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$40,000 USD

Gilchrist Watch Co.

www.gwcwatches.com

Appears in Fashion and apparel , Oberlo stores for sale, Established businesses, Dropshipping, Lifestyle, Home Business for sale, Inventory, United Kingdom, London, Large Business, Business and Franchises under $50,000

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.

Financials and traffic

Seasonal business, strong demand in the period running up to Christmas.

Average profit/month

$1,000 USD

Average overall profit margin

20%

Average number of sales/month

300

Value of inventory

$5,000 USD

Recent revenue

$16,519.35 USD

Recent traffic

19,019 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

Only other costs are the cost of the product

Expense item

Cost

Shopify plan

$150.00/month

Subscriptions (ie. Mailchimp, apps)

$100.00/month

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

$3,500.00/month

Inventory warehouse

$5.00/month

Employees (Including contractors and freelancers)

$250.00/month

Domain

$0.00/month

Inventory

Located in Northampton, UK

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

gwcwatches

Instagram

gwcwatches

Pinterest

gwcwatches

Mailing list

20,000 subscribers

Social media followers

50,000 people

Q & A

Do you work with any employees, freelancers, or contractors?

Virtual agent - order processing, customer service & ad-hoc support.

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

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

1 hours

$40,000 USD

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