- Avg. revenue /month$3,789
- Avg. sessions /month4,982
- Avg. profit /month$1,900
Why this business was started
Original founder (who sold to me in January) was into beard care, spotting a gap in the market to provide a curated experience. Beard care is a growing industry with dedicated buyers (men find a product they like then continue to buy the same thing), especially in the midst of CoronaVirus where barber salons are not available and men need to take beard + hair grooming into their own hands. Has great long term sustainable potential with ability to expand products for future growth.
The reason of selling this business
Evidenced by the historical performance data, this business has massive potential. The original owners divested after their other businesses overtook this in scale, and I never really “ran” the business since taking over, so Jan<>Apr 2020 metrics need to be discounted (ie; I’ve spent <2h since taking ownership).
Here’s the Exchange Marketplace posting from lat Jan’20 from the original owners - [REDACTED] Prepared to make a loss for a quick sale and business onto a good home.
What's involved in running this business
Day-to-day, almost nothing. The business is setup to to fulfil orders from a third-party (all connections are setup and automated with Shopify integrations) so that you can take it on, not touch it, and still bring in income!
To grow Viking Beard Store, some time may need to be spent on marketing, but nothing needs to be touch in terms of fulfilling orders.
Traffic and Performance
- Avg. revenue /month$3,789Verified
- Avg. sessions /month4,982Verified
- Avg. profit /month$1,900
- Profit Margin48%
- Avg. sales /month10
- Shopify plan
- Supplier apps (1 suppliers $25/mo each)
Physical inventoryNot Included
Logo and branding assetsAll logos and images with be transferred as well as contact for private label company via email
Personal support after saleNot Included
Product photosStored on Google Drive folder, which will be transferred to the buyer.
SuppliersWe will provide the buyer the contact information for our suppliers.
How to grow this business
Content + SEO (how-to guides + video). Rebrand Expand product line + partnerships Ads Subscription Boxes Reseller network Brand Ambassador
Paid social advertising offers a great opportunity here. This industry is growing massively, and gets strong engagement on social platforms.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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.