All prices in USD
$1,600,000
  • Avg. revenue /month
    $208,534
  • Avg. sessions /month345,162
  • Avg. profit /month
    $12,000
  • Inventory value
    $1,225,000

Business Story

Why this business was started

i have seen lot of potential in online business where market is constantly changing in terms of buying habits. we found lot of over stock at discounted prices and selling to end customers at lower prices drive so much traffic which increase monthly sales volume grow 35 fold from 1st month of business to 16 months on.

The reason of selling this business

i have 2 businesses and have newly born baby. as one of the business is online it would be much easier to sell it as everyone is after establishing online business.

What's involved in running this business

buying high value products at discounted prices. In take of stock, preparing for shoot, allocating stock, in house shooting of products, uploading picking and packing customer orders in time.

This business was founded: almost 5 years ago
Time to run this business: approximately 50 hours per week

Description

General description

We focus on selling high value items at discounted prices to end customers. While we started aiming retail customers we started building up wholesale customers within UK. We are serving 250+ wholesale customers as well as 200K+ retail customers. On facebook we have 50K+ followers. We are selling whole of the business this includes, domain, inventory, social media accounts, shelves and all the investment we made. Its up to the buyer to continue to the business from same location or different location or move the stock to fullfilment centre as we can give notice to landlord to cease the lease.

Our returning customer rate is over 60%. Our product return rate is around 3%. We are in 1st page of google on 15 categories organically. If buyer has right set of skills and experience in fashion industry they can turn the company into double digit growth every quarter . As i have 2 businesses and i have a new born baby, i find it difficult to spare time for 2 businesses and home and have to sacrifice 1 of them to be able to spend more time with my family.

Why should someone buy this store?

This website has big potential to grow as figures show 1st month we did £6000 and 16 months on we did £200000. before 3 years completed we achieved £430000. Going forward it has potential to company has achieved a lot since it has established in dec 2017. Anyone who has right set of skills, business experience and willing to learn can grow the business as it has massive potential to grow 2-3 fold within 12 months with some investment.

How can the future owner improve the business?

This business is all about buying the right stock initially, having good images and shipping stock as fast as possible to customers with very good customer service after sales. Once the right stock is in it shoots up the sales. Hence buyer should focus on good stock at all times. Occasionally some stock could be bought more if buyer feels that there is catch. Also at times buyer should buy off season stock where he/she think there could be shortage on season balancing the spending budget accordingly.

What work have you put into the store?

We have established all infrastructure in terms of hardware, software, sourcing channels, pricing, allocation of goods, logistics, packing, posting, studio, photography, advertising on social media and google. all our staff are well experienced in their field ie. photography, warehouse management, customer service and packing.

Traffic and Performance

  • Avg. revenue /month
    $208,534
    Verified
  • Avg. sessions /month345,162Verified
  • Avg. profit /month
    $12,000
  • Inventory value
    $1,225,000
  • Profit Margin20%
  • Avg. sales /month6,000
Other details about profit: we do wholesale to other walking traders as well.
Total revenue
  • $12,095,000
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 20,019,429Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $299
      /month
    • Inventory warehouse
      $12,000
      /month
    • Employees
      $18,000
      /month
    • Domain
      $150
      /year
    • mailchimp
      $170
      /month
    • facebook, google
      $15,000
      /month
    • Apps
      $1,000
      /month
    • Models + Transport
      $2,300
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      everything will be included
    • Personal support after sale

      I can extend my help in every area where necessary between 3 to 6 months on agreed paid terms. These will be mainly sourcing, merchandising and buying.
    • Domain

    • Product photos

      Via shopify system
    • Social media

      Not Included
    • Suppliers

    • Mailing List

      214,630subscribers

    Seller‘s Advice

    How to grow this business

    potential investor needs to spend money on more products and marketing to generate more sales.

    Skills to have

    if new owner has experience in womens fashion, it would be an advantage if not it can be learnt in 3-6 months.

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