All prices in USD
$200,000
  • Avg. revenue /month
    $19,584
  • Avg. sessions /month36,748
  • Avg. profit /month
    $8,000
  • Inventory value
    $5,000

Business Story

Why this business was started

SEA had always been a growing region with great potential. With the growing GDP per captia in SEA, the demands in fashion and apparels will continue to grow. We figured that this is where you can enter and build a profitable business. Tapping on both gender populations, the head start will be a key advantage in the future. The key is to grow wealth.

The reason of selling this business

The non-editable numbers from Shopify will tell you the value of this business. My partner and I have decided to take a hiatus and divert our full attention to our family. Not an easy decision but this business has contributed to our ability to make this decision. We know this business can continue to grow beyond its potential.

What's involved in running this business

We have strong working relationships with our suppliers and logistics partners. These have provided us with lower product costs and faster shipping. We have partnerships with Singapore mediacorp to feature our products and enhance our branding. Apart from marketing on social media, we also have partnerships with other organisation (eg, SAFRA). Our staff does ordering from suppliers, advertising on social media and uploading of products. They are experienced and can continue to support your operations. We maintain good customer service by responding to their queries timely. This resulted in high return rate of more than 30%.

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

Traffic and Performance

  • Avg. revenue /month
    $19,584
    Verified
  • Avg. sessions /month36,748Verified
  • Avg. profit /month
    $8,000
  • Inventory value
    $5,000
  • Profit Margin40%
  • Avg. sales /month250
Other details about profit: Sales mainly come through Shopify's payment platforms. A small percentage comes from bank transfer.
Total revenue
  • $705,014
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,322,960Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $690
      /month
    • Employees
      $2,000
      /month
    • klaviyo
      $135
      /month
    • Facebook
      $2,000
      /month
    • Facebook product feed by Flexify
      $29
      /month
    • G Suite
      $18
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      We will transfer all logos and branding assets over to you.
    • Personal support after sale

      We will provide our advice and support for two months after sale. Support will include liaising with business partners and daily operations.
    • Domain

      Not Included
    • Product photos

      All product photos will be transferred over via Shopify.
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      12,500subscribers

    Seller‘s Advice

    How to grow this business

    We will continue to strengthen our brand in SEA, gaining strong foothold in Singapore Malaysia and Hong Kong. Monitoring the demand from our audience, we will review the fashion trend and provide the supply. We will also commence our entry into the remaining of SEA.

    Skills to have

    You will need the basic understanding of internet and social media. The logistics and management knowledge will be handed over to you. Next, you just need to believe in the growth of SEA.

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