All prices in USD
$15,000
  • Avg. revenue /month
    $1,492
  • Avg. sessions /month1,356
  • Avg. profit /month
    $559
  • Inventory value
    $8,000

Business Story

Why this business was started

I decided to start this business as I saw a gap in the fitness market for quality resistance bands that didn't snap or roll up your leg. Provided the demand, I ventured my first this as my first business. I have thoroughly enjoyed running this business and taking it to this point where it is a matured and can be scaled even more. I am wanting to pursue other opportunities that require capital and decided it was time to let go of this gem. I am unable to commit as much time as I have in the past, and am focusing on another business with a business partner that is taking all my time up. I have loved growing this business but decided I need to put my focus in one place, rather than a scattered effort.

The reason of selling this business

The business has grown to a point where we have ongoing sales with very little effort in marketing. This is an exciting business to run as it allows you to be creative with how you run it. For instance, new products can be added to the store related to fitness.

What's involved in running this business

Manual Order Fulfilment, Facebook Ads, and Customer Service

This business was founded: over 1 year ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,492
    Verified
  • Avg. sessions /month1,356Verified
  • Avg. profit /month
    $559
  • Inventory value
    $8,000
  • Profit Margin30%
  • Avg. sales /month50
Other details about profit: Profit margins are pretty good, 6 times the product cost (including delivery). These can be increased by increasing product prices, volume, and/or decreasing advertising costs.
Total revenue
  • $29,837
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 27,126Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Employees
      $1
      /month
    • Domain
      $10
      /year
    • Wheelio Shopify App
      $15
      /month
    • Facebook
      $100
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Digital Assets will be in a folder and will be shared with buyer

    • Personal support after sale

      Emails, phonecalls, Skype and WhatsApp communication for two weeks. Advice on how I would go about growing the business will be provided. Any further questions will be answered.

    • Domain

    • Product photos

      Shared in a drive folder

    • Social media

      Total followers40,000subscribers

    • Suppliers

      Not Included

    • Mailing List

      100subscribers

    Seller‘s Advice

    How to grow this business

    I would introduce new products to the store (will provide further info after purchase), and focus on growing ads and automating order fulfilment. This business has massive potential, and has thousands of customers across the globe in over 10 countries, with 80% located within Australia and New Zealand. Great brand recognition.

    Skills to have

    We make money from selling the resistance bands through Facebook Ads and Instagram Organic Traffic. So Facebook Advertising knowledge and marketing is essential.

    Share

    AL
    Akari L.Current store owner
    I am an entrepreneur who has created app games, online businesses, and Tooshie Band is one of them. I specialise in Marketing and Facebook Ads and have narrowed down on this. I currently am working on a subscription service business generating millions per year, and this is taking my time up. Hence, the sale of Tooshie Band.

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