I started this business because beard care is a trending industry. I felt that this was a highly profitable niche due to good profit margins.
I did some market research and then quickly started this store by setting up the Shopify storefront and running Facebook ads. Initial results have been very positive so far.
The reason of selling this business
I'm selling this business due to a lack of time and cashflow. I manage multiple stores and clients and simply cannot continue growing this business to its fullest potential.
With that said, this is a solid niche with great margins. It also has a passionate audience that is also willing to share with other people.
What's involved in running this business
This is a straightforward dropshipping store setup that primarily involves running ads via Facebook/Instagram, fulfilling orders, and providing customer support via email.
This business was founded:11 months ago
Time to run this business:approximately 10 hours per week
Traffic and Performance
Avg. revenue /month
$6,495
Verified
Avg. sessions /month7,871Verified
Avg. profit /month
$2,500
Profit Margin25%
Avg. sales /month400
Other details about profit:Profit margins can be further optimized by utilizing upsells and negotiating prices with suppliers.
Total revenue
$71,444
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
86,582Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$9
/year
Paid apps
$59
/month
Facebook ads
$5,000
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
I will provide all logos and photos used on the website.
Personal support after sale
I will provide up to 7 days of support via email. I am selling this store because I no longer have time to manage it, so I'd like to make it clear that the buyer should be someone who can take it and run with it.
Domain
Product photos
Not Included
Social media
Total followers1,100subscribers
Suppliers
Mailing List
1,075subscribers
Seller‘s Advice
How to grow this business
I would develop a private-label product and stock my own inventory in a warehouse or fulfillment center to optimize shipping times and product costs.
Skills to have
The new owner should have knowledge of Facebook/Instagram ads to maintain the current level of revenue.
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.
Get access to our top listings and other content. Unsubscribe anytime.
Thanks! We’ll be in touch.
Thanks! We’ll be in touch.
Shopify uses cookies to provide necessary site functionality and improve your experience. By using our website, you agree to our privacy policy and our cookie policy.