All prices in USD
$185,000
  • Avg. revenue /month
    $7,874
  • Avg. sessions /month3,810
  • Avg. profit /month
    $3,000
  • Inventory value
    $100,000

Business Story

Why this business was started

We started the business in 2016 as sock boutique because of our love for cool geek socks and sharing them with other people. Total sales value £434,785.90

The reason of selling this business

Building this store over the past 6 years has been very rewarding, especially when seeing the joy of our customers and the lovely reviews. However, we haven't had the time to focus on this store to grow it to the next level. There are other projects taking our time, and we are hoping to find someone to take over and bring it its full potential and to scale the business

What's involved in running this business

Ordering supplies and materials Updating social media as needed Managing databases of customers Packaging and mailing orders

This business was founded: over 5 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,874
    Verified
  • Avg. sessions /month3,810Verified
  • Avg. profit /month
    $3,000
  • Inventory value
    $100,000
  • Profit Margin40%
  • Avg. sales /month300
Other details about profit: We are also selling on NotOnTheHighStreet and Ebay and are not reflected into Shopify
Total revenue
  • $535,402
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 259,090Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $100
      /month
    • Domain
      $15
      /year
    • Klaviyo
      $150
      /month
    • Recharge, Shogun, Zappier, Canva
      $220
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All product photos of our catalog will be provided via a file sharing service (ex: Google Drive or Dropbox).

    • Personal support after sale

      Not Included

    • Domain

    • Product photos

      All product photos of our catalog will be provided via a file sharing service (ex: Google Drive or Dropbox).

    • Social media

    • Suppliers

    • Mailing List

      20,000subscribers

    Seller‘s Advice

    How to grow this business

    Established in 2016. Was run as a family business and we never paid for advertising. We are a small boutique company, an independent British design studio dedicated to making amazing socks, for a reasonable price, and upholding the highest standards in sustainability. Our socks are designed in-house in Southampton by our superstar creative design team. We obsess over the design and details of each sock to ensure that you are getting the best sock around made in Europe. In order to scale the business we suggest Paid Ads on FB, Google Ads and TikTok (we grow the business organic and we never spent on advertising).

    Skills to have

    Marketing

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