All prices in USD
  • Avg. revenue /month
    $4,177
  • Avg. sessions /month3,943
  • Avg. profit /month
    $4,000

Business Story

Why this business was started

We saw a clear opportunity in the market with a rising trend for hair clips and wanted to capitalise with our skill set. We were fascinated with drop shipping and wanted to see whether it would actually work. To our surprise the store took off, we have a healthy 3.5k organic followers on Instagram (and growing by the hour!). We recently starting targeting hair salons and wholesaling clips which has been well received. The products are of good quality and easy to ship and capture for marketing content. Profit margins are high as cost price of products is low and being a drop shipper there is no overheads or holding stock. It is the perfect starter business really.

The reason of selling this business

My fiance and I both had ambitions to start our own business but we simply can't invest enough time given we have two other full time jobs and a mortgage. As much as we love this business and extra income, we are getting married soon and could benefit from selling the business.

What's involved in running this business

Customer service, ordering from suppers and running advertising campaigns.

This business was founded: 6 months ago
Time to run this business: approximately 12 hours per week

Traffic and Performance

  • Avg. revenue /month
    $4,177
    Verified
  • Avg. sessions /month3,943Verified
  • Avg. profit /month
    $4,000
  • Profit Margin70%
  • Avg. sales /month90
Other details about profit: We've pulled back a lot with advertising as we dont have the time to manage the store which is reflected in sales. With a refreshed home site and advertising campaign the store will flourish.
Total revenue
  • $20,886
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 19,716Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $10
      /year

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Can send a google drive with all the photos
    • Personal support after sale

      You'll have access to me via email for 28 days after sale; I am Facebook Accredited in social media advertising - priceless! We can show you how to drop ship, fulfil orders etc.
    • Domain

    • Product photos

      Can send a google drive with all the photos
    • Social media

      Total followers3,400subscribers
    • Suppliers

      Not Included
    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    Invest more into advertising across social and search. Spend more time on customer service and prospecting (especially wholesaling) Refresh the website to give it a more professional appeal Expand/export to outside Australia

    Skills to have

    Understand how to use Instagram and setup Facebook advertising Knowledge of the demographic, style and social would also be recommended

    MF
    Mark F.Current store owner
    I'm a marketing/advertising professional working for Facebook. I started this business as I saw a clear niche in the market for both B2C (consumer) and B2B (wholesale). The business has performed very strongly but needs focus with custom service, advertising and a website refresh. My fiance and I both work full time and simply don't have the time required to put into this. With a bit of love you could grow this easily and also expand outside Australia!

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.