All prices in USD
  • Avg. revenue /month
    $2,576
  • Avg. sessions /month1,681
  • Avg. profit /month
    $1,120
  • Inventory value
    $24,000

Business Story

Why this business was started

We are two professional people who wanted to take on a side hustle project in our spare time, which we’ve grown into a successful business. This was our first project so we were highly motivated and dedicated. The fact that we never let go of it in 5 years says it all.

We saw this online store as a great way to start up an ecommerce venture with minimal overheads that could be both profitable and scalable.

We saw the huge potential of setting up an online vape store in Australia. Although it caters to a niche customer base, there’s limited competition in the Australian market, and we believed we had the professionalism and maturity to set ourselves apart and offer an excellent customer experience.

We first set up this business when there was an initial groundswell of people transitioning away from traditional smoking and using vaping to help kick that nasty habit and take control of their lives. Since then the number of people switching to vaping has increased dramatically, with vaping becoming a much more mainstream and acceptable alternative to traditional smoking.

All our lives we've loved creating beautiful and tasty food and sharing them with our people. We wanted to create vape juice recipes that capture the full flavour experience you get when enjoying truly fabulous food, so we developed our own in-house premium vape juice range. The business sale includes these juice recipes, product label artwork and promotional images.

This business has high potential and a customer base that continues to grow.

The reason of selling this business

We’ve put our heart and soul into growing Vape Bureau while maintaining our demanding day jobs, and we’re ready to move on to our next business opportunity.

This business traded well throughout COVID-19 and the last 12 months have really cemented our local and loyal customer base. We’ve grown this business as far as we can whilst juggling other projects and our day jobs.

This was our first ecommerce venture and although we’ve had fun, learned a lot and enjoyed the ride, it’s time for some new energy and enthusiasm to take this business to the next level.

The website has great functionality and this business has great expansion potential.

What's involved in running this business

Key tasks to run this business are fulfilling customer orders, providing after sales support to customers, ordering stock from suppliers, researching new release products to stock, maintaining and refreshing the website as needed and running marketing campaigns.

This business was founded: almost 5 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,576
    Verified
  • Avg. sessions /month1,681Verified
  • Avg. profit /month
    $1,120
  • Inventory value
    $24,000
  • Profit Margin23%
  • Avg. sales /month130
Other details about profit: This business has generated a total revenue of $200,000 AUD to date. The Shopify data table shows average profit per month over the entire duration of the business. Over the current financial year and the ongoing craziness of recent times, we've continued to grow generating an average revenue of $6,265 AUD per month, with average profit of $1,450 AUD per month. Product profit margins varies between different products, average product profit is 200%. We also use eBay as an additional sales channel for selected products such as vape bottles.
Total revenue
  • $152,001
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 99,230Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $130
      /month
    • Domain
      $18
      /year
    • Shopify transaction fees
      $112
      /month
    • Gmail email account (5 email accounts) and Google Drive for file storage
      $7
      /month
    • Additional domains (vapebureau.com & vapebureau.co.nz)
      $4
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logo and image files will transferred via Google Drive
    • Personal support after sale

      We will provide technical website support via email and/or remote desktop login support for 3 months to help you settle in. As we both have day jobs, we will respond to critical queries within 24 hours and respond to general queries within 48 hours.
    • Domain

    • Product photos

      All product image files are located within the website theme and will be transferred via Google Drive. The business sale includes in-house juice recipes, artwork for product labels (10ml , 60ml & 120ml sizes) and high resolution promotional images, which will all be transferred via Google Drive.
    • Social media

      Total followers227subscribers
    • Suppliers

      Established local and international supplier relationships. We will provide list of suppliers, accounts and contact details.
    • Mailing List

      4,300subscribers

    Seller‘s Advice

    How to grow this business

    The main thing needed to grow this business and take it to the next level is energy. Here are some suggestions to help: • We’ve secured 3 prominent domains to expand the business globally - vapebureau.com and vapebureau.co.nz are currently redirected to www.vapebureau.com.au • The business model is scaleable and could be franchised to achieve more brand saturation throughout Australia and enable stronger buying power with suppliers • Regular campaign marketing to reach out the current 4,300+ customer base • Social marketplaces are the dominant tools to drive traffic and conversion rates, we’ve secured Facebook and Instagram channels which can be developed much further • Expand to other social platforms like Pinterest and Google Remarketing • Build on the 1,000+ SEO keyword already embedded in the site • Expand vape hardware range to offer new release products • Expand vape juice range to offer more local and international juice brands • Promote strong marketing in-house premium juice range (sale comes with all intellectual property - juice recipes, product label artwork and promotional images) • Contact local & international vape juice distributors to stock the in-house premium juice range (essentially sell this product to local and international vape retailers) • Open up additional payment gateways, such as credit cards, Apple Pay etc which is easily done via the current Shopify Plan • Offer buy-now pay later payment options, such as Zipay, Afterpay etc • It’s important to stay on top of the site’s SEO, which you can learn yourself or outsource to someone else • We've build this business by driving organic traffic, without paying for advertising. There is huge potential for growth by activating any of these additional strategies

    Skills to have

    To realise the potential of this business you will need to have strong social and marketing campaign skills, or be willing to outsource this to an expert. It’s important to focus on great customer service and after sale support, which requires an understanding of vaping and use of electronic cigarettes.

    You don’t need to be a coding genius to manage this site. It comes with two premium themes from Out of The Sandbox that have great functionality and many unique features for you to explore which are very intuitive and easy to use.

    Share

    VB
    Vape B.Current store owner
    Vape Bureau is an established online vape store based in Australia since 2015 with a total revenue of $200,000AUD. We’ve set ourselves apart from our competition by providing an excellent end-to-end customer experience, prompt order fulfilment & shipping & strong personalised after sales customer support. We’ve put in the hard work building a premium, content-rich website, establishing local & international supplier relationships & growing a loyal, return customer base. This mature business is looking for someone to take it to the next level.

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