- Avg. revenue /month$111
- Avg. sessions /month591
- Avg. profit /month$100
Why this business was started
Shopify Evaluation is $1245 Results for january is not included in the listing which is more than $400 in 1 week and ads has been stopped due to Chinese newyear. ( Check the uploaded image) NOVEMBERBEARD is a brand that provides bearded men with an unparalleled grooming experience through beautifully crafted, premium beard care products and Lifestyle products. With a, NOVEMBERBEARD's growth is exponential in this $21B+ industry in Last 2 months.
NOVEMBERBEARD was launched with one simple goal to achieve: to provide excellent beard care & grooming products for proud beardsmen. Our mission is to give men the pleasure of cultivating a beard and lifestyle that is healthier, and just plain better.
Instead of offering a huge catalog of Cheap products, we only offer a curated, select few with customer research in order to focus on quality, intention, and effectiveness.
Offer Details: You are purchasing not only this premium website, but are acquiring leads, followers and audience, social media accounts, customer base and most importantly the BRAND. This is a dropshipping store, which saves the hefty inventory and supply chain cost. This is a business built to last and grow with the trend of men's grooming (a 21 BILLION DOLLAR industry). Similar competitors produce $1M annual, and one competitor even makes $10M annual. You get the idea hopefully. This is a passionate niche which can be expanded to man lifestyle business. Our existing customers trust our brand, and once you can increase your reach, you can expect a high LTV per customer (since they need to keep purchasing products to maintain their beards).
The price listed accounts for all the labor, assets, customer base, and growth of this brand; the price listed does NOT just account for revenue/profit/sales. You are purchasing the brand and every single one of its assets. The profit margins are 66% to keep the business growing without cash crunch.
The reason of selling this business
I definitely feel this business model have a very high untapped potential with a high customer LTV and need some marketing budget to reach people. Due to higher studies and less budget I think it's better to find a perfect owner for this store. Who can get 100% benefits of this business model. You will get a premium domain worth $1000 and premium Shopify theme worth $200.
What's involved in running this business
The product listing of the well researched products has already been done. There are 2 Instagram page associated with the business with audience size of 3k+ and still counting. 90% off sales from Instagram and are almost free. No use of Instagram influencer which saves a lot of money. You can get the similar results if you want with less than $20 a month or can definitely expand with strategy which I can provide and using some marketing budget.
I have a good contact with all the suppliers which will be helpful for you.
Traffic and Performance
- Avg. revenue /month$111Verified
- Avg. sessions /month591Verified
- Avg. profit /month$100
- Profit Margin66%
- Avg. sales /month10
- Shopify plan
- Instagram automation
Physical inventoryNot Included
Logo and branding assetsUploaded in store. Will provide a png file.
Personal support after saleThe markstima strategy and ad strategy as long as required.
Product photosWill be transfer during the transition.
How to grow this business
I would have focused on Facebook ads and growing my Instagram.
Skills to have
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.