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$9,700 USD

AJ Magic

www.ajmagic.co.uk

Appears in Toys and games , United Kingdom, Small Business, Inventory, Business and Franchises under $10,000

General description

AJ Magic is a family run business and unfortunately we have had to close our bricks and mortar store
We had the online shop which worked well and generated a lot of walk in business and calls, but due to unforeseen circumstances we cannot carry this on anymore.
This is a magic online shop that sells magic all over the country and world, it needs more promotion to get it more out there but it did us just fine. We started this business back in December 2015 and it was getting bigger slowly but unfortunately we couldn't put the time in that it needed to make it bigger.

Financials and traffic

A lot of our profit was walk in customers and orders over the phone

Average profit/month

$788 USD

Average overall profit margin

35%

Average number of sales/month

40

Value of inventory

$6,958 USD

Lifetime revenue

$2,084.00 USD

Lifetime traffic

12,881 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

The domain expires on the 25 November 2019 then it’s a 2 year renewal

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$30.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$20.00/month

Domain

$1.00/month

Inventory

All the inventory price above are new items
Magic tricks, Magic DVDs, Cards etc

We do also have ex demos of some of the inventory which is not included in the above price but you can have

Located in Kent UK

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

AJMagicShop

Instagram

aj_magic_

Twitter

AJMagic_shop

Mailing list

100 subscribers

Social media followers

1,729 people

Q & A

Why should someone buy this store?

If someone has a love of magic and wants to share this with the world then this would be a great start to any magic business.
This would be a great business for a first time business owner to start off with

How can the future owner improve the business?

There needs to be more time put into the SEO and getting at the top in google etc so it would need more promotion and probably some good offers to start with.
It just needs time added to this to make it bigger
Blogging is also a good thing to do but we didn’t have time to do it weekly so I would suggest that and social media

What work have you put into the store?

I started this from scratch without any computer knowledge but I have worked hard on this website and business - We had a lot of walk in trade and calls that have lead to many sales.
A lot of hours have been put into this and I feel that this website is very user friendly but would need improvement going forward

How many hours does it take to run this business per week?

15 hours

$9,700 USD

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