My family has a business and I started this to learn about the online side of sales and Advertisement. I thought this would be a good opportunity to learn and see how to gain customers and provide a great service online. Through this I was able to learn website design as well as incorporate some coding for custom pages.
The reason of selling this business
I am selling the business because I am moving on to another online store and don't have the time anymore to manage this site. As being the only person who was running the site it gets time consuming to run all aspects of the business and with this other project i wont have the time that this business needs.
What's involved in running this business
The most important thing to running this business is the Advertisement part of the business. The site its self is designed to make sales to customers, it just needs someone who knows how to advertise well on Facebook, IG and Google. Everything else that is needed is integrated into the site through the apps except the sell-up app which is up to the next owners preference.
This business was founded:8 months ago
Time to run this business:approximately 10 hours per week
Traffic and Performance
Avg. revenue /month
$1,967
Verified
Avg. sessions /month3,618Verified
Avg. profit /month
$700
Profit Margin33%
Avg. sales /month100
Other details about profit:The Profits were all strictly through the online store and some in person sales to friends and family.
Total revenue
$15,738
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
28,946Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$14
/year
after ship, ali express reviews
$43
/month
Facebook (depends on your knowlege and ad style)
$500
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
I am able to email the logos I have made for the website, there are only 3 variants. This also includes the data I have built up using facebooks ads, I will send over all the information I have collected ($17k worth)
Personal support after sale
Not Included
Domain
Product photos
All unique photos have been uploaded and are on the products at the moment
Social media
Total followers416subscribers
Suppliers
Not Included
Mailing List
573subscribers
Seller‘s Advice
How to grow this business
To grow the store over the next 5 years I would focus more on the marketing part of the store. The products will sell perfectly with well put together videos ads and the right ad copy that provides potential customers with a sense that they need the product.
Skills to have
The next owner should have the knowledge of how facebook ads and google ads work and how to implement them correctly.
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.
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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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