- Avg. revenue /month$8,899
- Avg. sessions /month118
- Avg. profit /month$5,000
Business Story
Why this business was started
From 2014 to 2016 I was put in charge or running and managing a similar business who just launched in Canada ([REDACTED]). I was able to take the business from its infancy stage to generating well over $250,000K in sales monthly. Making the business relations and providing the best customer service, it only took 2 years to become one of the leading companies in Canada for massage supplies. Unfortunately in October of 2016, I got into a motorcycle accident which left me out of commission for over 6 months in which time the owner of [REDACTED] could not operate the business the way I had it set up and so closed the entire business. After my full recovery in 2017, I decided not to let my last 2 years of hard work go in vain, and so I drove out to Canada and set up my own business as I already had the customer base, and had good relations with manufacturers and warehouses.
The reason of selling this business
I made enough profit with my business to own my first home and start a new business locally. I also realized that I can only take this business so far with the time that I have available to dedicate to it. I have not been active for the past year and a half although I get emails from customers on a weekly basis looking to buy products. I simply no longer have the time as I rather focus on my other businesses.
What's involved in running this business
Contacting Manufacturers/ Purchasing products (From China), Customer Service, Sending daily orders to warehouse for shipping, Working with Resellers to best distribute your brand, Running Ad Campaigns (optional).
Traffic and Performance
- Avg. revenue /month$8,899
Verified
- Avg. sessions /month118
Verified
- Avg. profit /month$5,000
- Profit Margin20%
- Avg. sales /month15
Expenses
- Shopify plan
- $29/month
- Domain
- $20/year
- Warehouse Storage
- $500/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
Images of Logo can be sent via dropbox.Personal support after sale
I am willing to spend a few sessions with the new owner over the phone to go over product details, manufacturer contact info, warehouse contact info, and domestic shipping account info. I can remain as a point of contact incase any questions or issues come up for the first 6 months of business.Domain
Product photos
Product images can also be sent via dropboxSocial media
Not IncludedSuppliers
Manufacturer info with Wholesale purchasing rates Warehouse info Distributors infoMailing List
Not Included
Seller‘s Advice
How to grow this business
Add a variety of products to reach a wider customer base. Tap into more medical markets with disposable products, such as face masks and gloves.
Skills to have
Communications with manufacturers overseas, (Will provide Manufacturer info from China) Understanding of the Canadian geography Semi-Fluency in French (As 10% of customers are from Quebec) Understanding of shipping and transport throughout Canada and rural areas Customer Service - Makes or breaks the business
Tags
Similar Businesses
- $1.5k
Sold businesses
Our features for a secure experience
Exchange Trust
- 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.