All prices in USD
$250,000
  • Avg. revenue /month
    $40,603
  • Avg. sessions /month28,222
  • Avg. profit /month
    $10,000
  • Inventory value
    $100,000

Business Story

Why this business was started

Because there is a gap in the market for good looking camera bags. Everything out there is boring and screams "i am a camera bag."

The reason of selling this business

I am starting a new endeavour and pursuing other opportunities.I have kept this company alive for the last 8 years and it's time for the next chapter of my career.

What's involved in running this business

It's turnkey and has been organized so that there is very little maintenance. All you need is customer service and a book keeper. if you have a back office situation it would be extremely easy to integrate.

This business was founded: over 8 years ago
Time to run this business: approximately 12 hours per week

Description

General description

Founded in 2012 and launched via a Kickstarter campaign that was funded almost three times over, Langly has made a name for itself in the higher-end camera bag market. Putting the focus on protecting your camera gear, Langly helps you get that great shot by getting your photography gear where it needs to go. With offerings ranging from backpacks and lens carriers, hand and neck straps and a now 3 layer fully water proof jacket aimed at holding photo gear, Langly offers carry solutions to suit a variety of photography environments and needs.

Why should someone buy this store?

This is a brand created by and for photographers. Langly's visibility snowballed on social media as the customers started to document their different journeys with Langly bags and accessories. As result these customers have trekked all over the world, sharing the brand with others sitting at home filled with wanderlust, inspiring them to get up and go. In this regard the bag markets itself. The customer is an active participant for a large majority of the marketing collateral. They feel as though they are part of a larger community built over the last 6 years. During this period of time Langly has amassed over 140,000 instagram followers, over 40,000 facebook page likes, 26,000 tumblr followers and a 25,000 person mailing list. With inventory locked and loaded the business is completely turnkey. The sky is the limit. We have a large back catalogue of future designs with full tech packs including everyday packs and a variety of luggage options ready to go if you are looking to expand the line-up. Our logo, brand name and the phrase "let's go somewhere" are trademarked in multiple classes.

How can the future owner improve the business?

This company needs someone who understands the value of brand equity and how to scale e-commerce with use of online marketing, cross promotion and collaboration. one can Increase volume of web traffic by scaling facebook ads, instagram and other social media platforms.

What work have you put into the store?

I have dedicated 8 years of my life cultivating a globally recognized brand and an incredibly talented community of people just as passionate as us about travel and photography. It's time to pass the reign over to someone that will have as much fun scaling the business as we have had creating it.

Traffic and Performance

  • Avg. revenue /month
    $40,603
    Verified
  • Avg. sessions /month28,222Verified
  • Avg. profit /month
    $10,000
  • Inventory value
    $100,000
  • Profit Margin40%
  • Avg. sales /month100
Other details about profit: Profit is completely scalable depending on advertising and web-traffic brought to site. If you know how to generate quality traffic this is a no brainer.
Last 5 years revenue
  • $2,679,822
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 5 years traffic
  • 1,862,697Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $129
      /month
    • Inventory warehouse
      $2,000
      /month
    • Employees
      $2,000
      /month
    • Domain
      $20
      /year
    • Email marketing
      $500
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      LLC will be transferred with all the trademarks and social media accounts. Langly on instagram has over 150,000 loyal followers, an email list of 50,000 and 40,000 facebook fans
    • Personal support after sale

      I will offer my expertise and assistance during the transfer of ownership up to 3 months. If you want to hire me beyond that as a consultant I would be willing to negotiate those terms,
    • Domain

    • Product photos

      We have a drop-box full of organiozed assets.
    • Social media

    • Suppliers

      Will help maintain and establish a relationship with factories associated with business.
    • Mailing List

      25,000subscribers

    Seller‘s Advice

    How to grow this business

    It just needs a small capital injection to update out of stock inventory.

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