All prices in USD
$50,000USD
  • Avg. Revenue /month
    $2,749USD
  • Avg. Sessions /month1,127
  • Avg. Profit /month
    $1,000USD
  • Inventory value
    $3,000USD

Description

General description

We specialize in creative, remarkable and distinctive socks. Over the course of the last 5 years we have sold subscriptions, our socks have been available in about 50 retail stores and have created custom designs for brands wishing to broadcast their message to their employees and partners via socks.

Our performance at Quebec's Dragons's Den (Dans l'Oeil du Dragon) in 2015 gave us a great push to start. While everyone wanted to work with us, although the financing did not go through, we positioned ourselves as a cool company selling cool products.

Why should someone buy this store?

The market for anything subscription based is not about to reduce. (ref: Amazon) Men are particularly good candidates for such services. While white, grey & black socks are there to stay, the trend for creative socks is also growing. The various available offers on the market is demonstrating that.

How can the future owner improve the business?

Keep pushing on the marketing effort creating valuable content in order to be top of mind, engaging men fashion stores (merceries) to adhere to subscription is something we've been thinking about.

What work have you put into the store?

Everything from the design to the order fulfilment. Creation of technology based tools to facilitate the operations.

Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $2,749USD
    Verified
  • Avg. Sessions /month1,127Verified
  • Avg. Profit /month
    $1,000USD
  • Inventory value
    $3,000USD
  • Profit Margin30%
  • Avg. Sales /month150

Other details about profit: The information that Shopify shows is incomplete as all B2B transactions are not going through Shopify. The 1000$ noted is averaged out and considers the B2B projects we do.

Last 3 years revenue
$129,193USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
53,011Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $79USD
    /month
  • Inventory warehouse
    $1USD
    /month
  • Domain
    $16.67USD
    /month
  • Google Apps, Zapier, Quick Books, Freshbooks
    $300USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

    Electronic

  • Personal support after sale

    To be discussed.

  • Domain

  • Product photos

    Electronic

  • Suppliers

  • Mailing list
  • Social Media
    Total followers3,000subscribers

    Why use Exchange?

    Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores

    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.

    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.

    Encrypted payment capture

    Exchange and Escrow.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.

    Take time to inspect the business

    Once you submit payment to Escrow.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.

    Safe store transfer

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

    Post-purchase 24/7 Shopify support

    Once you log into your Shopify 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.