I decided to start this business to test this product. I launched this store, alongside many other stores. I am also running a few other stores. E-Commerce is my fulltime job. Anyways, this product did very well. I would love to continue to profit from this store, but my time is full with my other business ventures.
The reason of selling this business
I decided to sell this store, due to not having time to continue running it. This store has done very well for me, but it has taken 15-20 hours a week, that i just don't have right now. This store has great potential for scale ability.
What's involved in running this business
The traffic is generated via facebook advertising mainly which needs to be managed almost everyday. We try to mantain our costumers and raise the average order value by email marketing which is all set up automatically. Ads management is needed to maintain and scale this business to over 50k per month. A VA could easily be hired to handle the orders and customer service. That would cut your time in half on mundane work you don't need to be doing. Work on your company, not for your company. I am in the process of hiring a VA if this brand does not sell soon.
This business was founded:over 1 year ago
Time to run this business:approximately 15 hours per week
Traffic and Performance
Avg. revenue /month
$4,189
Verified
Avg. sessions /month4,684Verified
Avg. profit /month
$4,188
Profit Margin65%
Avg. sales /month1,000
Other details about profit:Our profit derives from a combination of paid traffic via Facebook & Instagram Advertising. The store have made well over 80k (with 27% net profit margain after marketing expense) in 6 months period last year, and it's doing $1,500+ a day now. Screenshots attached!
Total revenue
$67,017
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
74,954Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$29
/year
Paid apps
$122
/month
Facebook
$300
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
All copyright rights, banner images, social media content, advertising creatives, and domain name rights are included in the sale and will be transferred over to the next owner via Escrow.
Personal support after sale
I will provide you with 1on1 personal coaching, via skype for 14 days after the transfer is made. We will be working together screen-sharing, so the transfer of the store can be flawless and sales can maintain without any negatives.
Domain
Product photos
All product images, descriptions, and content associated with promoting and/or advertising our catalog will be transferred to the future owner via Escrow.
Social media
Total followers500subscribers
Suppliers
Not Included
Mailing List
3,000subscribers
Seller‘s Advice
How to grow this business
New owners are in a great position to keep running, and managing the ads, adding products to the store, continue to grow the Instagram and other social media profiles, run targeted ads through Facebook/Instagram and keep growing this store into a brand.
There is huge scope to grow this business to the point where a sizeable passive monthly income could be obtained. The easiest way to do this initially would be through adding the products available from existing suppliers which are not already on the site.
Skills to have
The good thing about this business is that it is set up entirely to do well. A person would need limited e-commerce background/knowledge to buy it and run it.
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.
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