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Apparel & Accessories

#40200
For Sale
Verified

Apparel & Accessories

eCommerce
Listing Price $128,971
Monthly Multiple 8x
Pricing Periods 6 Months
Brand Registry No
Avg. Monthly Profit $15,698
Avg. Monthly Revenue $34,093
Profit Margin %

Business Started

3rd of December, 2013
(9 years old)

Assets Included in the Sale

  • Domain, all content, and shopify account are included with the sale.
  • The new buyer can also purchase unused inventory at an additional cost (currently valued at approximately $13,000).
Listing Details

An eCommerce site created in December 2013 in the Accessories niche, specifically Herbal Vaporizers targeting the Canadian market. The site URL is vaped.ca.

Earnings
Gross Revenue
Net Profit
Last Month
6 Months
12 Months
All time
Site Traffic
Page Views
Unique Users
Last Month
6 Months
12 Months
All time
Ahrefs Analytical Data
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Seller Questions & Answers
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Opportunities
  • Opportunities:
  • Create in-depth product review videos - to build out the blog and gain YouTube subscribers. The biggest competitor  drives their business with product videos.
  • Add E-Juice and E-Cigs/Mods on the website - This is a big opportunity in Canada. The seller's main problem with expanding to e-cigs was payment processing. PayPal doesn't allow you to process e-cig payments. But there are other payment processors available that competitors are using. The vaped.ca name is broad enough to allow expansion into this new category.
  • Private Label Products - Sourced via Alibaba and rebranded. This strategy relies on building connections with reviewers.
  • Expand to Europe - The seller has a dropship supplier that will be shared with the buyer who carries the majority of the inventory.
  • Display Advertisements - There are some ad platforms like Mantis which would allow the business to advertise to the target market.
  • Paid Advertising on Bing - Although Google is very strict, Bing may allow vaped.ca to advertise.
  • Wholesale Vaporizers - The seller receives regular inquiries from small shops looking for a wholesaler. While this a big opportunity, it requires significant capital to start. Buying vaporizers in bulk direct from the manufacturers will also drop the cost of goods which would make the business more profitable.
  • Risks:
  • 1) There's a possibility PayPal becomes more strict on businesses selling vaporizers. Although this is unlikely, it can be mitigated by finding another payment processor and accepting credit cards directly.
  • 2) Regulation implemented by Health Canada on vaporizers. This is unlikely as well but a risk nonetheless.
Work & Skills Required
  • Orders are managed by a fulfillment center. The seller spends about 1 hour per day managing the site. Daily tasks include:
  • -Answering customer emails and any queries the Livechat operators can't answer
  • -Ordering inventory from suppliers
  • -Managing orders through the fulfillment center
  • There are very few skills required other than good customer service.
Seller Support Includes

30 days of email support and 3 hours of phone calls. Additional support may be available if needed.

Reason for Sale

Seller is raising funds to invest into a new business.

Other Information

Work Required Per Week: 1 Hours

Private Blog Network (PBN): No

Domain Type: .ca

Platform: Shopify

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