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$1,000 USD

Hyprsound

hyprsound.com

Appears in Electronics and gadgets , United States, Mississippi, Business and Franchises under $5,000

General description

Hyprsound is a store that opened around 1 year ago. We had 3 product launches and sold out within 72 hours of each launch. In total, we sold over 200 headphones ($10,000+ revenue) using shopify, ebay, and amazon channels.

The store was formally known as hyprbuds but it was recently rebranded to hyprsound. We did this to expand the product line (headphones, earbuds, and speakers).

Hyprsound has been stagnant since November 2017, due to issues with our manufacturer and us starting new business ventures. I have recently spoken with multiple manufacturers selling products in our niche willing to oem products. Most of these suppliers require bulk orders (moq) and no dropshipping.

Hyprsound is well established and has a great brand image. I am positive that it can easily be brought back to success with the right person! But know that it will take up front costs for buying and testing new products and finding the right supplier.

In our time of business, most success came from working with affiliates on Instagram. We didn't really use Facebook much at all! We built an instagram account with over 100k followers (@hyprbuds) and worked with several fitness influencers at the time of which we were selling our product (hyprbuds). *Note that this listing does not include the instagram or facebook accounts, but if you would like to make an offer feel free :)

For whoever buys this store, I will personally help you find a new supplier. I will ship you a new pair of hyprbuds. I will also share some tips and strategies to help lead you in the right direction. If you have any questions about this store please email me and we can talk further. Thanks :)

Financials and traffic

Average profit/month

$1,000 USD

Average overall profit margin

50%

Average number of sales/month

25

Total revenue for last 12 months

$2,682.00 USD

Total traffic for last 12 months

3,750 Sessions

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

Business Expenses

Expense item

Cost

Shopify plan

$30.00/month

Domain

$1.00/month

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

hyprbuds

Instagram

hyprbuds

Newsletter list

125 subscribers

Q & A

Why should someone buy this store?

You should buy this store if you are interested in starting a business in electronics. Our brand is established, and our product, Hyprbuds, is as good as the Apple Airpods (obviously, we are a bit biased).

How can the future owner improve the business?

The future owner can improve this business by finding the right supplier to work with, establish relationships with affiliates, and use Facebook ads

What work have you put into the store?

I have built the store, the brand, found a winning product, researched the competition extensively, and established relationships with multiple fitness influencers.

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

4 hours

$1,000 USD

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