- Avg. revenue /month$10,040
- Avg. sessions /month7,694
- Avg. profit /month$4,000
Why this business was started
I decided to start this business to test out my skills dropshipping. I mainly focus on smma for local businesses but figured I'd give this a go with my fb ads skills. I initially intended to start this into a private label brand and release my own fishing lures. (fishing has always been a passion of mine)
The reason of selling this business
I have had to sell this business to focus on my agency work, we have had a sudden influx of clients and I can't manage this as well as I would like to. I think this would be the perfect business for private labeling as the product margins are just so high! I hate to sell this store as it was definitely a great experience and quite profitable! Unfortunately as mentioned above my focus is needed elsewhere for the time being, I have thought about pausing the store but while the ad account is still hot and has a ton of profitable audiences, I think it would be best to sell this store to someone who wants to get into ecom or even expand into another niche. (I have attached some photos of the ad account below, please note that it is in $aud while the store is in $usd)
What's involved in running this business
This business is pretty hands off as long as you have some understanding of fb ads and the whole dropshipping model ( I offer support with the sale so will show you everything you need if you have no prior experience) The time it takes to manage this business is only 1-2hours per day. You will need to spend some time going over the ads, fulfilling orders and replying to customer emails.
Traffic and Performance
- Avg. revenue /month$10,040Verified
- Avg. sessions /month7,694Verified
- Avg. profit /month$4,000
- Profit Margin30%
- Avg. sales /month300
- Shopify plan
- email, other apps
Physical inventoryNot Included
Logo and branding assetsAll social media content and logos will be transferred.
Personal support after saleI will provide full support for 3 weeks after the sale. This can include teaching you about fb ads, how to fulfill orders and all other aspects of running this business.
Product photosAll product photos on the site will be transferred to buyers ownership
How to grow this business
Over the next five years the optimal growth strategy would be to transition into private labeling and eventually a subscription based service. A great idea for recurring revenue would be to create a subscription box which is sent out to customers each month, this would be highly profitable once the existing customer is acquired.
Skills to have
As long as the new owner has a general understanding of the dropshipping model and some understanding of fb ads they will be set. The ad account has a ton of highly profitable adsets which the new owner will only have to monitor. ( I have attached photos of ad account below, please note it is in $AUD)
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
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.