All prices in USD
  • Avg. revenue /month
    $58,437
  • Avg. sessions /month17,448
  • Avg. profit /month
    $26,140

Business Story

Why this business was started

When we started the business over 7 years ago, we were the only company in Canada to sell these products to the essential oil/DIY world. We catered to a distinct demographic that didn't have many options in Canada. Being essential oil users ourselves we knew there was a need for these products on Canadian soil as it was very frustrating that we could only get the bottles and accessories in the States, required to pay expensive shipping and customs fees on top of that. As essential oils became more popular, other stores started opening. We quickly became the largest online retailer in Canada in this market dominating the industry in Canada.

The reason of selling this business

Life has taken us in a different direction and we felt that it was the right time to pass our hard work onto a fresh new person that can give it their personal touch.

What's involved in running this business

Primarily an online shop. Ordering products from suppliers, both North American and overseas, fulfilling orders, marketing on social media platforms.

This business was founded: over 2 years ago
Time to run this business: approximately 40 hours per week

Traffic and Performance

  • Avg. revenue /month
    $58,437
    Verified
  • Avg. sessions /month17,448Verified
  • Avg. profit /month
    $26,140
  • Profit Margin44%
  • Avg. sales /month930
Other details about profit: Owners took salaries and we also had leased vehicles.
Total revenue
  • $1,811,557
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 540,918Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Domain
      $200
      /year
    • Mailchimp marketing newsletter, paid shopify apps
      $200
      /month
    • Social Media
      $100
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Digitally transferred
    • Personal support after sale

      We will provide 60 days of support via phone, email or zoom to assist with the transition.
    • Domain

    • Product photos

      Images will be transferred digitally
    • Social media

      Total followers20,000subscribers
    • Suppliers

      We will connect you with our trusted long term suppliers.
    • Mailing List

      10,000subscribers

    Seller‘s Advice

    How to grow this business

    Diversify by offering other products related to health and wellness. Limit the amount of variations of a SKU. Use a fulfillment centre and outsource customer service. This site is primarily dedicated to essential oil users and people who live a clean and healthy lifestyle.

    Skills to have

    An understanding of importing, picking, packing, shipping products. Managerial skills.

    Share

    TF
    Theresa F.Current store owner

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