
What work have you put into the store?
I have put over two years work into this store. I have found many great products that are easy to sell and gained KyotoLondon a good reputation. When I had more time I was putting 4/5 hours a week into the store which generated me good profits. Nowadays I don't have much time and only spend a hour a week fulfilling orders.
Traffic and Performance
- Avg. revenue /month$729Verified
- Avg. sessions /month1,243Verified
- Avg. profit /month$300
- Profit Margin40%
- Avg. sales /month14
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsGiven the accounts and all data on the business
Personal support after saleI can provide support for 3 months after the sale. I will be available via email. There is a small learning curve since to learn how the drop shipping system works.
Product photosI will create a google drive folder which will contain everything
How to grow this business
I would invest more time into marketing and finding new products. I would also start holding inventories in US or UK to enable quicker shipping times.
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.