$20,000 USD

The Vak Shack

www.thevakshack.com

Appears in Food and drink , Established stores, Florida, Business and Franchises under $20,000, Inventory

General description

The Vak Shack was established in 2008. We offer a consumable product that needs to be replaced on a consistent basis...vacuum sealer bags for home vacuum sealer machines. Our target customers are gardeners, hunters, fishermen, people who buy in bulk and freeze in smaller portions, small restaurants, delis, sous vide restaurants. Our bags are a generic bag that is guaranteed to work in ANY home sealer (can be purchased from Walmart, Weston, FoodSaver, etc.) but because we buy in bulk we are able to pass the discount on to the customer.

We currently have a 1500sqft warehouse to store the pallets/boxes of bag and roll inventory and you must be able to make at least $20k orders at a time to secure pricing discounts. This is a labor-intensive model as it currently stands in which someone has to maintain inventory and ship product. However, there are great margins on drop-shipping the machines.

Financials and traffic

This is dependent on your marketing efforts and the larger inventory purchases you are willing to make the greater your discounts and margins.

Average profit/month

$2,000 USD

Average overall profit margin

30%

Average number of sales/month

100

Value of inventory

$10,000 USD

Total revenue for last 12 months

$38,005.00 USD

Total traffic for last 12 months

15,615 Sessions

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

Business Expenses

Your expenses could be as minimal as you'd like...I pay for a newsletter service, domain, shopify site, phone system, marketing, sales tax, accounting.

Expense item

Cost

Shopify plan

$150.00/month

Subscriptions (ie. Mailchimp, apps)

$200.00/month

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

$200.00/month

Inventory warehouse

$100.00/month

Domain

$16.00/month

Inventory

You must be able to purchase mininum $20k orders to secure discounted pricing. There is a secondary supplier who has even better margins but you will need to place orders at minimum $65k. I stock inventory in a warehouse on my property...they are shipped in boxes on pallets. I drop-ship (do NOT stock) machines and have access to a wide line of machines.

Located in Gainesville, FL

Willing to ship inventory

Willing to transfer relationships with suppliers

Sales and marketing

Marketing strategies

SEO (Google traffic)

Facebook ads

Messenger ads

Email campaigns

Word of mouth

Online selling methods

Buy Button

Facebook

Houzz

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Instagram

thevakshack

Pinterest

thevakshack

Twitter

thevakshack

Newsletter list

7,000 subscribers

Social media followers

10,000 people

Features

Theme

Retina – $180 value

Products

68 products

Apps

60fca9c7f3400ddd43004e94b1355691

Product Reviews

A06a73791138d8d7f2ef1d0d2c918e64

MailChimp for Shopify

F3d61c764a54b22aed51cd1cc31b5a74

Privy - Free email popups with exit intent

141fca8b1645b7bb88153afff62cb14c

Google Shopping

+ 20 more...

Q & A

Why should someone buy this store?

This store can be run from anywhere in the world, as long as you have a space for inventory and shipping capabilities. There is so much potential re marketing, such as FBA (fulfillment by Amazon) and using all of the Shopify Apps. I have run this business while in college, living in apartments, raising children, working full-time. Customers are very loyal and you'll enjoy the word of mouth recommendations.

How can the future owner improve the business?

I would strongly suggest becoming affiliated with Amazon - particularly Fulfillment by Amazon. This is something I had looked into, and the margins are there, however it was something I was unable to do on my own due to time constraints. Also, take advantage of the Shopify apps and market the store better with more videos, pictures, product reviews, active social media campaigns. Also, securing better shipping rates would be helpful to improve margins.

What work have you put into the store?

I have uploaded all of the inventory (a great deal is "hidden" currently because I am low on inventory, as I did not want to make a large purchase order in the event the business sells). There is a lot of SEO already established in the store. Customers are familiar with the website. I've added videos and product reviews. There is a ton of social media following. It's been a labor of love that now runs itself, however I have started a new business and would like to cash out the effort I've invested over the past ten years.

$20,000 USD

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