- Avg. revenue /month$954
- Avg. sessions /month770
- Avg. profit /month$1
- Inventory value$400,000
Why this business was started
Easy to run, high profit margin, unlimited growth opportunity. ECommerce has made this business much more profitable than our old brick and mortar store without the employee hassles we used to have. I can run this business from home and work hours are flexible. It can be "turned off" while on vacation.
The reason of selling this business
I will be 71 years old this year and it is time for me to retire. I have been slowing down the past several years, putting in almost no time so sales are declining. I would love to see someone take this business to a higher level.
What's involved in running this business
purchasing overstock, surplus marine parts and accessories, marketing them on your own website and eBay and/or Amazon. Fulfilling orders.
I am retiring after 51 years in the marine business. I started a Shopify website as a "test" to see if what I had been doing with a brick and mortar store would be do-able as an online business. I also sell on eBay as "marinesurplus". As it turns out it is rather incredible, the two together are easily able to do several thousand in monthly sales with 70% to 80% gross margin working part time. This is with no advertising dollars whatsoever spent. I see other sites wasting huge amounts of money on Google ads etc.. This sale is perhaps a bit different than most as it includes many things that most do not. My sale price includes the following..... 1) Several domain names to protect owner brand, marinesurplus.com .net and others. 2) Shopify store as well as an eBay store with over 9,000 feedback (I have verified with eBay that this is transferable). Note: the sales figures shown do not include the eBay channel which exceeds the Shopify channel at this time. 3) Shipping, stocking and sales supplies of a few thousand dollars. 4) Inventory of approximately $400,000 I am sure there will be many questions, feel free to ask. firstname.lastname@example.org
Thank you, Walt Edson
Why should someone buy this store?
To be their own boss, work as hard as they want from home if they wish.
How can the future owner improve the business?
Expand inventory offered and possibly offer sales on additional platforms.
What work have you put into the store?
Set up, inventory listing, research, sales and pricing testing.
Traffic and Performance
- Avg. revenue /month$954Verified
- Avg. sessions /month770Verified
- Avg. profit /month$1
- Inventory value$400,000
- Profit Margin60%
- Avg. sales /month1
- Shopify plan
- Inventory warehouse
- paid apps
Logo and branding assetsNot Included
Personal support after saleNot Included
Product photosNot Included
Social mediaNot Included
Mailing ListNot Included
How to grow this business
This business is totally scale-able. It can be run from home or expanded to several employees over time. We have done as much as over half a million in sales per year. Run as a one person home based business sales should reach $100,000 plus per year with a gross profit of 70% to 80% working 25 to 30 hours a week.
Skills to have
Boating knowledge is helpful but not at all needed. I can provide the information needed to a buyer that will give him/her the necessary knowledge to be successful. Experience with eBay or other eCommerce venues would also be helpful.
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.