All prices in USD
$40,000
  • Avg. revenue /month
    $9,440
  • Avg. sessions /month1,223
  • Avg. profit /month
    $2,300

Business Story

Why this business was started

I started this business as a side project after identifying an opportunity that was not currently being maximised.

The reason of selling this business

I have returned to university and no longer have the time to focus my energy on the growth of the business.

What's involved in running this business

Essential tasks are: Contacting leads and customers regarding and questions the might have, placing orders with the distributor when sales are made.

Suggested tasks to maximise growth: Marketing activities, updating the store's stock levels to maintain congruence with total item availability within Australia, maintaining and growing a positive relationship with the Australian Distributor.

This business was founded: over 1 year ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $9,440
    Verified
  • Avg. sessions /month1,223Verified
  • Avg. profit /month
    $2,300
  • Profit Margin24%
  • Avg. sales /month6
Other details about profit: The average profit and orders provided is an average based off of the complete operational timeframe. This takes into consideration the period in which I returned to University and stopped putting time into growing the business. This heavily affects these averages negatively.
Total revenue
  • $160,482
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 20,795Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $200
      /year
    • Shopify apps
      $13
      /month

    Sale Includes

    • Physical inventory

      Not Included

    • Logo and branding assets

      Business logo. This is contained within the store website.

    • Personal support after sale

      Not Included

    • Domain

    • Product photos

      Product photos. These are contained within the store website

    • Social media

      Not Included

    • Suppliers

      The supplier will work with you to ensure correct product knowledge is obtained by yourself. The supplier has contacted our leads at times to help get the sale over the line for us. The supplier also likes to handle post sales issues such as warranty claims.

    • Mailing List

      1,138subscribers

    Seller‘s Advice

    How to grow this business

    Maintaining positive relationships with the Australian supplier is key. Through aggressive and consistent marketing, you will find the store will out perform the suppliers own direct to market sales.

    Skills to have

    People skills as the customers do like to receive a personalised service.

    Share

    SC
    Stephen C.Current store owner
    I am a full time worker and started this business as a side project. This business has been successful to date, providing a healthy return on investment. The site is currently low maintenance; however, I have returned to University and do not have the time to grow it as I was.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.