All prices in USD
  • Avg. revenue /month
    $10,040
  • Avg. sessions /month7,694
  • Avg. profit /month
    $4,000

Business Story

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.

This business was founded: 5 months ago
Time to run this business: approximately 14 hours per week

Traffic and Performance

  • Avg. revenue /month
    $10,040
    Verified
  • Avg. sessions /month7,694Verified
  • Avg. profit /month
    $4,000
  • Profit Margin30%
  • Avg. sales /month300
Other details about profit: This niche is a highly profitable niche, with amazing profit margins on our products. Our overall margins were a bit low at around 30% due to heavily investing in the initial data. Now all data has been collected, along with the email list you will be able to see 30-40% profit margins which is great for a dropshipping store. I have attached screenshots of the ad account and shopify dashboard. (Please note ad account is in $aud)
Total revenue
  • $40,160
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 30,778Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Employees
      $1
      /month
    • Domain
      $8
      /year
    • email, other apps
      $30
      /month
    • Facebook
      $4,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All social media content and logos will be transferred.
    • Personal support after sale

      I 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.
    • Domain

    • Product photos

      All product photos on the site will be transferred to buyers ownership
    • Social media

      Total followers2,000subscribers
    • Suppliers

      Not Included
    • Mailing List

      2,000subscribers

    Seller‘s Advice

    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)

    KR
    Kaine R.Current store owner

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