• Avg. Revenue /month
    $2,907USD
  • Avg. Sessions /month4,008
  • Avg. Profit /month
    $2,900USD
  • Inventory value
    $23,000USD

Description

General description

The STEM Store provides high quality educational toys that help young people learn about and build a passion for Science, Technology, Engineering and Math. Originally, The STEM Store is part of a non profit organization where we support STEM programs for organizations nationwide. We have decided to sell the store in order to focus all of our time and attention on providing great programs for schools and community organizations.

We currently have a great list of customers including many schools which place institutional orders with us on a regular basis. We have a blended drop ship and stored inventory model. Because of the size of orders placed by schools, libraries and other institutional buyers these are all drop ship direct from a list of vendors that we have built a great relationship with. We also are including around $24k retail value in inventory for quick turnarounds on direct to consumer retail orders.

As we prepare for this change we are intentionally trying to limit the amount of traffic we are generating, but we have been working with a top SEO company for 6 months already and will include in the price of the sale the reaming contract for 2018 which is adds another $15k in value.

We do love this store, and we would love to see it go to a person or company that is as passionate about creating diversity in STEM education as we are. There is not an immediate need to move quickly so we would really like to find a great fit, possibly with an existing retail toy, hobby, or educational store that is looking to increase their online footprint.

We also will include our Facebook, Instagram, and Twitter social media accounts.

Why should someone buy this store?

The STEM Store is a great opportunity for anyone that is looking to continue building a great business and make an impact on the next generation of innovators.

How can the future owner improve the business?

We are happy to help provide guidance and advice as often as needed, but our secret sauce has been a maniacal focus on customer experience and a strong sense of purpose which is why our customers are loyal to us.

What work have you put into the store?

We've put extensive work into the store already from adding products and descriptions, photo's, a series of weekly blog posts including around 5 that are scheduled over the next few weeks.

We also have implemented multiple technology solutions to help automate business processes which you can choose to continue if you wish including: Tradegecko Inventory Management System Shipstation SEMrush

We are also including the following domains: thestemstore.com thestem.store thestemstore.news

Time to run this business: approximately 14 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $2,907USD
    Verified
  • Avg. Sessions /month4,008Verified
  • Avg. Profit /month
    $2,900USD
  • Inventory value
    $23,000USD
  • Profit Margin50%
  • Avg. Sales /month52

Other details about profit:We tend to be seasonal with our highest orders and profits falling around beginning / ending of School years and by far our largest time for sales is the holidays from October until December. We have over 6% repeat customers and we have a very loyal group of customers since our small size has made a large part of our marketing plan to provide exceptional customer service. We are also in the top 3% of stores by traffic compared to stores that opened at the same time as us.

Total revenue
$49,412USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
68,139Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $79USD
    /month
  • Inventory warehouse
    $200USD
    /month
  • Employees
    $100USD
    /month
  • Domain
    $1.25USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers2,000subscribers

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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.

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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.

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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.

SC
Sean C.Running this business for over 1 year
Both my partner and I work in technology right here in Silicon Valley with over 40 years combined experience in Technology, Digital Marketing, and Enterprise Cloud applications. We are passionate about technology and giving back to the community to make sure all young people have an equal opportunity to develop a passion for STEM fields.

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