All prices in USD
$500,000
  • Avg. revenue /month
    $89,030
  • Avg. sessions /month125,093
  • Avg. profit /month
    $20,000
  • Inventory value
    $60,000

Business Story

Why this business was started

We started the business after noticing a gap in the market for this type of jewelry.

The reason of selling this business

I'm selling the business because I need capital for my E2 investor visa. Looking for a keen buyer to take over this business with huge potential for growth. Our profit margins are very solid! P&L will show slightly lower profit because we decided to increase personal payroll to maximize QBI deduction and also prepaid our supplier (credit not inventory) and Google ads around a combined $80k for 2022.

What's involved in running this business

  • Media buying activities for Facebook & Tiktok
  • Team of 3 dedicated VAs to handle everything from product listings on Etsy to customer service
  • 2 retained content creators (40 videos a month)
  • Product photographer based in China
  • 3PL in China and USA
  • Amazon agency growth partner manages Amazon.
  • Etsy channel managed by VA
This business was founded: almost 2 years ago
Time to run this business: approximately 6 hours per week

Traffic and Performance

  • Avg. revenue /month
    $89,030
    Verified
  • Avg. sessions /month125,093Verified
  • Avg. profit /month
    $20,000
  • Inventory value
    $60,000
  • Profit Margin20%
  • Avg. sales /month5,000
Other details about profit: 85% of revenue comes from paid media. 7% of revenue from organic IG and Tiktok 8% revenue from returning customers We also have 3 wholesale buyers who purchase quarterly.
Total revenue
  • $2,047,687
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 2,877,142Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $200
      /month
    • Inventory warehouse
      $1,000
      /month
    • Employees
      $2,500
      /month
    • Domain
      $20
      /year
    • Computer software and Shopify Apps
      $450
      /month
    • Paid Media
      $3,500
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      High quality AI files will be provided of all assets

    • Personal support after sale

      Will assist with onboarding as well as give insight about the industry. I'm an expert in e-commerce and can provide plenty of to-dos for this business.

    • Domain

    • Product photos

      High quality JPEGS in a organized Google Drive

    • Social media

    • Suppliers

    • Mailing List

      60,000subscribers

    Seller‘s Advice

    How to grow this business

    Expand product line to high end sterling silver offerings. Increase customer loyalty by rolling out email loyalty programs. Increase SEO efforts Increase influencer marketing efforts Focus on scaling during Q4.

    Skills to have

    Moderate knowledge in e-commerce Knowledge in digital marketing

    Share

    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.