- Avg. revenue /month$1,650
- Avg. sessions /month2,043
- Avg. profit /month$912
- Inventory value$52,000
Business Story
Why this business was started
We actually purchased this business from someone, because we really thought we would be able to expand it. We knew it would be a lot of hard work, but due to some personal circumstances we are unable to give it the time that it needs. It truly does fill a gap in the market of beautiful modern shoes.
The reason of selling this business
We do not have the the time necessary to help it expand and grow. We love this company and have so many high hopes for it, but we do not believe we are the people to do it at this time.
What's involved in running this business
Marketing is fundamental to the success of this business, including posting on all social media accounts to hit our targeted demographic and managing collaborations and partnerships. Targeting certain social media partnerships allows us to hit a very narrow demographic to turn marketing efforts into actual dollars, as well as staying relevant in the minds of those who have already bought from Deer Grace because we're constantly on their social feeds. Daily operations also include order fulfillment, from packaging to shipping, as well as creative tasks like new product designs.
Traffic and Performance
- Avg. revenue /month$1,650
Verified
- Avg. sessions /month2,043
Verified
- Avg. profit /month$912
- Inventory value$52,000
- Profit Margin36%
- Avg. sales /month20
Expenses
- Shopify plan
- $80/month
- Inventory warehouse
- $100/month
- Domain
- $80/year
- Omnisend- email marketing
- $30/month
- Planoly
- $20/month
- Rental for storage unit/loan payment
- $750/month
Sale Includes
Physical inventory
Logo and branding assets
Google Drive. The day we close we will transfer everything.Personal support after sale
For 3 months we are happy to help with the transfer of the company and be sure you have the information to run the company. We are happy do a few Zoom or phone calls for that.Domain
Product photos
Google Drive. The day we close we will transfer everything.Suppliers
We have some spring inventory designed you will also get.Mailing List
4,617subscribers
Seller‘s Advice
How to grow this business
Over the next five years we would have limited edition lines for each season. We had initially planned to do a spring launch but were unable to get everything together to do that, but we do have samples we are happy to provide. We also would add lots of new products to our shop if we were keeping it. We think this company could be expanded on and really flourish.
Skills to have
Skills required include a strong marketing background, including knowledge of social media marketing and influencer collaborations, to drive sales toward a demographic that relies heavily on social media. Obviously, a business background is necessary to ensure the business is well-operated and profitable. One strong skill to have, but is not entirely necessary, is an eye for design and aesthetic as you will want to adapt to each season's fashion to remain relevant and forward-thinking.
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