All prices in USD
$5,200
  • Avg. revenue /month
    $98
  • Avg. sessions /month173
  • Avg. profit /month
    $44
  • Inventory value
    $4,242

Business Story

Why this business was started

Firstly, I desired a business which meant I was my own boss, could control my work/life balance and of course the additional income. But on top of the obvious reasons above I have a strong pull to educate and raise awareness about how we can live more sustainably. I also wanted to share my beautiful experiences with yoga and how it has helped my life physically, mentally, emotionally and spiritually.

The reason of selling this business

My family is growing which has changed the path in life I was originally on when Raising Space began. I have an opportunity for a new business venture that will consume all of my time. Raising Space is not a lot of work but it needs dedication.

What's involved in running this business

Upkeep of website, eBay, Etsy and a third party online marketplace (if you decide to maintain). Regular appearance on social media, Instagram and Facebook. Currently we have some stock at a store in Brisbane (however this agreement will no longer be available with the sale of the business). I highly suggest keeping a blog or regular mail outs going. Adverting campaigns as deemed necessary. Fulfilling orders and organising shipping - happy to explain how we are currently doing all of the above.

This business was founded: about 3 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $98
    Verified
  • Avg. sessions /month173Verified
  • Avg. profit /month
    $44
  • Inventory value
    $4,242
  • Profit Margin65%
  • Avg. sales /month4
Other details about profit: A few things to consider with profit. We currently offer Afterpay which has fees included if utilised, same with Paypal and also Shopify. Some revenue is not reported in the stores performance. This can be due to cash sales, eBay sales not synced, Etsy and other forms of payment in person. Expenses for the month currently include a G Suite registration for email and Shopify fees
Total revenue
  • $3,625
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 6,424Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $31
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $110
      /year
    • G Suite Email Domain
      $8
      /month
    • Facebook
      $5
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Logo image (plus bonus Christmas logo). Social media images as requested - happy to transfer whatever is asked for but will be removing some of the personal posts if the new owner wants to 'rebrand'. Digital versions of product designs - all original designs.

    • Personal support after sale

      Currently there is a lot of 'me' on Raising Space. I am more than happy to offer after sale support for a maximum of 6 months and provide feedback, offer insight and train the new owner with everything i have done so far.

    • Domain

    • Product photos

      All product photos for 7 listings.

    • Social media

      Total followers380subscribers

    • Suppliers

      Not Included

    • Mailing List

      150subscribers

    Seller‘s Advice

    How to grow this business

    My initial plans and goals for Raising Space over the next five years included; developing product lines, adding more product designs, increasing exposure at local marketplaces, focusing on wholesale for yoga studios plus collaboration with businesses who align with the vision.

    Skills to have

    Knowledge of the products can all be communicated to the right owner. However I would suggest also having a passion and interest for yoga, fitness, meditation, and 'eco-living' in order to target the desired audience.

    Share

    AR
    Abbey R.Current store owner
    I am a strong business development professional who has worked in the sales industry for many years. A personal passion of mine is yoga, wellbeing and sustainable/eco living. This was the foundation Raising Space was built upon. This brand has developed incredibly over the past 2 years and has blossomed a beautiful vibe and loyal followers. I am about to begin a new business opportunity and my passion project Raising Space demands more attention then I can offer unfortunately.

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