The store is built on the Shopify platform and has 27 SKU’s currently listed for sale. In addition to the Shopify store, the business has an email list of over 66,000 subscribers, as well as social media accounts with over 50,000 followers.
Additionally, the Sellers have spent over $280,000 on paid advertising on Facebook, and the account containing all the advertising data will be given to the new buyer. The business has strong profit margins, with historical net profit averaging 42%.
Additionally, cost-per-click (CPC) for this industry is very low at an average CPC of $0.30. Through a combination of a high conversion rate (2.14% avg.), low cost-per-click, and high margins, this business has consistently driven sales through paid advertising.
The Sellers of this business are looking to exit their investment as they focus on developing a branded, physical product for the tech industry. Their new venture is unrelated to this business and the Sellers are willing to sign non-competes if desired by the new owner.
If you would like to learn more about the business, contact us via email and we can send you a P&L Statement along with a marketing deck
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