All prices in USD
Sold

Private listing #94610

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  • Avg. revenue /month
    $39,475
  • Avg. sessions /month43,518
  • Avg. profit /month
    $13,800
  • Inventory value
    $30,000

Business Story

Why this business was started

My wife had a meat shop in Europe and we tried to figure out ideas how we can dry-age meat at home easily, without spending a lot of money. We found the solution and it solved the problem.

After a month of testing our branding, we launched the store. In the beginning, we saw huge potential in sales growth and engagement. Later on success in net profit and most important LTV ratio (32000 returning customers). Shopify Valuation price* $570,430.00

The reason of selling this business

Currently, I have the main business (pillows and toys factory in Europe), and we sell these products through 5 Shopify stores(+this business) 20 of peoples team which help to run the main business.

  1. I am have not enough time to keep this business growing (because usually I only work on this project after I back home at 7-8 PM)
  2. Because my main business is grown to 10million in revenue per year I would like to focus on their (bought new pillows and toys production line and etc.)
  3. I would like to spend more time to family

What's involved in running this business

Product: The product raw material buying from the factory from Europe (we have a contract with them that we are their distributors).

Product packing: Packings, product instructions come from China (If you prefer it can be easily changed)

Fulfilling orders: Currently, we renting a warehouse in Europe. We have one worker who packs and fulfills all orders.

Customer support: One freelancer working with zendesk (email software) and I help to answer some questions that are related to refunds (only $1880 per YEAR!).

Marketing: The whole marketing is done by myself. Many of the marketing content comes from our customers - UGC and we use them as ads.

This business was founded: about 3 years ago
Time to run this business: approximately 6 hours per week

Traffic and Performance

  • Avg. revenue /month
    $39,475
    Verified
  • Avg. sessions /month43,518Verified
  • Avg. profit /month
    $13,800
  • Inventory value
    $30,000
  • Profit Margin23%
  • Avg. sales /month1,000
Other details about profit: We signed exclusivity contracts with 3 countries: South Korea, Poland, and Lithuania. They buying $5000 - $20000 value orders every 2-3 months.
Total revenue
  • $1,460,575
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,610,179Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Inventory warehouse
      $300
      /month
    • Employees
      $500
      /month
    • Domain
      $10
      /year
    • Email marketing, apps
      $450
      /month
    • Facebook and Google
      $20,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All branding, ads photos, UGC, videos.

    • Personal support after sale

      I will able to answer all questions and give 2 months of support through video calls or emails.

    • Domain

    • Product photos

      All product photos will be transferred to the buyer.

    • Social media

    • Suppliers

    • Mailing List

      32,000subscribers

    Seller‘s Advice

    How to grow this business

    The niche last 5 years growing fast, the product niche is very broad: worldwide people who eat meat. 1. Marketing with telling how to use the product. If a customer tries our brand product he will come back because of amazing dry-aged meat results. 2. Distributors and wholesale - we receive 3-15 emails per month requesting distribution brands in retail or online stores. Now we signed exclusivity contracts with 3 countries: South Korea, Poland, and Lithuania.

    Skills to have

    • Understand the technology of the product
    • Marketing basics
    • E-commerce business basics

    Tags

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