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$45,000 USD

Gaxs Watches

www.gaxswatches.com

Appears in Fashion and apparel , Business and Franchises under $50,000, Large Business, Inventory, Established stores, Highly Profitable businesses

General description

Gaxs Watches is a Swedish independent watch brand founded in 2012 with a desire to design timeless watches with high quality to a decent price that put that extra style into your everyday look. We want to give you the opportunity to wear more than one watch during all different situations and happenings during a day. With our minds set on this goal, we started the journey towards finding a manufacturer who could meet our needs in both quality and design. After locating a partner the design process could finally begin, we spent months working with details and fabrics and shipped watches back and forth across the globe. In the end of 2012 we released our first collection. We are constantly working to develop our brand and released our Second Collection in June 2015 and Third Collection one year later, in June 2016. New collections from Gaxs Watches will be release in the future. All watches are designed in Stockholm, Sweden. All operations are done from Berlin. 
Clean angular design combined with different materials like stainless steel, genuine leather and canvas. That's what defines the Gaxs Watches DNA.

Financials and traffic

Average profit/month

$1,500 USD

Average overall profit margin

88%

Average number of sales/month

10

Value of inventory

$6,500 USD

Lifetime revenue

$359,935.00 USD

Lifetime traffic

307,654 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Expense item

Cost

Shopify plan

$59.00/month

Subscriptions (ie. Mailchimp, apps)

$50.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$50.00/month

Inventory warehouse

$150.00/month

Domain

$16.00/month

Inventory

The inventory is stored save and is insured. We could even offer to keep doing the fulfillment and make sure everything is proper insured. So you would not need to take care of the shipping setup. For the insurance we would need to charge a small monthly fee and a small fee per shipment. We have a highly professional setup and ship daily.

Located in Berlin

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

gaxswatches

Instagram

gaxswatches

Pinterest

gaxswatches

Twitter

gaxswatches

Mailing list

4,197 subscribers

Social media followers

115,031 people

Q & A

Why should someone buy this store?

You here find a store with a highly professional setup, beautiful designed products and an already build up reputation with more then 100k social media followers and over 4000 happy customers. All the groundwork is done and a very good base is build. You would have enough stock to self finance the next collection and our professional help for fulfillment, cooperations and distribution if wanted. The shop will give you a huge headstart in your adventure as a watch manufacturer and business woman/man.

How can the future owner improve the business?

With our other business in the watch sector, the time unfortunately is missing to give Gaxs the attention it deserves. By being highly active in communities, getting in touch with new resellers, re-activating old resellers and push the brand to more visibility, you can build a very good side business with it very fast - as all the setup is there. With the right execution and time investment, as well as by building a new collection you can make it your main job quickly as well. We would be there to help you out, make operations easier for you (we can keep doing the fulfillment if needed) and giving you advise. We are highly interested in a buyer that wants not only to keep Gaxs alive but also develop it further and let it thrive. That said we would be also open for cooperations with our big watch blogs and watch shops of course to give you a lift.

What work have you put into the store?

  • Web and mobile Design
  • Payment providers are implemented
  • All build as an up to date professional E-Commerce shop

How many hours does it take to run this business per week?

5 hours

$45,000 USD

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