All prices in USD
  • Avg. revenue /month
    $2,992
  • Avg. sessions /month3,066
  • Avg. profit /month
    $1,047

Business Story

Why this business was started

We purchased this business as a side project as we wanted to create our own sports brand, its is a great niche as its getting bigger and bigger every year with new brands. We wanted to see if we could make a successful online store and we did just that! We just don't have the time to run it anymore. When we brought this store it was a mess, we spent time & money on making the store not only look good but function very well, high speed theme, good quality images, good suppliers all set up & ready to go. We just don't have the time for a side project anymore. We have set the price to valuation given by exchange, we are open to negotiation.

The reason of selling this business

We don't have the time to run the store anymore. We have other projects that take up too much time to continue to run the store and take it to the next level. There is lots of potential for the store as it has a high social media following and it is unique because we focus on selling sets, so matching bra & leggings etc for a very reasonable price, we just don't have the time to keep marketing it & developing it to the level at which it deserves.

What's involved in running this business

The main duties will be marketing the store & its products and you will need to understand how to use ads to draw in new customers and convert, that includes posting regularly on social media with interesting content, as well as Ads. We have a high customer return rate (40% YTD) so even when you are not advertising people will come to the store the purchase. You will need communicate with the suppliers if there is any issues with the orders, fulfilling an order is fairly automated & requires very little effort on your behalf. You will have to monitors the customer service email for any returns or issues we only get a couple. We use a specific email marketing software that we will transfer over to you, but this is all set up and running smoothly, we have added to cart, abandoned cart, viewed product & a welcome series email automation all running effectively & generating 54% open rate, this requires no work unless you wish to change anything. We are currently not running any ads on Facebook, the adverting spend is just an estimate of what we did run.

This business was founded: almost 3 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,992
    Verified
  • Avg. sessions /month3,066Verified
  • Avg. profit /month
    $1,047
  • Profit Margin30%
  • Avg. sales /month25
Other details about profit: Currently store statistics (of all time) stand at an average order value is £35.37, we have an customer return rate of 11.06%. We have had over 2,200 orders since the store started and nearly 100,000 online store sessions. The conversion rates sits at 2.18% since the store started with the right person you could take this even higher.
Total revenue
  • $101,735
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 104,263Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $14
      /year
    • Klyavio, upsell up, reviews
      $64
      /month
    • Facebook
      $550
      /month
    • G Suite
      $3
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      We can transfer everything via wetransfer. We have logos & all brand guidelines, including brand colours & fonts, website covers etc.
    • Personal support after sale

      For buyers paying the asking price, we will offer 2 weeks personal support. We will organise a call within the first few days of the sale being complete & go through all the apps & platforms used and give you a comprehensive overview of everything involved in store & what we currently have running & how to utilise it best. After that we can set up another call or two should you need it before the 2 weeks is up. I will also be available to answer any questions via email for the 2 week period.
    • Domain

    • Product photos

      All product images we have can be transferred via wetransfer. All files are organised within collection images so is easy to find and use.
    • Social media

      Total followers3,483subscribers
    • Suppliers

      We have suppliers in place for everything. We are currently between 2 suppliers you can use both or 1 its completely up to you. They deal with all the orders automatically so you don't have to do anything.
    • Mailing List

      953subscribers

    Seller‘s Advice

    How to grow this business

    VALUED AT $10000 by Exchange. I would expand to new markets as we have only ever targeted the UK. Our current suppliers can ship to the USA, Australia and all over Europe. You could also look to add a menswear range, additionally you could make better use of the Ultimate Fit Guides section & produce blogs and useful content and potentially start selling a supplement/protein range. So many possibilities.

    Skills to have

    You will need a basic knowledge of how a shopify store works. Everything is set up so you don't have to worry about that. You will need to have a good knowledge of the shopify dashboard. It would beneficial if you have knowledge of using social media to market a product and how to run advertising campaigns, however this is not necessary as we taught ourselves how to do this.

    CD
    Conor D.Current store owner

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