- Avg. revenue /month$2,690
- Avg. sessions /month2,788
- Avg. profit /month$2,221
Why this business was started
I bought this company a couple of months ago from exchange because I really liked the product and the potential. The profit margins are great, the product is a digital illustration and can make added profit from posters, the value added is in the personalisation. Highly recognisable and people love the product! We have people leaving great reviews and emailing us telling how much they love it and how they will be coming back for another portrait.
The reason of selling this business
I am deciding to sell the business for a couple of simple reasons. I work full time and I have a couple of other businesses on the go which to be honest I enjoy more and are more geared towards my future plans. I'm currently also cutting my commitments to focus on my favourite projects and my personal life.
What's involved in running this business
The main job for the owner is to run ads, oversee your team and send artwork to printers for posters if brought by a customer. Orders are automatically synced with Trello. Artists get email notifications once they have a new order waiting for them to draw. Once they finish the order either you or the VA sends an email to the customer with the digital illustration. The VA also deals with all customer emails and could deal with the poster side of operation.VA is paid by time tracking software.
All admin could be ran by the owner but a VA could help with fulfilment.
Traffic and Performance
- Avg. revenue /month$2,690Verified
- Avg. sessions /month2,788Verified
- Avg. profit /month$2,221
- Profit Margin65%
- Avg. sales /month100
- Shopify plan
- Paid apps
- Google (Depends on budget)
- Transaction fees (Depends on sale numbers)
Physical inventoryNot Included
Logo and branding assetsBanner images, logo and all other images except for the ads.
Personal support after saleI will provide documents with all the information you need and will also be available on email for any questions you may have for the first week.
Product photosAll product photos will be transferred with the sale of the website.
SuppliersAmazing team of artists and a potential VA all ready to go and also have contact details for supplier of artists. I can also provide contact details for other VA's if needed.
How to grow this business
The following points below are ways the new buyer could grow the store. -Expanding art styles (I have a full list of art styles the artists have confirmed they can provide as well as an art fulfilment company which can be added to fulfil more orders if needed.) -Rebranding the logo etc to a more original design to accommodate the additional styles and make it easier to advertise. -Adding non custom evergreen products to the store such as birthday cards and Christmas cards. -Streamline the poster service by adding a print shop page on the website.
Instagram account was deleted but could be started again focusing on all the art styles not just one style.
Skills to have
Basic knowledge of Slack for communication, Trello for order fulfilment/management, Gsuite (Google mail for business) and basic Shopify skills and of course Facebook ads / google ads.
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.