The site was just set up a few months ago. Due to family health issues, one of the partners cannot continue with this and so we are selling the site. The sale will include all vendors information and contact info for a fulfillment center. The margins are anywhere from 500 - 700% depending on the item. This can be an excellent revenue stream for an individual who is social media savvy.
Financials and traffic
These numbers are just an example of what can be made. We currently are inactive and would like to pass on what we're created to another person who will run with it!
Average overall profit margin
Average number of sales/month
Value of inventory
Total revenue for last 10 months
Total traffic for last 10 months
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.
Any other expenses will be regular business expenses that you would incur in a business account. We are happy to train you on how to run an online store as we have run one in the past.
(ie. Mailchimp, apps)
(ie. Adwords, Facebook ads, etc.)
You can take the inventory which consists of 4 samples, and 98 pieces of one product. The rest of the inventory will need to be purchased from the supplier who we can transfer the relationship to. They are very responsive and professional. Easy to work with! Turn key business for an individual who is social media savvy and understands online marketing. We are also happy to share our online marketing tips with you and give you some resources for digital ads and retargeting to increase traffic to the store!
Willing to ship inventory
Willing to transfer relationships with suppliers
What’s included in the sale
Logo and branding assets
Social media accounts
Personal support after sale
Q & A
Why should someone buy this store?
You should buy Open Habetat if you want to take over a site that is already set up and are interested in the home decor space. If you have marketing and social media skills - this is a great chance to run with something already built. Vendors and suppliers are already set up as well and new products can be added to the shop easily.
How can the future owner improve the business?
Commit to social media presence and digital marketing to get the word out about the line. The marketplace that carries these, doesn't carry nice ones or affordable ones. You can find a few artisanal lines on instagram who hand-make them on their own and sell them for over $500 a piece.
What work have you put into the store?
Set up of site, product imagery and vendor/supplier relations.
I have run several businesses in the past and can help with advice. I took on this project to help a friend launch a side business in home decor online. Unfortunately, she had a family health issue and won't be able to commit to the side business. I am personally not interested in home decor and would love to pass on what we have set up to someone who is! :)