- Avg. revenue /month$231
- Avg. sessions /month903
- Avg. profit /month$500
Why this business was started
Luvily was launched as a side gig to bring in some extra income on a monthly basis. I saw a general store as one that has major potential and is relatively easy to target. The store has grown rapidly over the three months it has been open; the store was launched at the end of February 2019. Customer acquisition is mostly driven through Facebook and Instagram advertising. The company has so far developed a very large and loyal following on Instagram (10K)
The reason of selling this business
I am an Aircraft Electrician & Environmental Specialist in the United States Air Force on Active Duty. I'm unable to dedicate enough time to grow this business. Currently, I'm only spending just the required time to keep the business going. I wish I could give my business all the time and the adequate budget it needs to grow but unfortunately, my six-year contract with the military and family of four don't leave me with much time to expand this business.
I truly believe that someone with the right intention, time and capital to invest can get more out of the business by investing more in ads than I currently do. There is a huge potential to expand the business and make a lot of money.
What's involved in running this business
Approximately 3-4 hours spent daily on managing the business including fulfilling orders (Fully automated system), handling customer inquiries, managing Facebook advertising campaigns & creating email marketing campaigns.
Traffic and Performance
- Avg. revenue /month$231Verified
- Avg. sessions /month903Verified
- Avg. profit /month$500
- Profit Margin58%
- Avg. sales /month46
- Shopify plan
- Paid Apps
Physical inventoryNot Included
Logo and branding assetsAll the website content, advertising materials, logos, banner images, etc. will be included with the sale. I have designed the entire website including all the logos and banners from scratch. Can be transferred according to the buyer's requirement.
Personal support after saleI will provide up to 20 hours of training on handling the business, day to day tasks, keeping up with marketing campaigns, adding new products, .etc
Product photosNot Included
How to grow this business
Invest more time into Facebook and Instagram ads, and scale our current advertisement budgets in order to increase our profits.
Skills to have
General SEO and commerce marketing. Knowledge of the industry and products can be learned/taught and I can provide much of this in my personal support for the sale. General knowledge of Shopify is also recommended.
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.