This is a Shopify/eCommerce Store with all related assets on a Dropshipping Model.
Highest Profit Month: 84k USD
Total Revenue: $1,056,435 USD (20 months)
14k USD Net Profit for July 2018
- 30 Days of Support from the Store Owner so you can learn how to run the entire process properly and scale to earn high 5-figure profits?.
- 21,082 emails of customers who purchased at least once.
- Supplier contacts provided
- Aged and Established, 20 Months Old.
- 21 Facebook Fan Pages to funnel product specific customers to the General site. (all can be transferred or you can take whichever are relevant).
- All Facebook Pixel data so you can retarget paying customers and see the full history of promoted products.
The cost of operating this business includes:
The Shopify Membership: $350/mo
Gateway Fees: 10% of Revenue
Cost of Goods: Collected after the customer pays due to the dropshipping model.
Advertisement Spending: Around 20k USD for advertisement spending will promote the best returns initially from which more can be scaled as your profits go up. i.e The advertisement spent was 74k USD for the month that 85k USD Net Profit was made. The ideal new owner would be someone who is experienced in marketing or is familiar with e-commerce selling.
Number of Products: 50
Buyer cooperation and is required when transferring all assets. Typical time frame is roughly 5-20 days to get all assets transferred. Sedo escrow is typically what I use to transfer the domain and ensure all assets are transferred and inspected before your investment is released to me. Paypal is not accepted due to scammers exploiting their refund policy.
Currently, we are sourcing a cheaper supplier in connection with our other colleagues. We estimate that the profit margin % can increase up to 15% which could almost double profits. The store does not get all of our time so there is much more money to be made. In the past 85k USD net profit was made when the proper amount of time could be invested to scale. Currently, there's not enough time to run this store due to other businesses, this is where the new owner can capitalize on the investment that reflects lower profits when the store is capable of much more (as demonstrated in the past)
Competition / Market:
There are other General Niche eCommerce stores but the products and ads specific to the website are unique so we don't notice any competition.
Reasons for selling:
Other business ventures require our time so we do not have time for this store anymore. The current profits are being created with minimal effort, this is where the new owner can capitalize.
1 for inventory management and fulfillment, but you could outsource a Virtual Assistant to automate some processes of the store.
Support & training:
30 Days of support and initial training will be provided. This is for people who are experienced with Facebook ads and Shopify and does not include A to Z training for people new to the industry. A to Z training can be provided for 10k USD per month with an estimated 3 months to learn the industry/business.
We cannot do any financing.
Contact me if you have questions or want to know more details.