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$100,000 USD

Private listing #549342

Appears in Fashion and apparel , Established stores, Canada, Ontario, Private listings, Inventory, Business and Franchises under $100,000

General description

I started this company in 2014 with the last $400 to my name. Each year the company has grown substantially. For the last 3 years I have been running two separate platforms, a Canadian website and a US/International platform, so the revenue is skewed. Upon purchase, we can sync both platforms to a standalone Shopify platform. I still run this company on my own but I have started a second company that is taking up a lot of my time in a different sector, so it's difficult to maintain fluidity through both companies.

I have done everything myself from the start up until now, including social media, emails, shipping/receiving, packaging & all of the designs. If purchased, I am willing to help as a graphic designer to help ease into the transition easily.

This company is very big in the fitness community worldwide, especially in the powerlifting/weightlifting/crossfit segments as well as smaller niche markets such as low carb lifestyles and ketogenic lifestyles. Based on projections your investment will be made back in a few months time. I just don't have time to run this anymore. I hate to see it go but there isn't enough time in the day for both.

When people shop on my platform the average dollar per sale is averaging $90-100USD per transaction. The trend I've seen with new customers is that they tend to buy one item to see what the shopping experience is like. More often than not, customers are back within a week to purchase substantial orders.

The platform has many customers with over 10+ orders and incentives are given to those loyal customers for their support.

Financials and traffic

Average profit/month

$20,000 USD

Average overall profit margin

70%

Average number of sales/month

150

Value of inventory

$20,000 USD

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Business Expenses

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

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

$100.00/month

Inventory warehouse

$1.00/month

Domain

$0.00/month

Inventory

Lots of inventory is kept on hand as the company is very active in retail stores, gyms,

Located in Toronto

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

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

Social Media

Social media followers

15,000 people

Q & A

Why should someone buy this store?

It makes a livable wage for 1 or more persons.

How can the future owner improve the business?

More advertising. I have never paid for advertising so the expenses are $0.

What work have you put into the store?

I have put everything into this store, by myself. I just don't have time to continue with two businesses.

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

40 hours

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