- Avg. revenue /month$33
- Avg. sessions /month84
- Avg. profit /month$6
- Inventory value$7,000
Why this business was started
Starting in 2013, I decided to experiment with various ingredients in hopes of producing a formula that catered best to my clients' nuanced hair needs. The main concern was this: with so many different hair products on the market that in turn target countless individual hair types, women found it difficult to find one that restored hair vitality long-term. Through the feedback of my wonderful clients, and after several incarnations of natural ingredient blends, I finally created LRM. The Luminous Repair Masque truly lives up to its name. It is a hair multi-purpose hair conditioner that restores dry, color-treated and damaged hair and brings back vitality, fullness and shine. Most hair products tend to lose their effects on hair because of the hair's natural acclimatization. But LRM users find that not only does their hair feel drastically healthier after just one use, but it also maintains this look and feel for months after.
The reason of selling this business
A little over a year ago I got into Real Estate, besides that I also maintain a hair stylists clientele. My product company MOND™ has been pushed back third place of importance, I simply don't have the time to market the product. Even though we over 30 five star reviews on Amazon, the product needs marketing.
What's involved in running this business
LRM is sold primarily on Amazon, I also have a distributor in Amsterdam who sells the product there. Other than marketing and opening new accounts and supplying / replenish new products to Amazon and bookkeeping, there is not much more to do. It can certainly be run by one dedicated person.
Traffic and Performance
- Avg. revenue /month$33Verified
- Avg. sessions /month84Verified
- Avg. profit /month$6
- Inventory value$7,000
- Profit Margin5%
- Avg. sales /month6
- Shopify plan
- Inventory warehouse
Logo and branding assetsMOND™ Trademark, All promotional videos, photos, graphic designer contact info.
Personal support after saleI can provide assistance for 2 months after closing of sale. All marketing materials and graphics designer contact info etc. Suggestions as to where and how to market product.
Product photosInventory of approximately 7,000.-US Dollars - All photos pertaining to LRM.
Mailing ListNot Included
How to grow this business
I would invest more time and money into social media marketing, also contact hair salons throughout the US and open new accounts. Furthermore contact Salon Suppliers such a CosmoProf and Salon Essentials and Ulta. The product pricing is structured to be sold wholesale and retail and distributor pricing.
Skills to have
Social media marketing skills. Sales skills. Please don not ask us for our email address in order to make the deal outside of marketplace. All dealings are done within Shopify Marketplace.
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.