• Avg. Revenue /month
    $568USD
  • Avg. Sessions /month1,265
  • Avg. Profit /month
    $558USD
  • Inventory value
    $90,000USD

Business Story

Why this business was started

My thought process was what does everyone need? What also has high profit margins? It turned out to be socks. I have grown the company the last 3 years and have tons of knowledge and connections in the men's accessories market. I have built great relationships with manufacturers all over the world. CheckerBox does e-commerce and wholesale. Our website is a three click purchase site. We pride ourselves on our photography and website functionality. CheckerBox also does retail, we have built many relationships ships with five star hotels and men's shops.

The reason of selling this business

CheckerBox biggest selling point is our socks stay up all day. We created a custom elastin that ensures your socks won't fall down. This has given us lots of reoccurring customers. We wanted to stay away from stripes and polka dots as well. CheckerBox offers unique designs and checkered patterns. After early success with CheckerBox, I am ready to sell because I can't designate enough time with my full time job. I am confident with resources I have built, CheckerBox has the potential to be a household name.

What's involved in running this business

I have set CheckerBox up to run itself for the most part. To run CheckerBox, you need to design renderings and send to the manufacturer, they will send a sample back for your approval then go into production. We already have a marketing strategy implented for the fourth quarter of 2018 and all 2019, that you can use, enhance or start your own campaign. Besides that, fulfilling the orders. You can choose to fulfill the orders yourself or set up an account with a fulfillment center. I have relationships with fulfillment centers, so I am happy to help with that.

Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $568USD
    Verified
  • Avg. Sessions /month1,265Verified
  • Avg. Profit /month
    $558USD
  • Inventory value
    $90,000USD
  • Profit Margin80%
  • Avg. Sales /month10
Last 3 years revenue
$26,142USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
58,191Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $100USD
    /month
  • Inventory warehouse
    $1USD
    /month
  • Domain
    $0.42USD
    /month
  • MailChimp
    $10USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

    We have a thorough "Style Guide". In this style guide, we have all logo files, primary colors, text, background and color blocks that include the pantone number. This also includes all of our typography an call to action icons. We will also send over all graphics, previous and current ads, marketing strategies and competitor research.

  • Personal support after sale

    1 month. If needed, longer.

  • Domain

  • Product photos

    All product images and lifestyle images from every photoshoot will be sent over via dropbox.

  • Suppliers

  • Mailing list
    500subscribers
  • Social Media
    Total followers19,100subscribers

Seller‘s Advice

How to grow this business

I would focus more on e-commerce. Creating more and more Google Ads, and staying on top of the analytics. I would keep doing retail as well, just to keep consistent monthly revenue to come in. We perfected the product which is the most important thing, now I would focus on online growth.

Skills to have

I have set up the company to run itself. All you need to do is be motivated to keep growing the brand via e-ccomerce and retail. We have contracts with 5 star hotels that bring in consistent revenue.

Why buy a business on Exchange

Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Secure messaging platform

You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

Encrypted payment capture

Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Take time to inspect the business

Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.