- Avg. revenue /month$6,164
- Avg. sessions /month2,373
- Avg. profit /month$1,200
Why this business was started
I started this store because the product basically speaks for itself: it is an eye-catching and overall an extremely effective product. It has the potential to become an extremely huge brand because the market this product caters to is 1) Extremely Hungry 2) Has excess money to spend on similar types of equipment like the WaterProof Bag
The reason of selling this business
I have decided to sell my business for a few reasons. First, I am a full-time engineering student and don't quite time to manage the store myself (as well as I don't have too much extra capital to properly run it). The other reason is because I am currently running 2 other stores at the moment and don't believe I have the time to give this store the attention it needs. WaterProof has extreme potential and it needs someone to focus all of their attention to!
What's involved in running this business
The day to day tasks are extremely manageable: fulfill orders and answer any customer emails. The main "big picture" tasks that happen overtime are things like testing new marketing angles and trying to find new audiences to expose your product to.
Traffic and Performance
- Avg. revenue /month$6,164Verified
- Avg. sessions /month2,373Verified
- Avg. profit /month$1,200
- Profit Margin20%
- Avg. sales /month210
- Shopify plan
- Facebook Ads
Physical inventoryNot Included
Logo and branding assetsI will send you all of the branded photos and photos I have for the brand via email
Personal support after saleI will be able to help you understand what the day-to-day tasks are/Give some insight on what I'd do in the future (~1 hour zoom call)
Product photosI will send these via Email
SuppliersI will be giving you the contact information and connection to my agent in China that will help you negotiate prices and fulfill orders
How to grow this business
This store is currently running ver minimal ads in order to prep the store for the upcoming owner. Feel free to reach out to me for more information!
The outdoor recreation market is an extremely passionate market where the customers in it are hungry for products like the WaterProof Bag. They crave adventure and want to make their lives easier... and that's how I'd continue to brand this product! Make "WaterProof" become the one-stop shop for waterproof gear.
Skills to have
I believe that the business is relatively simple in nature. Whoever inevitably takes ownership of the store needs to have the mindset to constantly test new ideas to try and improve the business
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.