All prices in USD
$8,000
  • Avg. revenue /month
    $594
  • Avg. sessions /month508
  • Avg. profit /month
    $250
  • Inventory value
    $5,000

Business Story

Why this business was started

Hot Water Bottles is a necessity during the colder seasons for those that are conscious about using electricity as well as those experiencing lower back pains and more so in particular towards Women who experience discomfort periodically. However, most hot water bottles are made out of latex gives off an unpleasant odour when filled with hot water and the products don't really last long. Upon searching for an odourless hot water bottle I realised that most of the products were overseas and there was a significant delay in having them shipped over. Continuing my search I identified that there wasn't any local providers or distributors that sold quality odourless hot water bottles. Further research has enabled me to find the brand Fashy who manufactured high quality thermoplastic odourless hot water bottles and that's when I pursued in filling the gap in the market.

The reason of selling this business

Selling the business due to a number of reasons: - I've found a passion to start more small businesses from the ground up - Don't have the time nor the resources to continue this business - I could've shut it down but I don't want the Australian market to lose out on the continued local offering

What's involved in running this business

  • Storage of the product stock
  • Stock fulfilment
  • Maintenance of the website
  • product enquiries
  • social media advertising
This business was founded: over 4 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $594
    Verified
  • Avg. sessions /month508Verified
  • Avg. profit /month
    $250
  • Inventory value
    $5,000
  • Profit Margin26%
  • Avg. sales /month30
Other details about profit: most of the expenses comes from the courier cost of having the product delivered. Profit peaks in winter.
Total revenue
  • $30,906
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 26,424Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $100
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      via email and all the passwords to the account

    • Personal support after sale

      I will provide support for the 6 months post the buyer purchasing the company I will also provide the contact for the manufacturer/supplier whom can manage the end to end process

    • Domain

    • Product photos

      all product photos on shopify will be transferred over as per the account

    • Social media

      Total followers2,138subscribers

    • Suppliers

      Not Included

    • Mailing List

      562subscribers

    Share

    DP
    David P.Current store owner

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.