Previous store Next store
Screenshot of sold business inspiredlotus.com

InspiredLotus.com

inspiredlotus.com

Appears in Fashion and apparel , North Carolina, Business and Franchises under $5,000, United States

General description

Selling a shopify dropshipping store that I was active with summer 2017 but got busy and it has been sitting on Shopify with shopping cart inactive since October 2017. I realized 4 months have gone by and I haven't had time to focus on it so I am just going to sell it.

It targets Buddhism/spiritual/yoga type of customers and there are tons of products you could add and lots of active interest groups to target.

Here were the stats from Summer 2017(June-August) when it was active (All traffic is USA based traffic). Total Sales $2069 Visits 2579 Repeat Customer rate 8.11% Store conversion rate 2.91 % Average order value $29.17

The store was slightly profitable as I tested ads and engagement is good but I just didn't have time or experience with Facebook ads to keep testing it to optimize my ads.

The traffic was generated from facebook and it has a fanpage of over 1,000 fans(it still gets fans with no marketing). The product was dropshipped direct from China/Aliexpress. The site had no customer complaints.

It is a targeted market that you could get repeat customers for and it has good margins. Also you could look at dropshipping USA sourced products from places like Etsy.

I can provide a spreadsheet with all the product vendors.

Net margins were low because it combines the entire 3-4 months I ran the store where I was testing ads and products and removed products that weren't converting so the conversions improved after the initial couple months.

Financials and traffic

Net margins were low because it combines the entire 3-4 months I ran the store where I was testing ads and products and removed products that weren't converting so the conversions improved after the initial couple months. The product margins are pretty large for this market which gives you a lot of room for testing.

Average profit/month

$50 USD

Average overall profit margin

2%

Average number of sales/month

22

Total revenue for last 12 months

$1,862.00 USD

Total traffic for last 12 months

2,185 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

There are no subscription costs currently on the store except Shopify but you would probably have to add a aliexpress dropship app like oberlo to make it easy to order/track products. (The dropshop app I used isn't available to the public anymore and Oberlo is honestly better than what I used)

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

1,093 people

Q & A

Why should someone buy this store?

Selling because I am not pursuing e-commerce. Store would be good for starters who want a store that has converting products or anyone who is more knowledgeable at optimizing a store for conversions and running FB/Instagram ads.

Keep in mind that these sales were all during during the typical slow summer season.

How can the future owner improve the business?

Optimize conversions and run paid ads or traffic to the store. Instagram ads would work very well for this store.

What work have you put into the store?

Tested products, researched markets and competitors, found good products that sold. Store was profitable.

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