There was an oppoutinuty in the market to provide a consolidate active wear store for boutique Australian brands. There isnt many stores that offering high quality Australian brands all in one place. Over time we have built some great relationships with now over 30 Australian activewear brands and growing. There was a thought to one day take from only online into a bricks and mortar store.
The reason of selling this business
Reflecting on some recent changes in circumstances we are unable to dedicate effort to the stores continued success.
There is a great opportunity to enhance a well established business and take it to the next level
What's involved in running this business
Marketing and fulfilling orders. As a drop shipping business its more about process to ensure all orders are fulfilled. At the same time it allows you to get super creative with marketing in different areas.
This business was founded:over 1 year ago
Time to run this business:approximately 10 hours per week
Traffic and Performance
Avg. revenue /month
$3,147
Verified
Avg. sessions /month4,120Verified
Avg. profit /month
$800
Inventory value
$200
Profit Margin15%
Avg. sales /month100
Other details about profit:Since Jan 19 - approx 6k a month in sales per month
Total revenue
$59,796
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
78,280Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Inventory warehouse
$0
/month
Domain
$50
/year
Mailchimp
$30
/month
Facebook
$250
/month
Sale Includes
Physical inventory
Logo and branding assets
Logo and designs for own merchandise
Advertising assets utilised
transferred via email
Personal support after sale
We will provide assistance for up to 3 months after sale. this will be via email and will be explanation of process what worked for us and what didnt
Domain
Product photos
Newly released products from suppliers
Own product photos items
transferred via email
Social media
Total followers4,700subscribers
Suppliers
Not Included
Mailing List
2,500subscribers
Seller‘s Advice
How to grow this business
Options to either consolidate or add additional australian or international brands.
Potential to wholesale top selling items which will increase margins
Leverage from existing subscriber lists and facebook following to increase sales with targeted marketing.
Potential to use more platforms - eg snapchat
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.
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