All prices in USD
$269,000
  • Avg. revenue /month
    $22,471
  • Avg. sessions /month27,603
  • Avg. profit /month
    $1
  • Inventory value
    $25,000

Business Story

Why this business was started

We wanted to start a business based on sustainability. With plastic pollution at it's highest and on peoples mind, we saw an opportunity in the eyewear industry to build something eco-friendly, sustainable, fresh and fun! We researched for several months different ideas, and once eyewear was chosen, it took anothe 5-6 months to filter the supplier choice, ensure quality control and compliance to trade across Europe.

The reason of selling this business

We have grown this business fast by investing all back into it to ensure a stable, profitable business with brand recognition. We are now looking for an exit as planned. In addition we are planning to leave the UK, and would like to explore other opportunities we have in the pipeline.

What's involved in running this business

  • daily social media management
  • daily ROAS management across all ad platforms
  • Inventory management & forecasting
  • customer services; returns (self service)
  • Online Chat
  • Photo shoots and content creation
  • Book keeping
This business was founded: almost 2 years ago
Time to run this business: approximately 40 hours per week

Traffic and Performance

  • Avg. revenue /month
    $22,471
    Verified
  • Avg. sessions /month27,603Verified
  • Avg. profit /month
    $1
  • Inventory value
    $25,000
  • Profit Margin50%
  • Avg. sales /month600
Other details about profit: All profits made during the build up to the business has been re-invested in to the company for branding and advertising
Total revenue
  • $516,843
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 634,872Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $800
      /month
    • Domain
      $30
      /year
    • Wisepops, Vitals (GDPR, Reviews, Currency converter etc)
      $40
      /month
    • Facebook, Google, Criteo
      $13,000
      /month
    • Trustpilot, inventory management
      $200
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      UK registered Trademark logo Branding assets, all photos, banners ads, facebook pixel. These can be sent either by dropbox or in post on a hard drive.
    • Personal support after sale

      Due to the various moving parts of the business we are willing to offer 60 days skype/telephone and remote support to transfer the business after completion of the sale.
    • Domain

    • Product photos

      all included
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      12,000subscribers

    Seller‘s Advice

    How to grow this business

    • Expand into eyeglasses
    • Language Translation in French, Spanish, German and Italian
    • AUZ and Euro currency conversion
    • EU & AUZ localised fulfilment

    Skills to have

    This would need an expert facebook/google paid ads, and a social media management service.

    A working knowledge of Optical Glazing and Optician services will also be required, to ensure appropriate customer services can be delivered.

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