All prices in USD
  • Avg. revenue /month
    $2,651
  • Avg. sessions /month3,812
  • Avg. profit /month
    $2,000

Business Story

Why this business was started

Hi there, my name is Garrett Tant. I started this business to further myself in the realm of eCommerce. DRP is a selection of Urban Men's Jewelry. Cuban chains, Tennis chains, and anything "Iced Out" is absolutely blowing up right now, and will continue. Another reason for starting this business is because the profit margins are much larger than most products you can sell online.

The reason of selling this business

I am selling because I am exploring business opportunities in real estate as well as car sales. I own a used car dealership and we are currently in the works of opening another. If this business doesn't sell, I will continue my work towards making it one of the top Urban Jewelry brands in the nation. Would like someone to take over who is motivated to take this to the next level like I have envisioned. All the stepping stones are here for the taking.

What's involved in running this business

There is not a lot of gritty work involved. No hands-on inventory is required. I have two reputable suppliers that work with us to get not only the best prices, but the best quality as well as super fast shipping. Everything can be done with Oberlo, our main supplier has new products that come every month, so that helps with new drops for our customers. No more than one or two hours a day are required to run this business.

This business was founded: 6 months ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,651
    Verified
  • Avg. sessions /month3,812Verified
  • Avg. profit /month
    $2,000
  • Profit Margin40%
  • Avg. sales /month40
Other details about profit: Profit margins in this industry are very high and can be even higher as the brand grows, the profit margin that exists now is only a stepping stone to what is possible with this business.
Total revenue
  • $15,908
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 22,876Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $10
      /year
    • Apps, ETC
      $15
      /month
    • Google, FB, Influencers
      $400
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      All Logos and anything to do with our branding will be sent in an email to the new buyer.
    • Personal support after sale

      This is where the HUGE opportunity is. I have gone through the dirty work as to getting in contact with influencers through social media. I have a long list that I will put below to put into perspective the potential this has, all this business needs is someone who knows social media marketing and a little cash, and this will be the next big thing. I will list the influencers below, feel free to look them up as well. I can provide proof that I have spoken and they have agreed to promote on their social media. Influencers: -kushpapi_ -tutweezy_ -thatboyfunny -thats.kobe -reggiebaybee2 -nataliefriedman -brianherrien -queen.gillian -804.saucy -ayekev -yunggravy -briannnlouis -theifys -jet_wavy etc.... I am sure I am missing a few, but that list alone is over 6 Million followers on instagram. No direct payment to them is required, they will promote the jewelry if some pieces are sent to them, simple process. If I had time to do all of this, I would not be up here typing this story, I personally would be taking it to the next level. To add on to that, I will give my personal email to the buyer and any questions he/she has I would be more than happy to answer.
    • Domain

    • Product photos

      I will send the new buyer all pictures currently used and some that have not been used as of yet.
    • Social media

      Total followers6,000subscribers
    • Suppliers

    • Mailing List

      200subscribers

    Seller‘s Advice

    How to grow this business

    Firstly, I would get every one of those influencers taken care of for them to promote the business, and tell my suppliers to get ready. After that, if you know anything about social media, you should know that more and more influencers are going to contact you and the more you are getting your product out there in the right hands showing to the right people you will be very successful, especially in this industry. I would have boxes branded, merchandise, as well as hands on inventory, because as it is very nice to not have to worry about inventory, it does provide you a little peace of mind knowing what your stock is at all times, etc. I wouldn't scale too fast, I personally like to take things slow when it comes to business.

    Skills to have

    Our main source of traffic is Google Ads. The new buyer will also have access to our ad account and our main campaign will still be running, but knowledge in the marketing aspect is going to be a good trait to have. We started in January, doubled our sales in February, and almost tripled our sales in March. So the potential is there, somebody with the time and energy it takes needs to step in and take this over, and it will change your life.

    Share

    GT
    Garrett T.Current store owner
    I'm Garrett, 21 years old from Nashville, North Carolina. I received my dealer license when I was 19 and have been in business ever since. I love eCommerce and plan on doing big things in the future with it, but looking to take a break to go a different route with real estate. This is a huge opportunity for someone to take over, and I know the potential of this, I hope somebody sees it as well!

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