- Avg. revenue /month$9,355
- Avg. sessions /month15,196
- Avg. profit /month$4,700
Why this business was started
I've been working on Shopify stores for 5+ years now, Phylarch was a cumulation of knowledge and strategies I had been gathering throughout that time.
I seek to find and sell products that will sell, and the products listed on this store are just that. The designs have a wide range of audiences that they can be sold to and similar designs can be found on some other massive e-commerce brands.
I saw that trend and launched Phylarch in winter of 2017 and it took off. That year for Black Friday and Cyber Monday we hit $8,000 days so I thought would be a good time to list it so that the new owner could monetize on those opportunities.
The reason of selling this business
I simply don't have the time to work on Phylarch anymore but don't want to see it go to waste. I have numerous stores I'm working on but along with that am taking on new high level clients that I can't pass up on. This store's consistency makes me think that it'd be a perfect fit for many looking to acquire a great brand.
Phylarch is a seasonal brand, meaning it has its best times of the year in the Fall/Winter seasons. This is when we spend the most on our advertising and acquisition campaigns (as many well known brands do as well), because a positive ROI can be achieved on the front ending during late Q3 and 4.
With that in mind, and being that I just don't have the time to work on it, I thought now would be the perfect time for a new owner to take it over so that they may reap the benefits and potentially even make back their investment by the end of the quarter alone.
What's involved in running this business
An overview of the tasks involved are as follows:
• Order Fulfillment • Messaging Suppliers • PPC Advertising (if you want) • Execution of Influencer Marketing Strategies • Development of Strategy • Managing Employees
Traffic and Performance
- Avg. revenue /month$9,355Verified
- Avg. sessions /month15,196Verified
- Avg. profit /month$4,700
- Profit Margin30%
- Avg. sales /month295
- Shopify plan
- Email Marketing and Shopify Apps
Physical inventoryNot Included
Logo and branding assetsAll branding assets will be transferred in whatever way best suits the buyer.
Personal support after saleI will provide the new owner with a consulting package that I sell for $5,000 per month. This will include 4 separate 1 hour long calls spaced out over the course of a month.
Product photosAll photos will be transferred to the new owner in whatever way suits you best. This includes product photos and user testimonials and photography.
How to grow this business
How would you grow it?:
- More Influencers
- More PPC Advertising
- Great Email Marketing Systems
- Deeper Automation
- Better Branding
Skills to have
Basic marketing skills would be excellent of course but thats the beauty in taking over a proven store, you don't need to know as much as you would if you tried to build out everything on your own.
I'll be providing 4, one hour long each consulting calls after the purchase to help make sure the new owner is equipped with whatever they need to run the brand moving forward.
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.