All prices in USD
  • Avg. revenue /month
    $3,789
  • Avg. sessions /month4,982
  • Avg. profit /month
    $1,900

Business Story

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.

This business was founded: over 1 year ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $3,789
    Verified
  • Avg. sessions /month4,982Verified
  • Avg. profit /month
    $1,900
  • Profit Margin48%
  • Avg. sales /month10
Other details about profit: Currently numbers are low because of the new job and putting no time into the site or advertising. cost per click is low (average is about $0.25 on FB right now with the right campaign) Average profit margin on products is 43% to keep an edge on competition but you could raise prices a bit over time. I keep prices on the low side of average to capture new customers.
Total revenue
  • $71,994
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 94,674Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $10
      /year
    • Supplier apps (1 suppliers $25/mo each)
      $25
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All logos and images with be transferred as well as contact for private label company via email
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      Stored on Google Drive folder, which will be transferred to the buyer.
    • Social media

      Total followers1,900subscribers
    • Suppliers

      We will provide the buyer the contact information for our suppliers.
    • Mailing List

      1,200subscribers

    Seller‘s Advice

    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.

    BM
    Bart M.Current store owner
    Work in Software industry in San Francisco. Spent October<>January consulting (acquiring this site late January). I received an offer for my dream job in February, which I accepted and went Full-Time (plus continuing consulting roles), so I’ve not had time to focus on this business.

    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.