All prices in USD
  • Avg. revenue /month
    $23,009
  • Avg. sessions /month29,903
  • Avg. profit /month
    $2,000
  • Inventory value
    $10,000

Business Story

Why this business was started

Drop ship watch business for low overhead and online sales. Acquired from prior owner. Added Amazon store and acquired inventory for one line of watches also. Improved site with new apps and template and selection. Great selection that sells well with advertising. Strong FB community over 55k likes and email list over 10k names due to 3 year history and investment to date.

The reason of selling this business

I have started other consulting work again and no longer have time for working on this business.

What's involved in running this business

Daily sending of orders to the supplier using automated routine. Online Fulfillment of orders shipped also using automated routine. Preparing and posting online ads - Facebook group is over 55k people. Email newsletters and creating promotions to mailing list over 10k names.

This business was founded: almost 4 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $23,009
    Verified
  • Avg. sessions /month29,903Verified
  • Avg. profit /month
    $2,000
  • Inventory value
    $10,000
  • Profit Margin10%
  • Avg. sales /month15
Other details about profit: All sales (including the Amazon store) are linked and reported through the Shopify data. Numbers reflect last 12 mos with almost no investment in marketing/advertising. Prior sales and traffic reflect focused effort by prior owner. Profit margins reflect what is possible with knowledgeable advertising approach.
Total revenue
  • $1,058,407
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,375,555Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $100
      /month
    • Employees
      $10
      /month
    • Domain
      $100
      /year
    • Shopify apps for languages and Discounting for sales
      $22
      /month
    • Facebook, Instagram, Amazon, other
      $1,000
      /month
    • Nosto, Magisto
      $180
      /month
    • Totally up to owner
      $10
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Will email files or transfer via Google drive.
    • Personal support after sale

      Immediate support to transfer all files and walk through all routines and online info with screen share meetings during week of closing. Email/phone support for 30 days after to support questions.
    • Domain

    • Product photos

      Will email files or transfer via Google drive.
    • Social media

      Total followers55,000subscribers
    • Suppliers

      Not Included
    • Mailing List

      10,000subscribers

    Seller‘s Advice

    How to grow this business

    1) Invest in Facebook, Instagram, Pinterest and Amazon ads with proven strategies and work the social media pages to draw interest and traffic. 2) Do further ads across the web with Google Adwords, and a company like Adroll.com to get display ads out there on other website. 3) Continue to find new models and update the selection for promotions. 4) Consider unique designs and expand the branding and photo imagery.

    Skills to have

    Knowledge of online advertising techniques and how to do that effectively with solid ROI is the primary skill needed to take advantage of this ready-to-go ecommerce store with proven sales history.

    Share

    Rb
    Robert b.Current store owner
    Pick this store up now and get the Christmas bonus! I bought this shop from prior owner about two years ago. Decided this is not my direction, although I invested and tuned the shop up and it is in great shape. Good selection of watches, rewards program, nice template, email system programmed, good apps for language and sale discounts. Also added an Amazon store and inventory to sell one unique design group of watches.

    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.