All prices in USD
$15,000
  • Avg. revenue /month
    $49
  • Avg. sessions /month149
  • Avg. profit /month
    $50
  • Inventory value
    $25,000

Business Story

Why this business was started

I wanted to create a brain supplement that was organic, non habit forming and fast acting. A lot of nootropics have some of these elements but most do not have all of them. This product and its formula has gone through a lot of testing and works well when utilized.

The reason of selling this business

I underestimated the work load required to run this business successfully. I do not have the available time this business needs to grow it to where it should be. This is a great product that works well and I don't want it to go to waste because I don't have the time to put into it.

What's involved in running this business

I generate traffic to the site through online Nootropic communities such as Facebook Groups and Reddit/Sub Reddit groups. I also have a NootriQuest Facebook Group that has over 300 members that I utilize to advertise directly to the consumers and convert the traffic into sales. I offer potential customers free samples of the product in exchange for joining the facebook group. I use Shopify email to drive email campaigns and reach out to repeat customers to gain additional orders. I also have recently created and fully optimized an Amazon listing for this product to give customers another avenue to purchase from and convert additional sales.

This business was founded: 10 months ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $49
    Verified
  • Avg. sessions /month149Verified
  • Avg. profit /month
    $50
  • Inventory value
    $25,000
  • Profit Margin85%
  • Avg. sales /month1
Other details about profit: When I was working on this product more frequently back in April I was generating sales and people were genuinely interested in the product. Since then I have not had the time to dedicate to it and therefore sales have faltered. The per unit cost of this product is roughly $13/unit and it sells for $49.99 so the profit margins are quite high and you can make some money.
Total revenue
  • $444
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,344Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $20
      /year
    • Domain/Hosting - Paid For 1 Year Already
      $7
      /month
    • Phone Number
      $15
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I will email all logo and branding assets after the sale is completed.
    • Personal support after sale

      I will provide support and answers questions about the business and shopify for 30 days after the sale is complete.
    • Domain

    • Product photos

      I will email all product photos after the sale is completed.
    • Social media

      Total followers5,600subscribers
    • Suppliers

      Provide details and contact information of supplier as well as reaching out to supplier prior to the sale of the business to let them know a new owner is taking over.
    • Mailing List

      148subscribers

    Seller‘s Advice

    How to grow this business

    I would attach yourself to Nootropic communities and utilize influencers to gain traction for the business and create hype around the product. Be active in the health and multivitamin community. Also consider bringing the product into retail locations on consignment.

    Share

    BB
    Brad B.Current store owner

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