All prices in USD
  • Avg. revenue /month
    $15,340
  • Avg. sessions /month11,911
  • Avg. profit /month
    $1,030
  • Inventory value
    $67,907

Business Story

Why this business was started

The company was founded in May of 2016 and subsequently purchased from the original owners in in July 2017 by Cameron Christian and Jaimeleigh Christian. I spent 25 years in corporate marketing for large telecom firms. After our 15th move in 15 years we decided not to relocate again from LA to the East Coast. It was at that point I decided to change careers and become a full-time entrepreneur. Instead of growing something from scratch, which can be extremely time and capital intensive, we decided to purchase an existing, operating business. We purchased the business from the prior owners in July of 2017. TechSMRT was a smaller, neglected brand / division of the overall company. Although an opportunity exists to meaningfully grow TechSMRT, the owners are focusing their time and energy on the other, larger, portion of the original acquisition ([REDACTED]).
In the last 24-Months, TechSMRT has not created a meaningful amount of traffic or sales due exclusively to the owner’s time demands on other businesses. TechSMRT could be something, with the right owner delivering care and feeding to the Segmentation, Targeting and Positioning of the company’s marketing message and operating philosophy.

The reason of selling this business

The company has another business entering a meaningfully large market. Management is prioritizing available time and capital on this project.

What's involved in running this business

Daily operations include ordering inventory from suppliers, managing product listings within Shopify, fulfilling orders and managing customer service including returns and exchanges. Marketing activities include building and maintaining content for online advertising platforms and social networks. These activities require 1-2 hours daily for 5 days per week.

This business was founded: about 3 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $15,340
    Verified
  • Avg. sessions /month11,911Verified
  • Avg. profit /month
    $1,030
  • Inventory value
    $67,907
  • Profit Margin40%
  • Avg. sales /month290
Other details about profit: TechSMRT has averaged 290 orders per month over the 36 month lifetime. Over the prior 24-months average monthly order volume is 44.
Total revenue
  • $552,252
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 428,797Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $1
      /month
    • Employees
      $1
      /month
    • Domain
      $20
      /year
    • Conversio email marketing automation
      $69
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Logo and brand assets are several gigabytes in size. The assets will be transferred via a file sharing platform upon request.
    • Personal support after sale

      The company understands it is in both the buyers and sellers’ best interest for a smooth transition. Key operating managers will be available for a reasonable transition period and will assist in a smooth transfer of the firm’s subscribers and operations. Understanding the duration is very dependent on the nature and plans of the buyer, the company would expect migration activities could be substantially complete in 30-days from closing.
    • Domain

    • Product photos

      Product photos are several gigabytes in size. The assets will be transferred via a file sharing platform upon request.
    • Social media

      Total followers11,692subscribers
    • Suppliers

      Not Included
    • Mailing List

      17,207subscribers

    Seller‘s Advice

    How to grow this business

    Growth Opportunities If the current management was able to provide focus on TechSMRT, we would engage the following strategies and tactics: Expand product portfolio into new models of iPhone battery cases and accessories, Samsung Galaxy battery cases and accessories, and a series of meaningful Halo style technology products to drive traffic. Expand into new markets – the company would expand into new geographies including Canada, Western Europe, and Australia.
    Expand into new online platforms – the company would expand to new online platforms including Amazon both in the US and internationally, along with e-bay and other new retail focused platforms including Faire and F.13 Works (ProductPro). The mobile phone accessory market is extremely large: Mobile Phone Accessories Market Expected to Reach $255,149 Million by 2023 There is substantial competition in the mobile phone accessory market, but also meaningful opportunities to create mid-margin sales at high volume. The new owner should be comfortable with current technology including the basics of office productivity applications and supporting the requirements of online platforms including loading inventory and creating & managing marketing assets.

    Skills to have

    A real opportunity for growth will require the new owner have a comprehensive understanding of market segmentation and building creative for online marketing platforms including facebook, google adwords and Adroll, among others.

    Share

    CC
    Cameron C.Current store owner
    Motivated Seller. Just updated listing & price. Recent Entrepreneur. 20+ years leading teams delivering marketing, product-marketing, product-development, multi-channel sales and P&L management in consumer & B2B telecommunications for $1B+ firms. MBA in Strategy from UW, University of Washington Foster School of Business in Seattle (Go Dawgs)

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