All prices in USD

The Textamend Editing Company

www.textamend.com
$7,175
  • Avg. revenue /month
    $257
  • Avg. sessions /month215
  • Avg. profit /month
    $200

Business Story

Why this business was started

When I was working exclusively on freelance platforms, clients often told me that they had previously worked with other editors and were shocked by how terrible these other services frequently were. Thus, I conducted some investigations of my own and discovered that many editors on both freelance platforms and in private practices barely have a command of the English language. Unfortunately, as it turns out, many document service websites are actually run by individuals with limited English knowledge, hoping to make a quick buck from unsuspecting customers. Furthermore, even some of the largest editing companies outsource their orders to unqualified editors, occasionally producing poor-quality results. So, I created Textamend to provide high-quality services at all times.

The reason of selling this business

It has been so rewarding to develop this business since 2016; however, this has been a side business for quite some time, and I would like to focus on my primary career.

What's involved in running this business

My business has been based off of personal editing services, and I conduct all editing, consulting, and writing myself. I never outsource, as I am thus able to maintain quality standards. That is not to say that a future website owner could not outsource work; it is just crucial that quality work be provided at all times. Running this business entails answering client emails and meeting clients' deadlines.

This business was founded: almost 2 years ago
Time to run this business: approximately 5 hours per week

Description

General description

Textamend is an editing, writing, and consulting company that works with businesses, authors, and students in 63 countries.

Clients purchase document services directly through the Textamend website, and I fulfill the orders. Much of my business is domestic; however, I have a substantial amount of longtime clients based in China, Singapore, Australia, Netherlands, and more. When I advertised heavily through AdWords and Facebook during the summer of 2017 (which, for reference, is often slow for editing practices), they did not produce many clients volume-wise; however, the revenues were substantial. Most recent orders have pertained to proofreading graduate school applications and personal statements, as well as assisting businesses with online marketing materials. The most popular order "type" is fairly seasonal, however.

Why should someone buy this store?

As indicated by the screenshots, roughly 32% to 44% of clients are returning clients. This demonstrates the quality work that the company is known for. The listed traffic is also entirely organic. A future owner can increase advertisements, bring in new clients, and substantially increase annual revenue.

How can the future owner improve the business?

As evidenced by aggressive summer 2017 advertising, this site grew tremendously when advertising was utilized. With that said, recent traffic has not been as substantial as it has been in the past due to limited advertisements. Current traffic is entirely organic, but a future owner can increase ad spending and bring in new clients.

When I first launched Textamend, many of my clients were acquired through my prior work as a freelance editor. Clients were pleased with my editing and writing services, and thus wanted to work with me directly. From there, many referred clients and peers while simultaneously posting online and recommending Textamend. If a future owner is more active with mailing list campaigns, they can produce even better results.

What work have you put into the store?

This store has had substantial website development, logo creation, mailing list development, social media development, client relationship development, and more. The business reputation is quite strong. Keep in mind, the listed price also reflects substantial past advertisement spending to acquire existing clients, as well as a premium Shopify theme.

Traffic and Performance

  • Avg. revenue /month
    $257
    Verified
  • Avg. sessions /month215Verified
  • Avg. profit /month
    $200
  • Profit Margin78%
  • Avg. sales /month6
Other details about profit: Order totals fluctuate based on advertisement spending and time of year. When application season is in full swing, order volume increases; however, average revenue per order varies significantly depending on the type of project.
Total revenue
  • $5,913
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 4,952Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $33
      /month
    • Domain
      $45
      /year
    • General Shopify Apps
      $12
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All assets will be transferred via Dropbox or WeTransfer.
    • Personal support after sale

      I am willing to provide support for up to three months to assist in the transition. I am also willing to sign on as a freelance editor in the event that the future owner intends to outsource services.
    • Domain

    • Product photos

      All assets will be transferred via Dropbox or WeTransfer.
    • Social media

      Total followers7,584subscribers
    • Suppliers

      Not Included
    • Mailing List

      661subscribers

    Seller‘s Advice

    How to grow this business

    I have built a company with an excellent reputation in the field, as evidenced by ~45% of clients being returning clients. However, my current personal budget is limited, and I haven't been advertising as I once did. As a result, if a future owner advertises appropriately on Instagram/Facebook/Google/Reddit/etc., as I once did, you will likely compound the company growth rate as clients return again and again, all while acquiring new clients.

    Share

    TT
    Textamend T.Current store owner
    Textamend is an editing, writing, and consulting company that has worked with businesses, authors, and students in 63 countries since 2016.

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