$50,000 USD

Private listing #241002

Appears in Toys and games , Established stores, Pennsylvania, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Inventory, Private listings, Business and Franchises under $50,000, United States, Philadelphia

General description

[PRIVATE INFO] is a strictly online business with both retail and wholesale trade of slow rising squishy toys and related gifts. Squishies are truly the ideal mail order product. They have an indefinite shelf life, can't be damaged in the mail and weigh just a few ounces! The company launched on Black Friday of 2016 after learning about the trend through our young daughter. I noticed a demand for an honest and reliable US-based squishy shop, and the idea was validated with an instant stream of traffic. The popularity of slow rising squishies has since skyrocketed. Google Trends has tracked a 242% increase for this query in the last 18 months. Despite this explosion, it remains difficult to find reliable distributors and it takes time to gain access to the high-demand premium brands. My suppliers have been thoroughly vetted, are responsive and prompt. I receive early updates of upcoming releases and enjoy discounts as a frequent buyer because of these strong relationships. [PRIVATE INFO] visitors break down into three basic groups: 1) Children and teens, mostly girls, in the U.S. 2) Adults buying gifts for children and teens 3) Wholesale customers buying in bulk (brick and mortar retailers in the U.S. and Canada) Organic traffic from Google searches and returning customers make up the lion's share of the visitors (averaging more than 17,000/month). Social media accounts are established, Instagram and YouTube being the most active. Note that sales increased 174% during the months of November and December. The current model is to drop ship wholesale orders but to ship retail orders from inventory stocked at my location in the US. It would however be easy to return to a drop ship only model. Existing inventory has a retail value of about $9,500 including about 100 unique products with live listings. This inventory is included in the sale of the business and will be shipped to the new owner. I recently had a baby and, while it is an ideal business to run from home, it is hard for me to grow the company as a new mom. The website generates great traffic as is and requires only minor maintenance. The squishy trend continues to grow, and there are many new avenues to explore. With our loyal customer base and dependable suppliers [PRIVATE INFO] is a solid and proven enterprise with a promising future.

Financials and traffic

Significant reinvestment into inventory would be eliminated by reinstating the drop-ship only model.

Average profit/month

$950 USD

Average overall profit margin

15%

Average number of sales/month

115

Value of inventory

$9,500 USD

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Business Expenses

Subscriptions costs include Shopify Apps currently installed.

Expense item

Cost

Shopify plan

$71.00/month

Subscriptions (ie. Mailchimp, apps)

$40.00/month

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

$150.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

I stock a balance of reliable best-sellers and new products. The full inventory is currently kept in 3 file cabinets but could be compressed for more compact storage.

Located in Philadelphia

Willing to ship inventory

Willing to transfer relationships with suppliers

Sales and marketing

Marketing strategies

SEO (Google traffic)

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

Social media followers

700 people

Features

Theme

Sunrise – $160 value

Products

504 products

Advertising

Google Analytics

Apps

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
A06a73791138d8d7f2ef1d0d2c918e64

MailChimp for Shopify

1333a1b83ccdf7a7a55dbcbab2f5cff4

Kit

141fca8b1645b7bb88153afff62cb14c

Google Shopping

B7dd6d1184a7a42c04dcf34ee4b72745

Plug in SEO

+ 17 more...

Q & A

Why should someone buy this store?

This is an ideal ecommerce store, with a loyal customer base and with great potential for additional growth.

How can the future owner improve the business?

Future possibilities include expanding the wholesale shop to include larger lots, facilitating custom squishy designs and/or custom packaging (manufacturers, MOQ and quotes have already been acquired), selling on Amazon FBA, strengthening existing relationships with social media influencers, and partnering with competitors for improved buying power.

What work have you put into the store?

A community of eager followers recognize my brand as an honest and friendly trendsetter. Combined with my solid supplier contacts, the company is poised for continued growth and success.

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

20 hours

$50,000 USD

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