All prices in USD
  • Avg. revenue /month
    $57,242
  • Avg. sessions /month73,371
  • Avg. profit /month
    $2,916
  • Inventory value
    $8,000

Business Story

Why this business was started

I wanted to get involved in ecommerce as I didn't like my job in software sales. I thought this would be very funny and a different product to sell and make it a new type of gifting experience that is ridiculous.

The reason of selling this business

I want to acquire more businesses in the ecommerce space and focus on a new passion project. I have an office lease that is expiring soon, so I am trying to sell the business before I have to sign a new lease.

What's involved in running this business

Monitoring sales, traffic, trends. Driving traffic to the website. Admin work (processing payroll for employees, paying partners, monitoring finances of the buisiness, organizing reports, etc) .

We have 3 employees and 1 VA who all handle customer service, inventory, order fulfillment. As an owner, I do not do these tasks.

We sell customized, one-at-a-time products and all of them require seller fulfillment. Our products cannot be sent to Amazon FBA or a 3PL fulfillment center.

This business was founded: about 6 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $57,242
    Verified
  • Avg. sessions /month73,371Verified
  • Avg. profit /month
    $2,916
  • Inventory value
    $8,000
  • Profit Margin10%
  • Avg. sales /month1,607
Other details about profit: There are many expenses that a new owner will not owe. Profit will likely be higher for a new owner for these reasons. Such as: Owner's salary: $100K per year Office rent car payment + insurance business insurance personal transportation/food charges gym membership Between all of these costs there are about $7-10K/month of expenses that can be cut out and saved. We also sell on Amazon and Etsy as well. However, they account for about 3% of total sales. This number is not listed on Shopify Exchange. For example, total Amazon sales from Jan 2021 to Oct 2021 were $30.9K.
Total revenue
  • $4,235,904
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 5,429,460Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $300
      /month
    • Inventory warehouse
      $0
      /month
    • Employees
      $9,000
      /month
    • Domain
      $30
      /year
    • all subscriptions (shopify/non shopify)
      $1,825
      /month
    • Ad spend across all ad platforms (based on spend from Oct 2021)
      $15,000
      /month
    • office rent
      $3,585
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I will include all assets of the business. All necessary items are saved in google drive.
    • Personal support after sale

      I will provide as much support as needed for 3 months. Anything the new owners needs to learn, I will help!
    • Domain

    • Product photos

      I will include all assets of the business. All necessary items are saved in google drive.
    • Social media

      Total followers96,600subscribers
    • Suppliers

      All relationships are good and there will be no issues with a new owner.
    • Mailing List

      165,000subscribers

    Seller‘s Advice

    How to grow this business

    • Expand the product line to offer more occasion-themed gifts and novelty gifts.
    • Sell on more marketplaces
    • Explore new traffic sources
    • Put effort into B2B gifting and bulk order opportunities
    • Grow affiliate marketing and influencer relationships

    Skills to have

    General skills of ecommerce, shopify, inventory management, organic and paid marketing, conversion rate optimization, product innovation, sales.

    Share

    RB
    Riad B.Current store owner
    I've been in ecommerce since 2014 and have started many websites. Currently, I am listing my Shark Tank backed business, Potato Parcel for sale.

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