Weebumz is a brand about making life more fun. We sell high-quality, safe, non-toxic items that make life more fun. We have been around for about 2 years, sell our private labelled products and do drop-shipping directly from China to our customers door-step, on Amazon, Groupon and are about to start selling on [REDACTED] as well. We are currently selling in the US, Canada and are expanding to the UK. We were then planning to take on Japan next!
This is a small company that has systems in place to be run with 2 people. More people could be added for quicker growth. We're currently doing about $100k in sales annually through all of these avenues. We have the income statements to show this.
Financials and traffic
This business is easily scalable with the systems we have in place. At only an average of 10/sales day we average about $3000/mo. in profit. If we do 20 sales/day that = $6000/mo and we have hit the a few times already. This Shopify store is only tracking/showing the sales through one of the 3 sources, when we add the other platforms sales to the picture, it is much more lucrative and they go hand-in-hand. So the total revenue for the last 12 months that shows below is inaccurate. We have the books and reports from the actual platforms to show an accurate #.
Average overall profit margin
Average number of sales/month
Value of inventory
Unlock all listing data
Gain free access to traffic and revenue data for all listings on Exchange with your Facebook or Google account.
Do you work with any employees, freelancers, or contractors?
My assistant works remotely from Philippines. She has been with me for 3 years and is very loyal ad dependable.
Why should someone buy this store?
It is established. It has systems. It is relatively easy to run. It has a lot of potential if you're willing to invest some time and can grow really quickly if a lot of time and money were to be invested. Plus, it already makes a profit.
How can the future owner improve the business?
Be clear on the brand and direction.
Keep researching and adding new products.
Keep testing and driving marketing to those products.
Keep up the customer service.
What work have you put into the store?
Created the brand. Colors, logo, tag lines, etc.
Created all of the systems to make it semi-automatic.
Researched and added several products that sell on a consistent basis.
Tested a re-tested marketing that works to drive converting traffic to those products.
Created and grew all of the social media sites that go with the brad.
Have a list of hundreds of people in the target market to do more marketing to with future related products.
Have a list of 11 "Mom Groups", where you can post to, that reaches millions of moms to tell about future and existing products.
Have a blog created.
Have researched all of the top keywords
Have a list of marketing gurus that can get your products to #1 page on Amazon for each keyword
Hired, trained and established relationship with a reliable employee to run the business so I could focus on the growth.
A list of suppliers and contract workers to hire when needed.
Found and hired an awesome graphic designer that gives great value.
Created the packaging for the private label products.
Found suppliers that can make those private label products.
I started this business from the ground up and learned through trial and error what works and what doesn't work. The 1st year was a loss and now it is established and making a profit. You can skip all the trial and error and start with what is already working to just keep adding and growing it. Since it generates a profit of $36,000/yr. The value of this business is estimated at that x4. It is just the beginning. The systems are in place. All you need to focus on is adding more products to double, triple or quadruple those revenues.
I have been in business for 20+ years. I was VP of Operations for Quizno's Canada Director of Operations for Southern CA. Taco Bell. I started a multi-million dollar real estate investment company from scratch and wrote a book about how I grew that empire to $20+million in 5.5 years with no money.
I'm passionate about business. I'm an entrepreneur. I love creating businesses and then selling them. I'm also a mom, which is what started Weebumz.