I love designer fashion and I decided to turn my shopping time into a business. For those who love shopping and would like to be your own boss, you should consider this turnkey business. It’s fun and exciting to find new fashion products for yourself and for your customers. The satisfaction comes when customer love your taste and you help them to look fabulous.
The reason of selling this business
I have built up this successful business and now I want to spend more time traveling and enjoying retirement with my husband.
What's involved in running this business
Must love shopping, like high end fashion, and have a flare of style and trend. shop everyday and be excited about bringing new designs to customers each week.
And the best part... is that proof of concept is there. If you are a business savvy person, this business can grow into a 7 figure income.
This business was founded:over 1 year ago
Time to run this business:approximately 25 hours per week
Traffic and Performance
Avg. revenue /month
$26,046
Verified
Avg. sessions /month24,904Verified
Avg. profit /month
$13,300
Inventory value
$100
Profit Margin30%
Avg. sales /month150
Other details about profit:The business started in May 2019 with little activity but took off in October 2019 because we started a new campaign so the average sales by Shopify of $23,900 does not refect the present sales from October 2019 til July 2020 which is $40,000 average monthly. Please look at our sales from January 2020 to July 2020 is average $40,000 monthly. This period is still slow due to 2 Summer months ( June & July) compared to the next 5 months which Holiday and Christmas will be very crazy high sales volume.
The unfullfiled orders actually fullfiled except the High Risk Fraud that we let it automatically drop off.
Also we're using 2 platforms Oberlo and Aliorder to order and they are not synced in fact all order have been fulfilled. In the future we suggest to use only one platform Oberlo to avaoid this issue.
Presently we mark up low to cultivate new customers but new owner can mark up higher for our list of regular customers.
Presently we're running ads and email and Instgram posting to generate sales.
We has not tap Ebay, Pinterest or Utube yet...New buyer can increase sales in these ad venues.
Total revenue
$416,732
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
398,464Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Inventory warehouse
$0
/month
Domain
$30
/year
Apps
$100
/month
Facebook
$13,000
/month
Photoshop
$0
/month
Cost of good
$13,000
/month
Sale Includes
Physical inventory
Logo and branding assets
Fictitious name and Domain name, Advertising Materials
All in Shopify Admin
Personal support after sale
We’ll teach you from A-Z how to run this business for 2 weeks. Any question after we’ll communicate through email. This is a very easy and fun business for housewife or mother stay at home any shop til drop ladies.
Domain
Product photos
All in Shopify Admin
Social media
Suppliers
Many suppliers with very good relationship will pass to buyers.
Mailing List
2,800subscribers
Seller‘s Advice
How to grow this business
The net profit for this business is $160,000 a year .
New seller can start Pinterest, Ebay, youtube...etc..and also increase ad budget to scale the business to next level. We have not done this since we only operate this business as hobby at this time.
Skills to have
Very basic computer skill. Must love fashion and have a flare of design and stye... which we can easily teach. Customer Service is another skill to make customer happy so they'll return.
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Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
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