Shoetup Shoes PET Products. Valued at over $50,000. Quit Your Job & Run a Shoe Empire!

Sold
shoetup.com
  • Avg. Revenue /month
    $6,567USD
  • Avg. Sessions /month7,733
  • Avg. Profit /month
    $4,000USD

Description

General description

I purchased this business 6 months ago and I love the business and its potential, but I don't have the time to even scratch the surface of its potential. Instead, it needs a capable and willing visionary owner who can devote the time it needs to turn it into a million dollar empire.

The customers absolutely love the products and are excited to share them with their friends. One recent post reached 182,000 people and had 5000+ comments. I can show the winner how easy it is to post something that will generate buzz.

This could be a hands-free business if you are happy with mere $5k-$6k a month. It needs to be developed like a real business. The previous owner had some months where sales were $40,000+. With over 2800, 100% unique designs to chose from, we have sneakers on almost every dog breed (cats and other animals too). It's a huge store built by professional graphic designers.

If you can't see the tremendous potential of this unique passion product business, it's probably not the business for you. If you do see the potential and want to build something spectacular, then you're at the right place.

Seller Interview

Please describe your business model

We sell a unique pet print product. After the customer places an order, the supplier prints the pet design on the item and ships to the customer. The entire process is automated. We sell shoes, totes, slip-ons, back packs, and watches.

Are you the original owner of the business? No

What are the main expenses of the business?

The supplier which accounts for about 40% of the revenue. Shopify fees

Are you including any social media accounts in the sale? Yes Facebook - 11,380 likes Twitter - 20,010 followers Instagram - 15,201 followers

Are there any email lists included in the sale? Yes, 2300 subscribers

What are the primary traffic sources of the site? Direct Social

We offer a passion product that customers love and therefore there is a lot of repeat and referral business as well as social media driven traffic and sales.

Have you done any Search Engine Optimization? Yes, there are over 1000 keywords that rank and many are on the 1st page of Google.

Have you experimented with any other sales / marketing initiatives? Facebook ads

How is the content of your website produced?

There are already over 2800 products and pages. The only new content is occasional blog posts written and posted by me.

How is customer support handled and what is the average volume?

Currently 2-3 emails per day, mostly inquiries on when orders will arrive as the delivery process can take 2-3 weeks.

Does the business store physical inventory? No inventory is kept. Products are print on demand shipped by the supplier who manufactures the products and prints our designs on them.

What is the average lead time from the order date until customer receives the good? 2-3 weeks

Explain your payment terms with your supplier(s)? Pay as you go with my credit card on file for each day's orders.

Are you willing to sign a 3-year non-compete contract in the industry that the website operates in?

Yes I am if the buyer requests one.

What are the primary growth opportunities for the business going forward?

Social media marketing, Facebook Ads, & Adwords ads to drive traffic and sales. Opening a retail store in malls and related offline places since customers love the products. The product sells itself so seeing it in person would surely grow sales. Offering a create your own design where the customers can have their own dog or cat printed on the shoes. We receive requests for such weekly. The template is already in place.

Are there any geographical limitations to the potential buyer of the business? No, there are no geographic limitations.

Why should someone buy this store?

See description notes

How can the future owner improve the business?

See notes above

What work have you put into the store?

See description

Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $6,567USD
    Verified
  • Avg. Sessions /month7,733Verified
  • Avg. Profit /month
    $4,000USD
  • Profit Margin33%
  • Avg. Sales /month100

Other details about profit:See description notes

Total revenue
$137,911USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
162,404Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $329USD
    /month
  • Domain
    $0.83USD
    /month

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

    Not Included

  • Mailing list
  • Social Media
    Total followers46,000subscribers

Why buy a business on Exchange

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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.