Private listing #492908

URL Hidden
$15,000USD
  • Avg. Revenue /month
    $1,053USD
  • Avg. Sessions /month1,246
  • Avg. Profit /month
    $8,000USD
Description

General description

This is a high traffic online electric guitar store focusing on the high end boutique market and buyers. The typical customers are doctors, lawyers, high net worth individuals and musical instrument collectors. This business includes all of the negotiated builder relationships and net discount percentages negotiated with each supplier. EXCELLENT catchy and relevant domain name, considered to be one of the best in the business. Our logo is a work of art, excellent for promotions!

Why should someone buy this store?

A buyer should have the desire be in the retail Music Industry and want to help design exquisite and expensive instruments alongside the customers and guitar builders. They should also preferably play guitar and be knowledgeable about the instrument and understand basic photography or be willing to hire a professional photographer on a regular basis. I can assist with how to negotiate per guitar pricing that will not cut into profitability.

How can the future owner improve the business?

Negotiate pricing and choose new lines of guitars to carry should they decide to change or add to the current inventory lines, preferably quality guitars at lower price points and consider carrying acoustic guitar lines as well. They should also consider a more serious marketing effort than we have, investing at least $1,000 monthly on advertising. We spent a very minimal amount on advertising.

What work have you put into the store?

Three years of daily web design, advertising, traffic monitoring and customer service around the clock, mostly via text and email. Built the relationships with some of the world's most sought after guitar luthiers, and have learned more importantly who to avoid doing business with. I learned how to personally photograph and edit all of the photos you see on the website.

Time to run this business: approximately 25 hours per week
Traffic and Performance
  • Avg. Revenue /month
    $1,053USD
    Verified
  • Avg. Sessions /month1,246Verified
  • Avg. Profit /month
    $8,000USD
  • Profit Margin25%
  • Avg. Sales /month15
Total revenue
$45,275USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
53,583Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
  • Shopify plan
    $29USD
    /month
  • Domain
    $1.67USD
    /month
Sale Includes
  • Physical inventory

    Not Included

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

    Not Included

  • Social Media

    Total followers10,022subscribers