Modrnizd
Online business for sale Modrnizd.
- Lucrative business in the home improvement niche that’s done over $369K (CAD) | $274k (USD) profit in the last 12 months.
- Steady monthly revenue & profit.
- $1,805,000 (CAD) | $1,371,000 (USD) sales all time.
- $95 (CAD) | $73 (USD) avg. order value (last 6 months)
- Growing returning customer rate (Q3 2022: 4.93% | Q4 2022: 5.85% | Q1 2023: 7.26% | Q2 2023: 7.32%)
- 861'000 + visitors all time
- $30,810 (CAD) | $22,875 (USD) avg. profit per month (TTM)
- 1309 avg. orders per month (TTM)
- 24% profit margins (TTM)
- 29,595+ email subscribers.
- 12,600+ followers on Instagram & Facebook (combined)
Website: https://modrnizd.com
This brand sells a variety of functional home improvement products. The store is predominant in the US, Canada, Australia, United Kingdom, New Zealand, Hong Kong, Singapore and Switzerland, but can also ship to most other countries worldwide.
Daily operations include fulfilling orders, doing customer service and/or assigning tickets to our customer service VA, managing social media accounts, managing advertising campaigns and sending email campaigns. These tasks can be outsourced, if desired.
The store works with a private supplier who handles all of our order fulfillment. The store has a very good and trusted relationship and has never run into any major fulfillment issues. It ships most of orders with YunExpress and its average shipping times to tier one countries are 7-18 days. Each order is shipped with branded order cards and biodegradable outer packaging.
In a typical week, 10-15 hours is spent running the business. To scale the business to new highs, it’s likely more time would be required per week.
The customer base is quite broad. Although the store doesn’t often limit advertising targeting to a specific age or gender, most concentrated audience is parents with kids or middle-aged women. Additionally, middle-aged men, fathers, husbands, wives, young adults and elderly people also purchase from us regularly.
The customers are normally acquired through advertising (Facebook & Instagram). The store is currently advertising to the following 6 countries, (US / CAN / AUS / UK / NZ / SG) with approximately 38% of customers (all time) coming from the US.
Once first-time customers are acquired, the store owner re-market them through email campaigns and social media, giving us a 7%+ returning customer rate (Q1 2023).
The store prioritize customer satisfaction and has a 0.2% chargeback rate (all time).
Page Views are 163,627 per month.
Revenue and Traffic verified by Shopify and Google Analytics.
This brand is perfect for any entrepreneur looking to jumpstart or grow their success with e-commerce. If you have experience in marketing / running paid ads, then this could be an ideal investment that can be scaled to new highs and later re-sold or run longterm.
Alternatively, if you’re someone looking for a passive, cash flow producing investment, this brand’s healthy profitability gives you the option to hire out a small team to handle operations and let the business run seamlessly in the background.