- Avg. revenue /month$44,716
- Avg. sessions /month18,223
- Avg. profit /month$29,644
Why this business was started
I decided to start this business for fun with a close friend of mine. It turned out greater than it we thought, and unfortunately we do not have the time to manage this business at this rate.
The reason of selling this business
At the moment I am having 4 businesses, and do not unfourtonately have the time to manage one more.
What's involved in running this business
What you need to do is keeping an overview of the teams that are handling the store. If you wish to grow it more you need to put down time to do so. On top of that, as a owner, you need to keep things in place, solve problems that occur and so on.
- Order manager
- Content manager
- Ad team
Traffic and Performance
- Avg. revenue /month$44,716Verified
- Avg. sessions /month18,223Verified
- Avg. profit /month$29,644
- Profit Margin66%
- Avg. sales /month300
- Shopify plan
- Paid Shopify apps + Transaction fees
- Facebook ads
Physical inventoryNot Included
Logo and branding assetsWill be transferred as preferred and desired.
Personal support after saleI will help you out personally with one on one calls for two weeks. I will also be available on email/skype/messenger during these two weeks.
Product photosWill be transferred as preferred and desired.
How to grow this business
This business has been running for 3 months and made 191k $ in revenue, with 30% margins and a lot have not been tested. As it is a drop shipping business, we do not have any direct contact with the suppliers or do have any specific established suppliers we work with.
A lot of undiscovered opportunities for this business. Below is an example list of things to try that has not been tried:
- Google advertising
- Influencer Marketing
- Pinterest advertising
- YouTube advertising
- Upsells, down-sells, cross-sells
- Scaling internationally
Skills to have
If you want to earn the same amount of money it does today, and keep the revenue of what it is today, you barely have to work on it. We have automated the whole business. Perhaps you need to put 2-3 hours / week maximum at its current stage.
We have an ads team who are handling our ads, a virtual assistant who is handling orders and our customer service, last but not least a social media manager.
If you want to scale it and grow it further more, you need to put down the time you desire. The skills that is needed to do so is understanding how to grow a business and see it's potentials. Opening new opportunities.
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.