All prices in USD
  • Avg. revenue /month
    $1,352
  • Avg. sessions /month1,333
  • Avg. profit /month
    $559
  • Inventory value
    $5,000

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: almost 2 years ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,352
    Verified
  • Avg. sessions /month1,333Verified
  • Avg. profit /month
    $559
  • Inventory value
    $5,000
  • 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
  • $29,740
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 29,342Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $8
      /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, phone calls, 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

    • 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.

    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.

    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.