All prices in USD
  • Avg. revenue /month
    $451
  • Avg. sessions /month1,157
  • Avg. profit /month
    $451

Business Story

Why this business was started

We started this business because we had some spare time after finishing school and an interest in entrepreneurship. The VantriShop, as it is called, sells vanity beauty mirrors & accessories. The beauty and photography industry is a huge marketplace, especially on social media, so our store presence is welcomed within these industries. With proper marketing and collaborations with beauty gurus, this store has lots of potential.

The reason of selling this business

We are selling the business because we have both solidified full time positions and no longer have the time to successfully run this already excelling business. With two dogs, two small children and full time jobs, our priority began to fall more towards our new family and away from the business we created. The business took off because we had a vision and a solid business plan, making it very easy for the individual(s) whom purchase it.

What's involved in running this business

Social media engagement is an easy way to influence buyers and promote a following, responsive and respectful customer service is key to success. You may run this business however you'd like, however, we chose to drop-ship. As drop-shippers, we did not need to keep any inventory, which was helpful, as we do not have space to store large amounts of products, nor the means of keeping up with shipping orders. Our main responsibilities were fulfilling customer orders online with our exclusive vendors, that we maintain a relationship with. Other than these main points, having the webpage up to date at all times, adding new and exciting products and runnings ads on google, Facebook, Instagram, etc, are all equally important roles. **I'm quite sure I've missed many tasks, but will be happy to assist along the way :)

Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $451
    Verified
  • Avg. sessions /month1,157Verified
  • Avg. profit /month
    $451
  • Profit Margin70%
  • Avg. sales /month40

Other details about profit: Our main efforts were put in from the very beginning until about May 2018. Life got busy with kids and we started to fall behind with keeping the family running. With some effort, we know that the store can be very successful. We have proven that in the first few months of operation. Social media is a large portion of profits, so focus on running ads and you will profit massively.

Total revenue
  • $6,767
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 17,356Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $30
      /month
    • Domain
      $20
      /year
    • Current Converter
      $9
      /month
    • Facebook, Instagram, Google, etc
      $300
      /month

    Sale Includes

    • Physical inventoryNot Included
    • Logo and branding assetsEverything associated with VantriShop will be included in the sale. What Shopify does not transfer during the process, we will surely provide you. We want to see the shop succeed as well, so rest assured that we will happily include any and all necessary information for the purchaser to do so.
    • Personal support after saleWill happily provide business support for up to one month. This business model is extremely easy to operate and will be simple for you to learn, so fear not, you can do it and we will help.
    • Domain
    • Product photosEverything will be included via email, or possibly DropBox. Some of these product photos have been professionally taken of the products we sell, so this is helpful to sales.
    • Social media
      Total followers0subscribers
    • Suppliers
    • Mailing listNot Included

    Seller‘s Advice

    How to grow this business

    We would have invested more of the profit back into the business, such as marketing and advertising, as this seemed to be a huge aspect of success. The business model is sound and we would continue to utilize it, after all, we did build it for success, not failure.

    Skills to have

    Previous business experience an asset, but not required due to the relatively simple business plan. Strong communication and organizational skills are helpful. Understanding of social media platforms is a big portion of marketing. Lastly, always reinvest profits. This allows for growth and alleviates some financial pressure.

    Share

    TJ
    Tristan J.Running this business for over 1 year
    I'm a 29 year old entrepreneur who resides in Canada. Currently, I operate a Landscaping & Construction business that I have owned for over 5 years. I'm also heavily involved in the golf industry and work closely with vendors all over the globe. I love spending time with my family and golfing. I'm absolutely addicted to the business mindset and have done very well for myself, but hope to someday give back to my community in the form of a charity that my wife and I are currently working on and are very excited about.

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