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MyWristTime.com - Wrist Accessories Dedication

mywristtime.com
  • Avg. revenue /month
    $649
  • Avg. sessions /month5,272
  • Avg. profit /month
    $153

Business Story

Why this business was started

Started MyWristTime.com in 2017 selling all watch related accessories. MWT is a fully functional website, ready to accept orders immediate after takeover. It is a full dropship website with no inventory required. Nearly 200 listed products with monthly sales averaging USD$1k plus. Profit is approx 25-30%. Includes database of 6823 customers. Sales largely comes from organic google search and repeat customers. Buyer for MWT website can look forward to expand further with more product offerings and sales channels.

The reason of selling this business

No time to carry on managing the business due to personal and work commitments.

What's involved in running this business

Product dropship management and adding new dropship product if wish to expand further. Fulfilling orders and place orders from dropship supplier. I have attached the sales revenue for the past few months from Nov 2021 to April 2022 with Jan 2022 the lowest as it is the month of Chinese New Year where majority drop shippers in China had 2 weeks holidays and therefore my store also stopped for 2 weeks. Profit margin is between 20-30% per sale depending on how much profit margin I set per product. The traffic are all organic with new and repeated buyers. I did spend approx. $150 on Google ad once before during the early days but I do not feel the cost was justified so I did not do anymore ads afterward.

This business was founded: over 4 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $649
    Verified
  • Avg. sessions /month5,272Verified
  • Avg. profit /month
    $153
  • Profit Margin25%
  • Avg. sales /month35
Other details about profit: Nearly 200 listed products with monthly sales averaging USD$1k plus. Profit is approx 25-30%. Includes database of 6823 customers. Sales largely comes from organic google search and repeat customers.
Total revenue
  • $36,996
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 300,513Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $19
      /year
    • Additional Apps Subscription
      $24
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Banner images sent via email.
    • Personal support after sale

      Support up to 30 days via email for any questions relating to the operation of MWT website and the transferring of domain mywristtime.com to new owner.
    • Domain

    • Product photos

      Product photos already in the website which will be available to new owner. Will not be removing them.
    • Social media

      Not Included
    • Suppliers

      All products have individual fulfilment website links through Oberlo based on dropship business. No product inventory required.
    • Mailing List

      6,823subscribers

    Seller‘s Advice

    How to grow this business

    Nearly 200 listed products with monthly sales averaging USD$1k plus. Profit is approx 25-30%. Sales largely comes from organic google search and repeat customers. Buyer for MWT website can look forward to expand further with more product offerings and sales channels.

    Sale includes Product Photos: Product photos already in the website which will be available to new owner. Will not be removing them.

    Suppliers: Product sourcing and fulfilment app Oberlo account will also be included in the sale which every product includes the dropship suppliers' product link for future order fulfillment.

    Mailing List: Includes mailing list database of 6823 customers. Will be given to new owner too.

    Social Account: There is no social account created for this website so new owner can also expand the business revenue further with social accounts.

    Skills to have

    Basic knowledge of Shopify store.

    SA
    Sam A.Current store owner
    Started MyWristTime.com in 2017 selling all watch related accessories. MWT is a fully functional website, ready to accept orders immediate after takeover. It is a full dropship website with no inventory required. Nearly 200 listed products with monthly sales averaging USD$1k plus. Profit is approx 25-30%. Includes database of 6823 customers. Sales largely comes from organic google search and repeat customers. Buyer for MWT website can look forward to expand further with more product offerings through dropship or physical and sales channels.

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