All prices in USD
$15,000
  • Avg. revenue /month
    $1,096
  • Avg. sessions /month1,904
  • Avg. profit /month
    $1,000
  • Inventory value
    $10,000

Business Story

Why this business was started

To create an additional revenue stream for my family, and to learn about running an online retail store. After testing many products and samples, I settled on this particular niche - as I was able to create some unique products that could only be purchased from my store, therefore protecting my margins and offering a unique selling proposition.

The reason of selling this business

As stated above, I simply do not have the time to invest anymore. My main job has become increasingly demanding, and I am often required to be away for travel. This has impacted my ability to service orders and fulfill within desired lead-time of 24 hours.

What's involved in running this business

Orders are fulfilled manually from home office/workspace. Physical goods are stored in local warehouse/storage room, with small inventory kept at home. Additional products are sold through domestic and international dropshipping partners, so orders are transmitted electronically once received. Some time & attention is required to set-up and maintain any paid advertising campaigns eg Google, Facebook etc.

This business was founded: about 5 years ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,096
    Verified
  • Avg. sessions /month1,904Verified
  • Avg. profit /month
    $1,000
  • Inventory value
    $10,000
  • Profit Margin45%
  • Avg. sales /month72
Other details about profit: Approx AUD $5,000 revenue per month from all channels eg Shopify, eBay, Etsy, Amazon, and pother marketplaces.
Total revenue
  • $69,064
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 119,965Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $30
      /month
    • Inventory warehouse
      $400
      /month
    • Domain
      $15
      /year
    • Google & Facebook
      $1,100
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All images & assets will be transferred, using whatever delivery method is preferred by buyer.

    • Personal support after sale

      Happy to provide support to new owner(s) via phone/email for up to 6 months. Have thorough understanding of all aspects of this business, so can talk you through marketing, fulfillment, technical questions on website etc.

    • Domain

    • Product photos

      All images & assets will be transferred, using whatever delivery method is preferred by buyer.

    • Social media

      Total followers1,175subscribers

    • Suppliers

    • Mailing List

      1,065subscribers

    Seller‘s Advice

    How to grow this business

    I would definitely start by building out some automated email workflows and funnels. These always provide a great ROI, however to date this has all been manual/adhoc. I have simply not had time to develop automated processes.

    Skills to have

    Digital marketing would be a big plus, knowledge of Google & Facebook advertising etc. The business generates significant revenue through other online marketplaces without this however, so would not be mandatory.

    Share

    AM
    Andrew M.Current store owner
    I started this business and website in early 2017, after testing & selling many different products. I have always been interested in online retail, and was keen to supplement my main source of income - which was, and continues to be a full-time 9-5 job. This has been a valuable learning experience for me, however sadly I just do not have the time available anymore to drive results and maximise the potential of this site.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    Why use Exchange?

    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.