• Avg. Revenue /month
    $15,692USD
  • Avg. Sessions /month18,183
  • Avg. Profit /month
    $1,000USD
  • Inventory value
    $5,000USD

Description

General description
  • Online Watch Retailer; affordable luxury. Inception: November 2014.

  • Social Media: 36,000+ followers on Instagram (@gwcwatches), 20,000 likes on Facebook.

  • Email list of over 20,000.

  • $257,962 revenue over the last 12 months.

  • 338,912 Total sessions for the last 12 months.

  • Strong relationships established with major magazines (GQ, Esquire, Men's Health, Stuff, Men's Fitness, Top Gear and more).

  • Virtual Assistant deals with all customer service & order processing.

  • Requires approx. 2 hours per week to maintain current trajectory.

  • Potential to move into a range of other accessories.

  • Strong Brand.

  • Slick & Easy to Manage supply chain.

  • Any questions, please send us an email.

Why should someone buy this store?
  • Proven business model
  • Steady stream of income, cash generative
  • Low time requirements
  • Mostly automated
  • History of significant revenue generation with the correct resources
How can the future owner improve the business?
  • Potential to hugely enhance revenues if dedicate some resource to various marketing channels - e.g. Facebook marketing
  • Leverage email marketing
  • An enhanced product set would also significantly improve the value of the business
  • Expand into other products
What work have you put into the store?
  • Built the website
  • Developed the business model
  • Grew social media channels
  • Developed brand recognition
  • Established marketing relationships
  • Established supplier relationships
  • Generated approx $200k of revenues in 1 year
  • Selected and grew product set
Time to run this business: approximately 1 hour per week

Traffic and Performance

  • Avg. Revenue /month
    $15,692USD
    Verified
  • Avg. Sessions /month18,183Verified
  • Avg. Profit /month
    $1,000USD
  • Inventory value
    $5,000USD
  • Profit Margin20%
  • Avg. Sales /month300
Last 3 years revenue
$721,830USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
836,455Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $150USD
    /month
  • Inventory warehouse
    $5USD
    /month
  • Employees
    $250USD
    /month
  • Domain
    $0.83USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers50,000subscribers

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.