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$125,000 USD

KORAH Beauty

korahbeauty.com.au

Appears in Health and beauty , Established stores, Australia, Queensland, Brisbane, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Inventory

General description

KORAH Beauty was created in January, 2017 with a clear vision to provide the latest trend in beauty & cosmetics at exclusive and affordable pricing that you cannot find elsewhere. We have taken the time to establish a strong social media presence that has helped significantly in increasing overall store traffic & sale conversions.

KORAH Beauty is currently for sale and will include: eCommerce site (powered by Shopify) - Facebook Account - Instagram Account - Youtube Account - Branding & domain(s) - Access to all files (i.e. logo design, colour guide etc.) - Email subscribers (currently 17000+ subscribers) - Transfer of all Google Adwords & Facebook Ad accounts - Inventory (shipped free of charge) - Total ownership of & everything relating to KORAH Beauty.

With over 23,000+ happy customers and 70+ products in-store, the last 15 months have been amazing in terms of interest and growth for KORAH Beauty, especially within the Australian market.

The last 15 months have brought in a total of $359,415.48 AUD ($272,490.88 USD) in terms of revenue, with a total of 237,304 unique online visitors to our store. We have accumulated a total of 12,000+ Facebook followers & 4.8 million Facebook video views. We also have a strong Instagram following with a total of 17,000+ active followers & high engagement on all our posts. Furthermore, there are a total of 17,335 email subscribers that receive promotional material and specials from KORAH Beauty.

KORAH Beauty has an extremely high in-store conversion ratio at 7.13% & KORAH Beauty has been placed in the top 1% for store traffic in comparison to other stores that launched within the same time frame on Shopify.

Our main source of marketing has been done through Facebook, Instagram & Google ads along with multiple social media influencer promotions that has created a strong customer base and social brand awareness that has allowed KORAH Beauty to really flourish in the relatively short time it's been active.

KORAH Beauty started out using a traditional business model (importing products & sending them out to customers myself via Australia Post) before transitioning to the Drop-shipping business model that is used in-store today. There is some inventory left that will be included and shipped out free of charge with the purchase of KORAH Beauty.

I would absolutely love to sell KORAH Beauty to someone who wishes to really nurture and continue growing the brand name as a lot of time & effort has been put in to get the store where it's at now. Please feel free to contact me with any questions you may have & keep in mind the price is negotiable.

Kind regards, Zhouwen

Financials and traffic

Average profit/month

$15,014 USD

Average overall profit margin

78%

Average number of sales/month

1,197

Value of inventory

$58,824 USD

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Business Expenses

I have reduced operating expenses (mainly advertisements) to the minimum required, in preparation for someone new taking things over and running KORAH Beauty the way they want to.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$7.00/month

Domain

$1.00/month

Inventory

All KORAH Beauty inventory is being held in my personal garage and I am happy to send all the inventory free of charge with purchase of KORAH Beauty.

Located in Brisbane, Queensland, 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

korahbeauty

Instagram

korahbeauty

Newsletter list

17,335 subscribers

Social media followers

29,000 people

Q & A

Why should someone buy this store?

KORAH Beauty is a successful online beauty store for sale with an extremely strong presence within the Australian market. We are a drop-shipping store, however we hold inventory from our past business model that will come free of charge with the purchase of this store. Almost all the items ship from manufacture directly to consumers. There is potential for massive growth, and I have successfully created and managed the store alone for the full duration of KORAH Beauty's life span - the store can be managed easily by a minimal amount of people.

How can the future owner improve the business?

Perhaps focusing more on social media presence. Lowering the product cost and offering a more competitive pricing by obtaining a closer relationship with suppliers. Also focus on expanding to the international market.

What work have you put into the store?

I single handedly started, designed and promoted KORAH Beauty starting January 2017. I have completely designed all my ads, designed the store interface, implemented all the products in-store for sale, collaborated with many worldwide social media influencers including Tammy Hembrow & others to create a strong customer base and online presence, especially within Australia.

$125,000 USD

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