• Avg. Revenue /month
    $3,016USD
  • Avg. Sessions /month3,871
  • Avg. Profit /month
    $1,500USD

Description

General description

A unique home decor and furnishings dropship store with a great niche - for those who want a modern, Rustic farmhouse style that don't want to filter out all the others. Mostly handmade and domestic products. Product assortment opportunity is endless. We do keep physical inventory for only one vendor (takes up about 10 square feet if laid flat) however no physical inventory is necessary for the remainder of the store.

Valuation is 1.5x projected 2018 revenue based on 2017 growth patterns.

Why should someone buy this store?

We do not do any paid advertising. Right now we have an email list of about 1,000 subscribers and a social media following of 16,000. We also sell a select few of our products on third party sites with Shopify's integrations.

How can the future owner improve the business?

Incorporate paid advertising and streamline the ordering process. You can see that our lowest month ever was October, which was because we had to return about $3,000 worth of back orders due to a glitch in the process. A learning curve that you won't have to deal with because the knowledge will be passed to you!

What work have you put into the store?

Built the branding, social media following, email list, loyalty program, website experience and product build-outs.

Traffic and Performance

  • Avg. Revenue /month
    $3,016USD
    Verified
  • Avg. Sessions /month3,871Verified
  • Avg. Profit /month
    $1,500USD
  • Profit Margin40%
  • Avg. Sales /month65

Other details about profit:Each type of item has a different profit margin, ranging from 30-60%. Our highest sales months were legitimate and we were selling via Amazon and Houzz, however decided not to sell on those platforms anymore as we didn’t have the bandwidth to handle all the orders.

Total revenue
$75,403USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
96,776Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $20USD
    /month
  • Domain
    $1.67USD
    /month
  • Subscriptions
    $20USD
    /month
  • Advertising
    $1USD
    /month
  • Software
    $30USD
    /month
  • Other
    $0USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

    Buyer will own all files created for logos and branding. Will be transferred via cloud.

  • Personal support after sale

    Will provide personal support up to 3 months post-sale.

  • Domain

  • Product photos

    Buyer will own all photos. Will be transferred via cloud.

  • Suppliers

    Not Included

  • Mailing list
    3,000subscribers
  • Social Media
    Total followers24,000subscribers

Seller‘s Advice

How to grow this business

Social media and SEO + Facebook and Pinterest ads

Skills to have

Nothing specific. Just relationship management with vendors.

Why buy a business on Exchange

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.