$650,000 USD

Private listing #817320

Appears in Fashion and apparel , Established stores, Iowa, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Inventory, Private listings, United States

General description

started out as a direct to consumers products business. We created several relationships with out side business and became national vendor for Groupon and Goupon goods as well. We are selling our email list along with the site. We currently have over 225000 email subscribers. Our relationships to Groupon buyers as well as inventory associated with this business. Last year we did $1,960,000 In Revenue. We hold inventory but also do drop shipping on certain items.

Financials and traffic

We also average additional sales on other channels as well Amazon. We did an additional 1,500,000 on Groupon sales last year which is not showing on our store revenue. Books will be provided to serious buyers

Average profit/month

$65,000 USD

Average overall profit margin

45%

Average number of sales/month

5,053

Value of inventory

$40,000 USD

Total revenue for last 12 months

$469,533.00 USD

Total traffic for last 12 months

387,040 Sessions

Revenue and traffic data from this graph is verified by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn more

Business Expenses

Groupon takes a cut per sale of each item sold on their platform however it is only taken if there is a sale.

Expense item

Cost

Shopify plan

$169.00/month

Subscriptions (ie. Mailchimp, apps)

$2,000.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$1,000.00/month

Inventory warehouse

$1,500.00/month

Employees (Including contractors and freelancers)

$10,000.00/month

Domain

$4.00/month

Inventory

Located in Des Moines

Willing to ship inventory

Willing to transfer relationships with suppliers

Sales and marketing

Marketing strategies

Email campaigns

Online selling methods

Online Store

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Newsletter list

225,000 subscribers

Social media followers

2,000 people

Features

Theme

Masonry – $180 value

Products

358 products

Advertising

Google Analytics

Apps

73a22b17902837f091a634e54426e2e4

MODALYST

  • Offer a large variety of products without investing in inventory
  • Onboard new brands in seconds with just one click
  • Stay updated on inventory levels, imagery, and descriptions – all synced in real-time
B1983a5240f536f4369a3e5861489e9c

Oberlo

  • Easily import dropshipped products directly into your store
  • Have your orders shipped directly to your customers
  • Know that your inventory and prices are always up to date
F3d61c764a54b22aed51cd1cc31b5a74

Privy - Free email popups with exit intent

38fdc008d044b95511d73b59ae0cc83f

McAfee SECURE

5edd9000b933a8fa88c152d1e498531f

Klaviyo Email Marketing for Shopify

Ad48625f75f509b7fec5de894a62d003

Product Upsell

+ 24 more...

Q & A

Do you work with any employees, freelancers, or contractors?

They are located in house and not willing to work for new owners.

Why should someone buy this store?

It is really the relationships which can be massively scaled we never had the man power or wanted to take it to that level. We would typically do 3 to 5 deals a year with our Groupon relationship and see well over 20,000 purchase of the product offered. We would submit close to 10 -20 deals a year. So it can be scaled. Our massive email list get about a 12% open rate.

How can the future owner improve the business?

scale Groupon and relationship with them as well as scale the product line onto amazon ebay ect... create referral programs that can build the list as well.

What work have you put into the store?

We have owned this store for about 2 yrs now and have seen growth year over year. We have optimized our site to convert well have about a 17% conversion on sales.

How many hours does it take to run this business per week?

12 hours

$650,000 USD

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