All prices in USD
$23,500
  • Avg. revenue /month
    $331
  • Avg. sessions /month5,328
  • Avg. profit /month
    $255
  • Inventory value
    $5,500

Business Story

Why this business was started

I was into jewelry business at that time and i found that there are so many people who are looking for specific kind of jewelry and hardly anyone is there in the market to provide them.

I thought its a great niche and people just loved our designs and price and quality of products.

Store started on mid Oct 2018 last year only

This profit has been generated just from this very specific niche jewelry category.

(Profit can be multiplied with wide range of products we add like modern jewelry, western jewelry, bridal, Kundan, gemstone, delicate jewelry etc. Even we can add more other categories like bags, clothes, etc)

The reason of selling this business

• Lack of capital due to other investment • Urgently need fund for big business project • Shipping issue from my semi rural area • Unable to handle multiple projects at the same time single handed and lack of time

Selling this store at very low price due to lack of capital in this Covid19 crises otherwise its valuation is min $34,000-$49,000

What's involved in running this business

Ordering from suppliers Photo shoot Basic marketing Fulfilling orders 2-4 hours a day work depends of work efficiency If you want i can provide them courses worth $5000 for free

This business was founded: over 3 years ago
Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. revenue /month
    $331
    Verified
  • Avg. sessions /month5,328Verified
  • Avg. profit /month
    $255
  • Inventory value
    $5,500
  • Profit Margin81%
  • Avg. sales /month10
Other details about profit: This revenue you can see here by shopify data $312 is from SEO free traffic direct sales without any marketing anywhere. We are not doing any marketing since September 2019 (6-8 months). We used to sell outside of shopify too without advertising like on WhatsApp, Facebook and Instagram too. That figure is approx $250-$300 We have never scaled our advertisement due to budget restriction We used to get products manufactured so it comes so cheap and profit margin is so high. Last Year approx $23,000 in total revenue. We used to generate minimum of $22,000-$23,000 Revenue with 55-75% net profit margin. If anyone needs month wise income data analysis then i am happy to provide all the screenshots.
Total revenue
  • $13,913
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 223,778Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $20
      /year
    • SMS Bump
      $2
      /month
    • Instagram and Facebook
      $75
      /month
    • Transaction fees
      $1
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      They will be left on the store
    • Personal support after sale

      YES, We will help buyer till the end of 2020 via Emails. Like, How to run this store, how to focus on SEO. So that you can have more order without spending money on paid traffic.
    • Domain

    • Product photos

      They will be left on the store
    • Social media

      Total followers4,500subscribers
    • Suppliers

      Yes, Contact details of all suppliers and manufacturers who deals in wholesale or manufacturers will be given with our reference. Some of they will drop ship for the store so that we don't need to keep inventory.
    • Mailing List

      4,000subscribers

    Seller‘s Advice

    How to grow this business

    This store is running smoothly which is inventory based and can be converted to drop shipping easily

    If you want i can provide them courses worth $5000 for free

    Future plans Can be... : 1. Expansion horizontally and vertically • Like adding more products in the same category of jewellery
    • by adding other categories like women clothes, accessories, shoe, bags, etc • by adding men’s, kids, baby products

    1. Expansion  By Increasing advertisement budget

     by advertising in multiple marketing platforms like Pinterest, Google ads, tik tok ads, youtube ads, facebook influencers, instagram influencers, youtube influencers or all social media reviewers can generate a lot of profit

     By advertising in the USA, UK, Canada, Ireland, etc because without any ads we are regularly getting so many visitors from these countries (we could not advertise due to lack of funds)

     Converting store into drop shipping instead inventory based model to expand rapidly but with low margin (inventory based high margin due to cheap inventory from manufacturers and in drop shipping inventory is with drop ship company )

    Skills to have

    YES Marketing Managing inventory basic marketing

    If you want i can provide them courses worth $5000 for free

    Share

    BS
    Bharti S.Current store owner
    -I am running multiple eCommerce stores since 4 years on Shopify -I was in this biz, People in this niche are passionate about jewelry. So, we started this store on Oct- 2018 -Since 6-8 months we're not advertising this business, that's why avg. revenue & profit is very less you can see on the data given by shopify otherwise its minimum revenue is average $21,000 last year & profit is min 55-75%. ( PROOFS AVAILABLE ) -We've never tried to scale ads due to limited budget & time for this store otherwise store could've generated high revenue

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.