- Avg. revenue /month$806
- Avg. sessions /month1,161
- Avg. profit /month$739
- Inventory value$70,685
Why this business was started
Switzerland had very low quality tea and there were few options to find good quality loose leaf tea. Due to this lack of competition and the fact that people search out high quality items in Switzerland and are not so price conscious, I saw a gap in a growing market and decided to create my own tea store.
The reason of selling this business
We deeply believe in our little brand. We have a loyal following on Social Media and quality tea, health and mindfulness is a growing market in the US, Switzerland and UK. We are having to move to Asia to be closer to our families and as such will not be able to effectively grow the business whilst living in another continent.
What's involved in running this business
Answering customer queries. Orders are automatically sent to the warehouse and fulfilled. There is an opportunity to lower the costs of the business and fulfill the orders yourself as the warehouse is the most expensive cost we have. Completing wholesale orders to cafes and invoicing them. Social media posts. Blog posts. Growing the business by going direct to cafes. Google ads. Facebook ads and posts. Managing stock levels and ordering from suppliers. Monthly newsletters. Quarterly VAT submissions. Yearly tax submission. 5 hours a week on keeping the business running, more if you are to visit and prospect at cafes and businesses, accelerate marketing and social media presence if you want to grow the business.
Traffic and Performance
- Avg. revenue /month$806Verified
- Avg. sessions /month1,161Verified
- Avg. profit /month$739
- Inventory value$70,685
- Profit Margin45%
- Avg. sales /month21
- Shopify plan
- Inventory warehouse
- Shopify apps
- Facebook ads, Transaction costs
Logo and branding assetsBoth the Switzerland shop (teaura.ch) and the UK/Global shop ([REDACTED]) All domains (teaura.ch, [REDACTED], [REDACTED], [REDACTED], [REDACTED], [REDACTED].uk) High quality logo in various formats. All google ads listings. Wholesale brochures. Social media accounts (Instagram - 17.6k followers, Facebook - 5.6k followers, Twitter) All teaware and teabags and loose leaf tea. Note this is all in the 2 warehouses, so you can either continue to stock the items from the warehouse, or have them delivered to another location. Tèaura branded linen bags. Great Taste awards awarded us 1 star for our Organic Rooibos and Jasmine Dragon Pearls and the coveted 2 stars for our High Mountain Dragonwell.
Personal support after saleWe will provide training on all the teas and products and will be available for any questions customers have. We will also guide you on what the growth areas are currently and what to expand on (e.g. tea subscription box)
Product photosHigh quality product photos of each product and many personal images for social media posts.
How to grow this business
-Tea Subscription box - this is a growing area in the UK and a new interest in Switzerland. We already have custom designed tags and linen bags along with photos, so this could be implemented very quickly. A premium box could be offered, a single regular tea (green tea box/black tea box/mixed tea box) and also a starter set for the first order with tea infuser or teapot (premium box).
Partner with a coffee roaster in Switzerland and UK. The coffee roaster will then agree to distribute the high quality tea along with their coffee for a percentage of the profits. We are already in talks with a roaster in London to do this and have potential for collaboration with MAME in Switzerland as they are planning to start roasting their own coffee and we have a good relationship with them.
Grow presence on Pinterest. This is an untapped area for tea and could do very well indeed, considering once you post a set of photos they remain there and increase in SEO (unlike Instagram or Facebook where people will only look at teh most recent photos)
Partner with yoga studios offering tea with yoga sessions. This works very well as it fits into the mindfulness aspect of tea as well as health and you have a good target demographic with the people who like yoga.
Target more cafes in both Switzerland and the UK and grow the B2B side. People are recognizing that good quality tea provides a lot more flavour and a different experience and cafes, whilst they have focused on excellent coffee are now trending towards buying better quality tea to retain customers.
Ramp up the number of blogs produced, newsletters sent and social media posts to improve SEO and attract more organic searches.
Adjust Google ads and Facebook ads to use the high performing ones.
Attend more markets in both Switzerland and the UK to grow customer awareness and brand awareness.
-Increase SEO by increasing no. of interesting and relevant blog articles, establish collaborations and partnerships with different marketplaces, platforms, micro-influencers as well as other brands (lifestyle, other artisanal food & drink brands).
Skills to have
Tea knowledge would be advantagous but not essential as we can teach you everything you need to know about every tea and what the most popular ones are.
It would be advantagous to have good skillls in writing blog articles or social media posts to grow the current following.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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.