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$21,500 USD

TurninGEAR [Established Fishing / Camping Store www.turningear.com]

www.turningear.com

Appears in Sports and recreation , Established stores, United States, Texas, McKinney, Oberlo stores for sale, Business and Franchises under $50,000, Dropshipping, Lifestyle, Home Business for sale

General description

We started this store from the ground up 9 months ago. This store has everything you need. It is a Great opportunity for someone to scale this to fullest potential and who loves Fishing and eCommerce!

This store has grown in 9 months. We gained approx. 2000 customers, approx 4000 instagram followers and almost 2000 Facebook Fans.

This Shopify store is mainly a dropshipping store with over 300 products mainly including fishing / Camping gears and accessories sourced from China.

The markup for drop shipping products is usually 63% and we were able to keep 30+% after cost of goods sold and advertising.

TurninGEAR has a few suppliers we work closely with, especially for various kinds of reels and lures which are our winning products. We have build special relationship with the suppliers that basically response to our queries within a few hours and take urgent action when we need them. These suppliers have also provided us with highly discounted prices, so these are relationships that have been created over time which matter so much in the dropshipping business.

My Team and I basically started this eCommerce store to have this online business but because of fast growth, I have not been able to pay much attention to this growing business simply because as I have a full time role as a Senior Vice President with a financial firm and I have been pulled in different directions. Although I would like to continue to grow this business but I don't really have the bandwidth and hence looking to sell. As mentioned earlier this store has huge potential and our followers and email list have been working very well for us and we believe the majority of them are true fishing enthusiasts which make these assets very trustworthy and lucrative if you intend to use FB ads, social media, and email marketing. The FB audience is tremendous asset as you can use these buyers as Look Alike Audience (LLA) based on Facebook ads which we use extensively to generate sales.

Financials and traffic

PLEASE NOTE: We have stopped all Facebook Advertising starting in May since we are looking to sell this store. The markup for drop shipping products is usually 63% and we were able to keep 30+% after cost of goods sold and advertising.

Average profit/month

$2,044 USD

Average overall profit margin

30%

Average number of sales/month

105

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Business Expenses

FB Advertising cost: 2754 / month These are the expenses based on Facebook Ads. Facebooks ads can be scaled up or down based on your experience in Facebook advertising.

Expense item

Cost

Shopify plan

$29.00/month

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

$2,754.00/month

Domain

$0.00/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

1TurningGEAR

Instagram

turningear

Pinterest

turningear

Newsletter list

2,000 subscribers

Social media followers

6,000 people

Q & A

Why should someone buy this store?

This is a very well established store with very hard work, dedication, and patience. It is fully functional shopify store in the fishing niche. we have done the hard work with huge social media following and almost 2000 email subscribers.

How can the future owner improve the business?

This store has a potential to grow tremendously. Continue Facebook ads, continue email marketing and improve what we had. Find winning products (which is a continuous work for any eCommerce store). Engage the social media followers buy running giveaways, live events, etc.

What work have you put into the store?

The hardwork in establishing the brand has been already done! Usually most of the hard work goes into establishing the store, uploading products and creating relationships with suppliers. You will not need to do that work as it's already being done for you. We started actively advertising and selling products in September / Oct of 2017 and our main revenue source was Facebook advertising. When we found a winning product, it was more profitable to sell it through shopify and that's where you see the spike of sales. Depending on how many orders you need to fulfill, we were spending 6-8 hours a week including customer support calls and emails (but we didn't have a huge volume of orders through shopify but Facebook ads.

$21,500 USD

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