- Avg. revenue /month$6,270
- Avg. sessions /month7,590
- Avg. profit /month$2,000
- Inventory value$3,000
Why this business was started
I never really liked going to the gym, i have always preferred running around Finsbury park or cycling . During the pandemic, with the lockdown, i noticed a huge demand in home exercise equipment. With the time and knowledge to start a dropship store on Shopify, within weeks i identified a few set of products that were selling well on my trial page. I enquired on Alibaba and started importing them, and within 6 months the store transitioned from a dropship store to holding my stock, picking, packing and shipping my own products. Limitless Flex was born.
The reason of selling this business
Letting go of your business isn’t always easy. I have build this store from scratch , and every milestone was an achievement for me. I remember the day i had my £100 day, my £300 day and the big days were i sold £500. Unfortunately, I do not have the time and passion needed to take this business to the next level. Between my full time job, commuting to and from London, shipping packaging and posting these products, i feel all over the place. It is time to pass the dream onto someone else with a different vision and drive.
What's involved in running this business
-Fulfilling orders -Ordering stock from suppliers via Alibaba (main supplier's contact will be provided) -Researching potential products -Running social media pages -Running advertising campaigns -Customer Service for returns, and order status queries ( about 10 emails per day at the moment) - Updating the theme every now and then to make it more mobile friendly.
Traffic and Performance
- Avg. revenue /month$6,270Verified
- Avg. sessions /month7,590Verified
- Avg. profit /month$2,000
- Inventory value$3,000
- Profit Margin25%
- Avg. sales /month1,000
- Shopify plan
- Inventory warehouse
- Reviews application 'Google Shopping Feed by AdNabu' + Trackify (app to send tracking numbers to Paypal)
- Facebook and Google
- Virtual Office
Logo and branding assetsLogos, products pictures and videos will all be sent over via Microsoft SharePoint.
Personal support after saleThe support will cover (but not limited to) initial store setup, transfer of systems, transfer of assets, training, coaching surrounding customer retention, social media marketing to the best of my knowledge, etc. For the first month i will be happy to assist with the transfert of all the Google Ads accounts, Facebook accounts, and help guide with the fulfilment process, ordering from suppliers and how best to look after customers so that they return for more orders. This will be done via telephone calls, text messages and even Zooms calls where we can both share our screens to exchange ideas. During the first month, i am happy to commit to 10 hours a week, then for the second and third month 5 hours a week.
Product photosproducts pictures and videos will all be sent over via Microsoft SharePoint.
SuppliersI have ordered thousands of £ worth of products from the same supplier and built a very strong relationship with them. They ship quality products promptly and are very reliable even in times of disruptions.
How to grow this business
I would grow the store by putting more focus on Instagram, FB, and Tik Tok ads. They need better (professionally made video ads).I would also look into social media influencers, hire a SEO team to better the website ranking on Google. There is also definitely a market for the main Knee Brace product on Amazon.
Skills to have
I recommend social media marketing, and Facebook/Google ad skills. Also some background in customer care, returning customers are free.
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.