- Avg. Revenue /month$557USD
- Avg. Sessions /month2,687
- Avg. Profit /month$1,100USD
$4000 in sales!
I started this store about 2 and a half months ago because I definitely saw the swimwear industry lacking. Prices were greatly marked up and the quality of products were not up to par. I figured I can start my own business and the rest is history.
We started this store in July so you can ignore any of the data before that ( different store )
This store has done about $900 in sales in the first month. For the second month, it has done $1600 in sales. If you are looking for a turnkey store that guarantees $2000-3000 a month with not much research to do , this is the store for you. I do not spend any money on advertising. I want to reiterate that the store is doing this much in sales organically, without any advertising or work. Total sales so far is $4000. Profit margin is about 67-69%. I can send further verification if required or I can get into contact with Shopify/ Exchange support.
In the sale, I will also be including the winning products that I used in the beginning. We did about $200 in sales with one product in about a day before we moved to selling only swimsuits. I will include copies of the ad as well.
After talking to an expert listing manager at flippa, the store at the 12 month point will be valued at $18,000-$30,000 (I can verify this information)
I am including our Instagram account in the sale which is doing really great at the moment. We've gotten over 20k followers in our first month and are growing fast. The domain is also included.
Our customers love our products and there are over 100 individuals that are ready to post pictures on their instagram pages. Just give them a promotion code to advertise and I am sure sales will skyrocket.
I am dropshipping so no inventory is required to be held. Once an item is purchased, it ships directly from the supplier to the consumer.
Our email retargeting for abandoned carts has a success rate of about 8%.
Our profit margin is 68% when taking into account all of our sales on average.
Some things that the new owner can fix with the website are finding new suppliers, putting out advertisements, and teaming up with influencers. We haven't changed suppliers since the very beginning so our margins are not as good as they could be. Profit margins could be around 80-85% with the right suppliers. A new owner could also work on putting out advertisements for the apparel . Teaming up with a big Instagram influencer would bring about a big increase in sales. It would help with brand recognition and trust. Search engine optimization is also something that could be fixed.
Although summer is coming to an end in the U.S, our sales have been increasing everyday. I've found that this is because most of our customers are buying swimsuits to wear on vacation. We also sell worldwide, so there is always a market for our products.
One of my biggest ideas was that the brand could team up with a major celebrity or youtuber in exchange for offering the celebrity an equity stake in the company of around 10-20%. Sales would skyrocket with that endorsement but I have never gotten around to doing that.
The month of October yielded about $500 in sales. An individual with no intention of buying the store made us an offer and put the store in limbo for almost the whole month. We sold for about 3 days out of the whole month and so our sales for October is about $500.
Unfortunately, I don't have time to continue working on the store, I am going into my second year of college so I'll be pretty busy. I do want to talk to potential buyers before so that I can gauge if the store will be in good hands or not.
Upon purchase, I will be offering personal support where I can explain how exactly everything runs.
I'm willing to negotiate on the price. It is a good investment store because if sales are consistent at even $1000 a month, the store can easily be worth $16k to $24 in 12 months. After talking to an expert listing manager at flippa, the store at the 12 month point will be valued at $18,000-$30,000.
Based on our projections, the store can easily do $10k-$20k next summer. We also have a few products that we have taken off our store. They sold out quickly when we first put them on the store. We will be including that in the purchase as well.
Will be offering support after the purchase in the form of skype calls/ text messages so I can fully explain everything about the store
Willing to negotiate on the price. If you are even a little interested, send me a message :)
Reach out to me if you have any questions
Why should someone buy this store?
This store has sales and is proven to be making profits. All it needs is someone to run the store that can spend about 5-6 hours each week.
How can the future owner improve the business?
The future owner can do better with advertisements. I never spent any money on advertisements.
What work have you put into the store?
I have imported products, created an instagram, and set up ads. I also have trustworthy suppliers that I have been working with.
Traffic and Performance
- Avg. Revenue /month$557USDVerified
- Avg. Sessions /month2,687Verified
- Avg. Profit /month$1,100USD
- Profit Margin68%
- Avg. Sales /month50
- Shopify plan
Logo and branding assets
Personal support after sale
Social MediaTotal followers25,000subscribers
JessRunning this business for 7 months
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