All prices in USD
$200,000
  • Avg. revenue /month
    $853
  • Avg. sessions /month2,358
  • Avg. profit /month
    $597
  • Inventory value
    $252,500

Business Story

Why this business was started

I have always had a passion for travel and watches. Through my travels, I’ve realized time is of the essence, so I set my mind on creating a brand to be a part of the journey. Munster & Co reflects a commitment to quality, experience, and virtue. The quality of a Swiss made movement, the experience of owning a simple, yet beautiful timepiece and the virtue of a collection to be a part of your everyday lifestyle. This is the essence of [PRIVATE INFO] Join us on this journey and be part of the community.

The reason of selling this business

I have decided to sell my business because I started a new venture called Clout. While running [PRIVATE INFO] and being an influencer, I realized a huge issue in the influencer market that has pulled my time away.

What's involved in running this business

The business is self running for a majority of it but here is a couple areas you should focus on: - Continue watch photography (always good to have more content to post and use) - Fulfill order (You can always hire a fulfillment company to do this) - Marketing (Paid Advertising)

This business was founded: over 2 years ago
Time to run this business: approximately 1 hour per week

Traffic and Performance

  • Avg. revenue /month
    $853
    Verified
  • Avg. sessions /month2,358Verified
  • Avg. profit /month
    $597
  • Inventory value
    $252,500
  • Profit Margin70%
  • Avg. sales /month20
Other details about profit: [PRIVATE INFO] is an incredible business with high quality products, large social media following, and beautiful photography. It is currently not profitable but the business has been running itself for the last year with barely any time spent.
Total revenue
  • $23,877
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 66,050Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $99
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $14
      /year
    • Shopify Apps
      $78
      /month
    • Facebook/Instagram Ads (Retargeting Website Traffic)
      $10
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos and branding will be transferred via Google Drive.
    • Personal support after sale

      I am willing to provide support on how to run the business, connect you with the suppliers, and all other necessary information. For Example: - Connect you with the suppliers for all the watches - Connect you with the videographer and photographers we used - Give advice on how to manage/run the Instagram page - Tell you about our experience and what we have learned running the business - Give our recommendations on softwares we have used in the past for marketing - Explain and go over the website, how to edit it, how to manage it - Help connect you with a 3PL/Fulfillment company if you want your orders automated vs. fulling yourself. If you want to fulfill yourself, I can help walk you through the process and necessary items I am happy to provide support for 30 days after purchasing [PRIVATE INFO]
    • Domain

    • Product photos

      All product photography will be transferred via Google Drive. All watches were professionally photographed. We have over 1,000+ images of professionally shot photos that are product, lifestyle, and more. [PRIVATE INFO] has done 2 international campaigns in Iceland and Paris. You will receive and own both videos for marketing purposes.
    • Social media

    • Suppliers

      Great relationship with all suppliers. Upon acquisition, we can provide the introduction to all suppliers we use for the watches. It is extremely easy since all the designs, molds, etc. are all done. Just need to re-stock when low on inventory.
    • Mailing List

      577subscribers

    Seller‘s Advice

    Skills to have

    I would recommend the new owner is able to run or have someone run the marketing for the business.

    Munster & Co. where it stands is a full fledge brand with a lot of inventory, great social media following (140,000+), 1000+ professionally done photography, international campaign videos, and more.

    Munster & Co. is able to run itself and would be great if someone can push the marketing element to scale.

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