Why this business was started
E-commerce is a great way to start a near passive income stream and I have done this several times before. I enjoy the healthcare industry and fitness/wellness, so I decided to make a store around that. I use many of the types of products you see in the store.
The reason of selling this business
I must sell to pay for a medical procedure that is not covered by my insurance. This came at a surprise and at a very inopportune time right before the holidays. I have to raise some capital to pay for these bills and this is the asset that I have to do that.
What's involved in running this business
marketing focus products processing orders communication with supplier emails with customers I was anticipating 4-8 total hours per week at full tilt with this store.
- Shopify plan
- shopify apps optional
Physical inventoryNot available for starter stores
Logo and branding assetsEverything will be transferred to new owner There are no copyrights or trademarks to deal with
Personal support after saleI will send you all info regarding the US based distributor once the sale has gone through a couple hours of support will be more than enough to get you acquainted with everything
Product photosthrough the store
Social mediaNot Included
SuppliersNot available for starter stores
Mailing ListNot Included
How to grow this business
This store is essentially ready to go. I have not marketed the store yet, as I need to sell it to pay for some unforeseen medical expenses. There are thousands of health related products already uploaded on the site with great images. I have utilized a single US based distributor that has a great reputation for speed, service, and quality. So many hours have gone into making the store great, and I know anyone can really make it profitable. I did not want to make any "fake" sales for a month or two, so the store is as it is and is considered a "beginner" store. I think the potential is to conservatively run a $10K NET PROFIT per month with a very moderate ad spend.
Skills to have
Basic knowledge in e-commerce and some digital marketing would be helpful. All of this can be outsourced to a VA for a pretty affordable fee as well.
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.