All prices in USD
  • Avg. revenue /month
    $1,163
  • Avg. sessions /month3,116
  • Avg. profit /month
    $686

Business Story

Why this business was started

I was interested in getting a dropshipping store as another stream of income. I thought it would be fun and give me some experience in business. I also really like stuffed animals so this seemed like a good fit for me.

The reason of selling this business

I also do some freelance bookkeeping. That has really been growing and I would rather focus more of my time there. I can make more money doing that and I know what I'm doing. I have learned a lot on this dropshipping journey, but I'm still not that great with SEO and online advertising. I'd rather focus my time on my true talents instead.

What's involved in running this business

Fulfilling customer orders on Oberlo and Aliexpress. Researching new products. Creating ads and social media posts.

This business was founded: over 2 years ago
Time to run this business: approximately 3 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,163
    Verified
  • Avg. sessions /month3,116Verified
  • Avg. profit /month
    $686
  • Profit Margin48%
  • Avg. sales /month100
Other details about profit: Products have about a 50% markup. Then you have $51 per year for the domain. Then $29 per month for Shopify subscription. The only other expenses you need to worry about is advertising and that amount is up to you. I also did pay $203 for a one year subscription to Minta. They make product videos for you and post on your social medias automatically. The subscription will end in August 2022. If someone purchases the store before then, I will let them keep the account or give them the money to have it if that isn't possible. ($16.92 per month).
Total revenue
  • $38,364
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 102,850Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $51
      /year

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      I will email the logo and some other images. I also have some Google docs that I use that I can send. They include how I determine pricing and a document where I have been researching sales and VAT tax. I also created a couple of videos for advertisements I can send.
    • Personal support after sale

      I will be happy to help or answer any questions you have after the sale. I can't help you with advertising or anything like that, but questions about previous orders, social media, or money, I will be happy to help. I have an accounting background so I would even be glad to help with your bookkeeping questions in order to get this store sold. I have researched quite a bit on sales and VAT tax. I have a document of my research and I would be happy to share my knowledge with you. I think that is one of the hardest things with dropshipping. Tax is complicated to understand. Disclaimer: You should always consult a licensed professional before making tax decisions. I offer my support for three months after the sale of the store. I would even be willing to help you get an accounting system in place and teach you how to use it. I use a free accounting software now where all you have to do is link your bank account and it will create financial statements for you. I would be willing to help you get set up there. The limits on that would need to be discussed further before the completion of the sale.
    • Domain

    • Product photos

      Not Included
    • Social media

      Total followers938subscribers
    • Suppliers

      I have a few stores that I follow on Aliexpress that I have found success with. I will let you know all of them.
    • Mailing List

      1,079subscribers

    Seller‘s Advice

    How to grow this business

    Focus more on advertising and SEO. Create some cool product videos and post on social media.

    Skills to have

    SEO, Google advertising, social media advertising

    MD
    Mayce D.Current store owner
    I have an accounting background and I have always wanted to have my own business. I have my hands in many different pies and I decided I wanted to try dropshipping. I have gained some valuable experience, but I am ready to move on from this venture and focus on something else. I am very open to offers.

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