Previous store Next store

$50,000 USD

Caim & Able

www.caim-able.com

Appears in Health and beauty , Inventory, Australia, New South Wales, Sydney, Business and Franchises under $50,000

General description

I started the business in 2013, however relaunched at the end of 2016. The story behind the decision was a merging of three factors; 1). I wanted others to benefit from the powerful pain releif Id discovered, simply by taking a bath. 2). There was a real need on our community for funding, to help keep the doors open to the crisis accomodation/shelters, for women and children fleeing domestic violence. I donate funds to this cause. 3). I was keen to help create work for people living with a disability. they package all of my products. Inluded in the sale is the domain name, shopify website, the social media accounts and the product formulations. I make all the products myself, they are packaged offsite and 90% the inventrory is held both offsite, 10% is held my be. I do not dropship. The past 4 years have been spent creating awareness of the brand, educating consumers on the benefits of transdermal magnesium and the need for an alternative to synthetic supplements. To build the customer database, Ive held competitions, created a loyal following of custoemrs with a high percentage of repeat purchases. In temrs of advertising, it is an expensive exercise which rarely delivers a ROI, I have therefore taken a print media campaign only the once, it was moderately successful. The majority of marketing is done via "dark posting" on Facebook. I recently attended a Gift Fair/Expo and won the category for "Best New Talent" My customer database is ok, with close 1000. Due to ever limiting time, it has been another area I have not applied the attention it deserves to grow it. The potential for international trade is phenominal, again I do not have the time to develop it.

I am very proud of the business Ive created, and it is really only at the beginning of its growth, however it requires more time than I have to grow. I am a single mother with a young daughter that never sees me, I want to spend time with her and she deserves a mother that is around for her.

Financials and traffic

These figures are website sales, the real value is in D2B - retail accounts. The real sales are direct to retailers, the total sales for the business for the past 8 months exceeds $143k. The website is really only used as an awareness tool, to create brand awareness.

Average profit/month

$4,000 USD

Average overall profit margin

74%

Average number of sales/month

80

Value of inventory

$1,800 USD

Unlock all listing data

Gain free access to traffic and revenue data for all listings on Exchange with your Facebook or Google account.

Sign in

Business Expenses

I work from home, the staff are not my own and therefore my overheads are really the raw materials and freight.

Expense item

Cost

Shopify plan

$79.00/month

Subscriptions (ie. Mailchimp, apps)

$18.00/month

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

$200.00/month

Inventory warehouse

$1.00/month

Employees (Including contractors and freelancers)

$400.00/month

Domain

$8.00/month

Inventory

I try to keep the inventory on hand low at all times, there is minimal stock to ship. All products are salt based and have a very long shelf life, there is little to nil ullage/waste.

Located in Sydney, Australia

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

Facebook

caimandable

Instagram

caimandable

Newsletter list

825 subscribers

Social media followers

3,200 people

Q & A

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

I have one person that processes all online orders, she works 10 hours a week. I also have a disability enterprise located near to where I live, that packages my products. The social media team that looks after my SM, is based in Sydney also, about an hour from my home.

Why should someone buy this store?

The business is not convoluted, it is relatively simple with enormous potential.

How can the future owner improve the business?

Streamline the manufacturing process, focus on the international market. Promote the brand to different channels of business - pharmacy is an obvious direction.

What work have you put into the store?

Initially a phenomenal amount, over tjhe past 12-18 months this has dwindled simply due to time as a single mother

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

40 hours

$50,000 USD

Message store owner

Exchange Trust

Secure messaging platform

Only use our messaging system to send offer and communicate safely with the seller.

Protect yourself when buying

Exchange's payment flow provides enhanced security and protection when buying and selling stores to help avoid fraud. Here's why.

Ready to become a store owner?

Buying a store on Exchange? Make sure you contact Shopify Support to help you safely transfer ownership.

Contact seller