I used to work as a business developer for a packaging company. I had many cosmetic and beauty clients that did really well and i was very much into my grooming so i decided to start my own business. I already had the contacts and leads within the market so it was a pretty straight forward route for myself to start the business.
The reason of selling this business
I have decided to sell the business because i now want to start a new journey and a new venture in my life that would not involve Duke & Hyde.
What's involved in running this business
Daily social media and email updates. Packing the goods into boxes and shipping them (via courier) to the clients.
This business was founded:about 2 years ago
Time to run this business:approximately 10 hours per week
Traffic and Performance
Avg. revenue /month
$5,803
Verified
Avg. sessions /month2,655Verified
Avg. profit /month
$3,500
Inventory value
$30,000
Profit Margin85%
Avg. sales /month140
Other details about profit:We have also sales outside Shopify which we didn't include in the average profit per month as they are wholesalers/salon/barbers stock sales.
Total revenue
$139,268
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
63,722Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$79
/month
Inventory warehouse
$400
/month
Domain
$12
/year
Facebook ads
$120
/month
Sale Includes
Physical inventory
Logo and branding assets
All logo's, names and social media pages will be part of the sale.
Personal support after sale
I will provide all suppliers and wholesalers contacts. Any additional support that the buyer will need will be available for the first 12 months.
Domain
Product photos
All photos from social media and website will be transferred.
Social media
Total followers34,000subscribers
Suppliers
Not Included
Mailing List
Not Included
Seller‘s Advice
How to grow this business
I would carry on the advertisement and promotion through social media as well as celebrities and influencers to increase the brand awareness.
Share
SR
Sean R.Current store owner
Founded in 2016, Duke & Hyde brings the royal, classy & sharp look within your reach. Our main goal is to produce the best quality men's care products to the community of men who want to not only look good, but also feel good.
Duke & Hyde was created to give people the inspiration to feel comfortable with whatever look they choose to wear, whether it is growing your beard or even changing how you wear your hair , as grooming is about feeling comfortable, trying new things and being yourself.
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