I decided to start this business because I ran into the evergreen niche of home appliances. I saw products that could have huge potential with using social media platforms to advertise them. The high level of automations that come with Dropshipping made it very appealing to me.
The reason of selling this business
I decided to sell my this business due to the fact that I have larger 6 figure e-commerce stores that need more of my attention. So i want to sell the store to someone that is starting out with E-commerce or already has experience and can use this store to generate more of an income.
What's involved in running this business
The main things that are involved in this business are order fulfillment, advertising on social media (I mainly did Facebook ads), customer service, picking out new skews and products for the future. (Both order fulfillment and customer service were outsourced via Va's).
This business was founded:9 months ago
Time to run this business:approximately 7 hours per week
Traffic and Performance
Avg. revenue /month
$5,297
Verified
Avg. sessions /month17,410Verified
Avg. profit /month
$2,333
Profit Margin17%
Avg. sales /month561
Other details about profit:The net profit for the store over the past 3 months is $7,000. That leaves the store with a 17% profit margin after all expenses including product cost, VA cost, advertising cost, shopify and shopify apps cost.
Total revenue
$47,676
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
156,694Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Domain
$13
/year
Paid apps via shopify
$100
/month
Facebook ads
$4,300
/month
VA's
$50
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
Logo and any product photos will be transferred via the shopify account.
Personal support after sale
I will personally include 4 30 minute phone calls which will be very helpful to any potential buyer due to my expertise in dropshipping and facebook ads.
Domain
Product photos
any product photos will be transferred via the shopify account.
Social media
Not Included
Suppliers
Not Included
Mailing List
4,000subscribers
Seller‘s Advice
How to grow this business
I would personally grow the business by implementing new skews, expanding out to different platforms of social media, and lastly hire an ad agency to run ads. I have grown this business strictly on facebook ads, so implementing different avenues and platforms would be a great way to grow this business.
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.
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