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$4,800 USD

Paddleboard & Surf

www.paddleboardandsurf.com

Appears in Sports and recreation , Established businesses, Nebraska, United States, Lincoln, Lincoln, Large Business, Business and Franchises under $5,000

General description

Paddle Board & Surf is a dropship retailer that specializes in Stand Up Paddle Boards and accessories. This store was launched April 2016 and the traffic is in the top 8% of stores launched the same week!

90% of the sales and traffic come from Google Adwords so there is room to grow other channels like Instagram and Facebook which are already set up and bringing in a little traffic.

We carry over 350 products from 15 suppliers and have another 150-200 that have yet to be added to the site. We also have two new suppliers that all you will need to do is fill out the paperwork and they carry about 75 boards which will help grow the business.

During the last 6 months I have only put in about 3-4 hours per week and the business is still averaging over $400 per month in profit. With a little work this store can easily profit a few thousand dollars per month.

Financials and traffic

This year we have averaged about a 10% profit but we are also offering a 10% off coupon. About 60% of the customers use the coupon so the margins could be higher if you take the coupon away.

Average profit/month

$428 USD

Average overall profit margin

10%

Average number of sales/month

26

Average Monthly revenue

$2,794.71 USD

Average Monthly traffic

1,133 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

We haven't tried to optimize adwords in a long time so with a little work the conversion/cost ratio could get a lot better.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$41.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$701.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Instagram

paddleboardandsurf

Pinterest

paddleboardandsurf

Twitter

paddleboardands

Mailing list

500 subscribers

Social media followers

300 people

Q & A

Why should someone buy this store?

This store is already profitable and takes very little time to manage. Fantastic opportunity to make income from anywhere in the world with this store.

Everything associated with this store is included in the purchase. Logos, Social Media accounts, Mailchimp account, Adwords...ect.

I am also offering 30 days of support after the sale. I will help you with the transition and any questions you have about running the business.

How can the future owner improve the business?

You can grow this store by adding new suppliers and growing social media. We have all the channels set up but haven't utilized them as much as we should have. Also, the new owner could attach email marketing with the 500 people we have on our list.

What work have you put into the store?

We have put in a lot of hours optimizing the store which has a 1.4% conversion rate this year. We have also created all the social media pages, set up abandoned cart emails that result in 30% recovery rate, built relationships with all of our suppliers and much more.

How many hours does it take to run this business per week?

4 hours

$4,800 USD

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