My fiancee and I started this business a couple years ago after a trip to Switzerland. At the time were both working at jobs in Canada and wanted to take on a passion project. We love watches, so we did several tours of watch manufacturers and decided we would create our own Swiss made brand manufactured in Switzerland.
The reason of selling this business
As we went through the design and manufacturing process our lives began to change significantly. We moved from Canada to Prague and began working with new companies. I also began an Executive MBA program. We simply have not had time (and will not in the foreseeable future) to market and build the brand properly. We also lack the marketing skills required to build an online business (i.e. love of social media marketing and communication). Instead of sitting on the inventory we would like to hand it off to an owner that will enjoy the process of building the brand, and has time to do so.
What's involved in running this business
Fulfilling orders, ordering from suppliers, researching product niches, or running advertising campaigns, photography for the site & social media.
This business was founded:over 1 year ago
Time to run this business:approximately 1 hour per week
Traffic and Performance
Avg. revenue /month
$85
Verified
Avg. sessions /month93Verified
Avg. profit /month
$56
Inventory value
$70,000
Profit Margin50%
Avg. sales /month10
Other details about profit:Most of our sales have not been through Shopify, as we have only been doing this a few months and have not marketed it other than Instagram pictures and some giveaways. Many friends and family have bought privately. We also got into our first retail store in Prague in December.
Total revenue
$1,612
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
1,773Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$30
/month
Inventory warehouse
$0
/month
Domain
$50
/year
Instagram
$1
/month
Sale Includes
Physical inventory
Logo and branding assets
Complete business included, listed in inventory, will be shipped to the buyer. These are small light weight items that can be stored in a small space.
Personal support after sale
Any required support will be provided free of charge for 6 months by phone, text or email. Any questions or consultation or other advice as required.
Domain
Product photos
All product and lifestyle photos included and will be made available via google drive or similar.
Social media
Total followers1,240subscribers
Suppliers
TAN SA in Chiasso Switzerland - watches
SHENZHEN KEYA INDUSTRY CO.,LIMITED - gift boxes and bracelet cuffs
Mailing List
50subscribers
Seller‘s Advice
How to grow this business
Swiss made watches in our price point are rare, most competitors are selling Chinese/Japanese made products of inferior quality. We are willing to sell the business and inventory for fraction of the cost we put into it. The business simply needs dedicated time and marketing. Both of which we have not been able to provide due to other projects and commitments. Everything is in place. There is significant room for growth with the right owner who has time and interest to market the brand properly.
Skills to have
Marketing and advertising skills.
Share
DA
Dane A.Current store owner
My fiancee and I started this business a couple years ago after a trip to Switzerland. At the time were both working at jobs in Canada and wanted to take on a passion project. We love watches, so we did several tours of watch manufacturers and decided we would create our own Swiss made brand manufactured by Tan SA in Chiasso Switzerland, who has a long family history of Swiss watch making. As we went through the design and manufacturing process we also changed careers and moved to Prague, where I am also doing an Executive MBA.
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