- Avg. revenue /month$75,192
- Avg. sessions /month14,798
- Avg. profit /month$4,400
- Inventory value$180,000
Business Story
Why this business was started
Fifteen years ago, started new inline store in one of the major mall in Atlanta to start out the new venture with the offering of Vera Bradley and other products with some previous retail experience. Has evolved for next 15 years as the environment of retails has changed.
The reason of selling this business
We started new wholesale business for last two years and want to focus on wholesale business from retail business.
What's involved in running this business
Marketing and advertisement, customer service, HR, payroll, fulfilling online orders, product research and purchase, Social media management.
Traffic and Performance
- Avg. revenue /month$75,192
Verified
- Avg. sessions /month14,798
Verified
- Avg. profit /month$4,400
- Inventory value$180,000
- Profit Margin5%
- Avg. sales /month1,938
Expenses
- Shopify plan
- $299/month
- Inventory warehouse
- $1/month
- Retail space rental
- $21,000/month
- Employees
- $15,000/month
- Domain
- $79/year
- Shopify apps
- $44/month
- Shipping and supplies
- $2,000/month
Sale Includes
Physical inventory
Logo and branding assets
Logos and images of fiore boutique and trademark name of Fiore Boutique will be transferred.Personal support after sale
I can provide onsite training for two weeks in Alpharetta store and additional support for four weeks after two weeks onsite training. This includes following up with refund requests or chargebacks (our return policy is 30days), or help setting up and running the online and offline store including customer complaint support, email, phone call.Domain
Product photos
my-fiore-boutique.myshopify.com has all the product photos and shopify will be transferred to new owner.Suppliers
All suppliers information is available in shopify or separately with purchase record. We have built the good relationship with suppliers for fifteen years.Mailing List
9,000subscribers
Seller‘s Advice
How to grow this business
With strong 45K fully organic instagram followers and over 30K poshmark followers with long history of store followers in Southeastern region, better marketing plan and better product offering can definitely boost your sales with covid retail rebound. Based on retail projections, can expand to either brick and mortal or online or other social channels. Intagram checkout store is already fully running and bringing in the sales from the channel.
Skills to have
Marketing skills, product buying, customer service, social media management skills are helpful but you can hire if needed.
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