Previous store Next store

$5,000 USD

Prosaves

pro-saves.com

Appears in Gifts and collectibles , Printful stores for sale, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Print on demand, Medium Business, Business and Franchises under $5,000

General description

This store was created in early 2017. But at that time it was nowhere near launch. It took about 6 months till I started seriously advertising and promoting the store. So until September it was all just planning, preparing and figuring out what's the best strategy and the best theme, apps, products,...
In the end the store is a simple general store, it's user friendly and well structured. Nothing fancy, nothing complicated, I wanted to create a simple, fast and convenient shopping experience for my customer with a small mix of products without any specific niche.
The products are all from AliExpress and I use Oberlo too. My customer are impulsive buyer, they are mostly just focused on one single product and buy it very fast without checking any FAQ's or reading the about us part. Essentially they are very simple as long as you make them the buying process simple too.
So the store is just how I wanted it to be and it took me a long time to get it right. December was the best month and could have been a lot better if I wouldn't have run into liquidity problems. Unfortunately my bank raised the limit of my credit card just to a certain point. Given the fact that I am young too and don't have wealthy circumstances or a business model which fits their criteria they didn't want to raise the limit nor give my additional credit. I didn't want to use my own money from my personal bank account because I needed the money for other investments which I didn't want to affect. So I was forced to reduce promotion and advertising because I couldn't handle more sales. It was frustrating for me.
So January came, I managed to get more money to invest and I was ready to crush it. After 5 days into January I ran into the next problem. The bureaucracy of the Italian Republic is not a friend of drop shipping. The problem was that the vendor on AliExpress don't issue any invoice and the Italian state seems to have a problem with it, more specific the financial authorities. So in order to solve the problem, I had to pay a lot of money so my accountant was able to fix it so I won't get any troubles if authorities were to check my company.
That was the moment I knew that the business model was not suitable for my situation, mainly because of the high expenses for my accountant who had to adjust everything to overcome the bureaucratic nightmare of Italy for me.
So since mid January I didn't advertise anymore and just fulfilled the orders which were still coming in from alone. I thought about restarting again with someone from another country but now I want to sell it because I have other things going on in life which need my full attention.
So as long as you're not in Italy you won't have any problems and can enjoy a quite easy, passive income.
I want to point out that for some reason the store performance that Shopify provides automatically is not accurate. There are about $3000 in revenue missing. I've attached some screenshots.

Financials and traffic

Not many orders but Average Order Value is above $50. My goal was always to keep margins very high. I got to a point where on some products I made 75% profit but I figured out that by lowering the margins I was able to sell products cheaper than my competition and ultimately make more money. So insane margins are not always the best way.

Average profit/month

$500 USD

Average overall profit margin

35%

Average number of sales/month

50

Lifetime revenue

$12,262.00 USD

Lifetime traffic

30,091 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

Expenses can of course vary a depending on which apps you feel like are really necessary and on how much you are willing to spend on Facebook ads or advertising in general.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$100.00/month

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

$900.00/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

Facebook

prosaves.shop

Instagram

pro.saves

Mailing list

320 subscribers

Q & A

Why should someone buy this store?

If you're looking for a passive income with a manageable amount of work hours this is for you. If you have understanding for marketing and product research and are also ready to put in more hours you can easily scale it.

How can the future owner improve the business?

Work more on branding and customer relationship like utilizing the newsletter, Facebook and Instagram to engage more with (potential) customers.

What work have you put into the store?

I've put in a few months of work to get this store running. It was not easy and was very time consuming at the beginning. I had to choose the right theme, right products, good supplier, good marketing strategy,...
I hired a copywriter for some of the products, did some changes on the theme by myself and also by a developer. I've always wanted to have everything perfectly set up before launching the store. Eventually I figured to just start and it turned out to be quite good.

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

7 hours

$5,000 USD

Request information

Exchange Trust

Secure messaging platform

Only use our messaging system to send offer and communicate safely with the seller.

Protect yourself when buying

Exchange's payment flow provides enhanced security and protection when buying and selling stores to help avoid fraud. Here's why.

Ready to become a store owner?

Buying a store on Exchange? Make sure you contact Shopify Support to help you safely transfer ownership.

Contact seller