All prices in USD

OctoFitness: High Quality Cheap Fitness Equipment

octofitness.com
$65,000
  • Avg. revenue /month
    $7,876
  • Avg. sessions /month16,309
  • Avg. profit /month
    $5,000

Business Story

Why this business was started

I started building the website back in May of 2020 after seeing a huge demand in fitness equipment , we started trading on September 11th of 2020 after waiting months for stock to arrive from our manufacturer; within 3 weeks it was all SOLD OUT!

The reason of selling this business

I think it's time someone takes this business to the next level and expands it widely. I have to sell this business as I'm holding it back from reaching it's full potential. It needs someone who can raise more capital for stock and someone who has more knowledge . Also I am looking to raise capital for a new business I would like to open.

What's involved in running this business

You will need to fulfil orders placed , order from suppliers (I will provide our current manufacturers details) in bulk and running advertising campaigns on Facebook to get the customers in. Marketing plays a huge role in this business.

This business was founded: over 1 year ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,876
    Verified
  • Avg. sessions /month16,309Verified
  • Avg. profit /month
    $5,000
  • Profit Margin40%
  • Avg. sales /month40
Other details about profit: We have high profit margins, on some products we make quadruple the cost of the products! Stock runs out within weeks once receiving it . Profit margins can be increased if purchasing higher volume of stock.
Total revenue
  • $126,018
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 260,958Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Domain
      $19
      /year
    • nofraud , gempages
      $50
      /month
    • Facebook
      $1,000
      /month
    • Photoshop , excel
      $20
      /month
    • Storage for stock
      $500
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      We have a registered trademark on the intellectual property office in the UK which can be transferred to you once purchase is complete.
    • Personal support after sale

      I will show you how to edit photos , edit/add/remove products from store , how to order shipments (stock) , how to arrange shipping (logistics) , how to fulfil orders for 2 weeks. Full support from 9-5pm GMT.
    • Domain

    • Product photos

      All product photos will be sent to you via email. Logo and banners will be sent to you via email.
    • Social media

      Total followers12,000subscribers
    • Suppliers

      The suppliers/manufacturers contact details will be sent to you , I will also notify them .
    • Mailing List

      1,183subscribers

    Seller‘s Advice

    How to grow this business

    I personally would invest more money into inventory and advertising (target private gyms) for bulk orders. Expand the business to Europe.

    Share

    HD
    Halil D.Current store owner

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