All prices in USD
  • Avg. revenue /month
    $8,753
  • Avg. sessions /month2,074
  • Avg. profit /month
    $800
  • Inventory value
    $10,000
This business was founded: over 5 years ago
Time to run this business: approximately 4 hours per week

Description

General description

Online lighting retail business selling to home and business owners. We originally set the business up as a side interest between two friends. We developed the online store and the opening of accounts with some of the best LED lighting manufacturers and wholesalers in the UK including Aurora, V-TAC, Amitex and Stearn.

Why should someone buy this store?

The business has potential to grow vastly with time and effort which we frankly do not have having other business interests and careers. We thought, incorrectly, that we could run an online lighting business from afar, and now we have done the hard work with good supplier accounts, a good selection of products and with great organic google adword results, it is a ready made business to take to another level. However, this will only be realised with hard work and dedication or as an expansion to an existing highstreet lighting business.

How can the future owner improve the business?

The business needs continual updating with new products from existing suppliers. The supply chain needs expanding and there are many areas this can be achieved within the UK. The business could focus its target on particular markets, be it trade or public, and indeed when we did do this for a few days we did get a couple of customer accounts and high profit orders.

What work have you put into the store?

We have put many many hours into the store, finding suppliers, creating product lines and generally forming the business.

Traffic and Performance

  • Avg. revenue /month
    $8,753
    Verified
  • Avg. sessions /month2,074Verified
  • Avg. profit /month
    $800
  • Inventory value
    $10,000
  • Profit Margin15%
  • Avg. sales /month20
Other details about profit: The business broke into profit during our last financial year to 31/03/18. We have done little with the business over the last 12 months and will have broke even with a reduced turnover of approx £50K.
Last 4 years revenue
  • $498,944
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 4 years traffic
  • 118,249Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $130
      /month
    • Domain
      $70
      /year
    • Google Adwords
      $500
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Electronically
    • Personal support after sale

      We can provide a one off transfer of the business with training. This will be a single day.
    • Domain

    • Product photos

      Electronically
    • Social media

      Total followers1,251subscribers
    • Suppliers

    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    I have a career in another industry and in order to develop the business I would have to give this up which I would not be able to do or being honest have any interest in doing so. There is certainly potential with the business and a lot of the hard work and costs have been realised.

    Share

    ND
    Neil D.Current store owner

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