All prices in USD
$18,000
  • Avg. revenue /month
    $8,909
  • Avg. sessions /month8,574
  • Avg. profit /month
    $2,500
  • Inventory value
    $30,000

Business Story

Why this business was started

We are enthusiasts at watches and wants to create our own label. As well as we had known that there is a good margin opportunity. We started this business to get in touch to experiance the world of online businesses and learn about online marketing. The idea to sell products in this segment was the great opportunity to add a lot of more products to scale this business

The reason of selling this business

We still doing it as a hobby besides our full-time-job and after 3 years we are ready to relax for a spell. But we won´t close it, because there is so many opportunities to get in a closer touch with our customers. The Store is currently paused because we don´t have the time to maintain this business due to a new project.

What's involved in running this business

Design new Products, Online and social media marketing, influencer marketing, shipping and fullfillment, customer support

This business was founded: almost 3 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $8,909
    Verified
  • Avg. sessions /month8,574Verified
  • Avg. profit /month
    $2,500
  • Inventory value
    $30,000
  • Profit Margin15%
  • Avg. sales /month20
Other details about profit: Other profits were gained by using amazon in the past account is still closed because of less time maintaining the account.
Total revenue
  • $311,801
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 300,110Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $30
      /year
    • mailchimp, shipping suppliers
      $100
      /month
    • Facebook, google, instagram
      $1,000
      /month
    • Lightroom
      $11
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Images Stock Banners Advertisement material Social Media Accounts Packing e.g
    • Personal support after sale

      Providing help for 3-6 months to enable the new owner with detailed information, like supplier contacts, design ideas, product sourcing, online marketing.. we are open to share all information we have.
    • Domain

    • Product photos

      Product Photos for the shop will be included
    • Social media

    • Suppliers

    • Mailing List

      4,000subscribers

    Seller‘s Advice

    How to grow this business

    If we didn't sell the company, we would increase profit in the next few years. In addition, we would put more emphasis on Amazon and professionalize it. Further we would bring new PRoducts and especially summer products to have a constant good turnover. We would do more trade fairs and drive the retail business.

    Skills to have

    Product design is a plus but not a must. Online Marketing skills are required.

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