Gym Bro

Why this business was started

We started this business based on the fact that we all workout at the gym here at the office and we needed a better way. We finally found a solution and built a specific store with the intent to turn it into a well performing and well respected brand! Since we have started, this has been the case. We have had nothing but great reviews and high click thru and conversion rates!

The reason of selling this business

We decided to sell our business because we are in the market of building high converting Shopify brands/stores, we are not in the space of running them and marketing them. This product has immense potential from just running/testing it for only 6 months with limited ad spend. We are looking to sell it to someone who has the proper capital to take this to where is needs to go!

What’s involved in running this business

You will need to manage orders and running the targeted ads to customers to get sales. We use Facebook ads for this which works great and is profitable. We import everything to our warehouse and ship it straight from the warehouse to the customer with free 2 day shipping to insure the best customer experience. We have multiple retail stores and gyms that are interested in buying bulk of our products and putting it in their gyms which we have contacts for those. We also are in talks with 2 different wholesale companies that want 1,000+ units per month for stock which calculates to 10k per month profits. Due to the fact that we do not have a lot of capital, we could not keep advertising consistently because we could not buy and receive the product fast enough to our financial state. Someone who wants to take this company on and who has the capital to do so, will easily make this a million dollar brand.

This business was founded: about 2 years ago
Time to run this business: approximately 60 hours per week
Category:

Description

TRAFFIC AND PERFORMANCE

  • Avg. revenue /month
    $3,967

    Verified

  • Avg. sessions /month3,490Verified
  • Avg. profit /month
    $3,000
  • Inventory value
    $10,000
  • Profit Margin47%
  • Avg. sales /month400
Other details about profit: Our profits on each individual product is 73% and after ads it is 47%. All expenses are only 10% of overall sales. We have limited expenses. We have spent 480 total hours to create the best store possible for someone with the proper knowledge and capital to run it. We have been in business since August and have been able to grow this much with limited capital. We have not taken out any loans and will not take out any. FYI, the system is calculating the average of all the other months when our sales were $0 which is giving us a really low average as seen on the chart below.

Total revenue

  • $107,106
May ’20Sep ’20Jan ’21May ’21Sep ’21Jan ’22May ‘2205k10k15k20k25k
Revenue data comes directly from Shopify and cannot be edited by the seller

Total traffic

  • 94,237Visits
May ’20Sep ’20Jan ’21May ’21Sep ’21Jan ’22May ‘2202.5k5k7.5k10k12.5k15k
Traffic data comes directly from Shopify and cannot be edited by the seller

EXPENSES

  • Shopify plan
    $30

    /month

  • Inventory warehouse
    $0

    /month

  • Domain
    $14

    /year

  • Reviews App
    $10

    /month

  • Facebook
    $4,000

    /month

  • Shipping + Customer Packaging ($5 Per Unit Shipped)
    $200

    /month

SALE INCLUDES

  • Physical inventory

  • Logo and branding assets

    We will send these Photos through Google Drive/Email to you during Escrow Transaction. We have 10+ photos and videos that we have custom made. We have Photoshop Files and Premiere Pro Files and Fiverr Connections! They are mostly JPEG’S and PNG’S.

  • Personal support after sale

    We are able to help you through the Phone, Email, and Google Meet based on what you need. We can provide assistance on marketing and website service for the first 30 days answering any questions needed! After that 30 days we will no longer be helping with anything and we will be 100% out of the business!

  • Domain

  • Product photos

    We will send these Photos through Google Drive/Email to you during Escrow Transaction. We have 3 product photos that are custom made. We also have custom photoshop files. They are either JPEG’S and PNG’S.

  • Social media

    Total followers3,500subscribers
  • Suppliers

    We have 3 supplier relationships as well as 2 wholesale buyer relationships who are interested in 1,000+ units per month and 20+ retail/gym locations interested in selling our products in their gyms!

  • Mailing List

    5,000subscribers

SELLER‘S ADVICE

How to grow this business

We started this store in August and we only spend $100-$200 per day based on the amount of product that we have coming in. We have used our own money for this brand and are expanding monthly. We have not taken out any loans for the business and we own 100% Equity in the business. Also keep in mind that we have not scratched the surface of this product. We have only spent a limited amount of money in advertising costs to generate over $70,000+ in sales within the last 6 months. This product is a gold mine when attached to our brand. We are attaching a Merch Line as well which will double our sales volume in the coming months ahead! For anyone with the proper capital to take it on, it will explode in wealth for the individual who takes it on.

Skills to have

It is important that you know how to run a Shopify Store and can handle shipping products yourself or sourcing these actions to someone else. All of our products have logos and are already made including the accessory upsells which 60% of our customers buy upon reaching checkout!

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Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Take time to inspect the business

Once you submit payment to Unitedwebpoints.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Secure messaging platform

You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Unitedwebpoints will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Unitedwebpoints team once store transfers have been completed.

Encrypted payment capture

Unitedwebpoints.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Post-purchase 24/7 support

Once you log into your account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.

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