- Avg. revenue /month$10
- Avg. sessions /month543
- Avg. profit /month$7
Why this business was started
I first decided to start a business to teach my kids that if you have an idea it's possible to achieve it. We wanted to add an additional stream of income to our family to help improve our situation. Do some research, define your goals, and work to hit your goals. Look to others that have done this before, learn from their mistakes so that you don't make the same mistakes that others have made and shared. We initially found this basic business startup on exchange and have made many changes to improve the overall look and feel of the site.
The reason of selling this business
I simply don't have the time necessary to dedicate to this business. I am working two full time jobs and a family that all want my time. My teenage girls that initially spurred the venture have taken on more volunteering and jobs of their own limiting their time, I enjoyed the things I've learned in this venture. I would love to continue it or even do it again given more available time to dedicate to the business.
What's involved in running this business
Research new products, look for trends in the category and try to have a simple model. No need to over complicate the process. Find a good supplier, a good product with good margins, and make the product descriptions your own. I wanted to have transparency with my customers and let them know that the delivery time may on occasion be longer than normal in some cases.
Traffic and Performance
- Avg. revenue /month$10Verified
- Avg. sessions /month543Verified
- Avg. profit /month$7
- Profit Margin30%
- Avg. sales /month2
- Shopify plan
- Go Daddy
Physical inventoryNot Included
Logo and branding assetsAll logos, images, and branding will be transferred to the new owner via email or any other means
Personal support after saleI will help support the new owner during the transferring of the business and assist in getting the business transferred and up and running for the new owner. I will be available for 90 days
Product photosAll logos, images, and branding will be transferred to the new owner via email or any other means
How to grow this business
Owner can dedicate more time to the store and develop new promos and offers to draw more customers to the store. An owner that is keen with social media will be able to draw more customers to the site and turn them into buyers. The Store has over 15k visitors, great potential to grow the store.
Skills to have
Willingness to try new ideas, learn and apply these newly acquired skills. Try A/B testing to hone in on a good marketing plan.
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.