$130USD

Business Story

Why this business was started

I created Gold Standard Watch after seeing multiple economic watch company's making a killing. After some deep product research it became evident how many people are purchasing these more affordable, simplistic watches and figured Gold Standard could take a piece of the profits for ourselves. With the right marketing and branding efforts, Gold Standard can be a hit this holiday season! I have not ran any major advertising campaigns, hence the low amount of sales.

The reason of selling this business

I have decided to sell Gold Standard Watch because I no longer have the necessary time a company like this needs to grow. I believe under a new committed ownership team Gold Standard can develop a brand that people will recognize and choose to shop with for years to come!

What's involved in running this business

This business is not much different from any other traditional eCommerce/drop shipping business. I have already set up a few great lines of products that will serve you well in the short term, especially with the holiday season right around the corner, marketing and branding is where majority of your time will be spent in this business. Create a great product line and drive traffic to your store (Instagram, Facebook, etc.)

Time to run this business: approximately 5 hours per week

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

    All Gold Standard logo and branding assets will be yours after purchase. We have two different logo variations and a free+shipping advertisement graphic that will be sent to you via email or any other platform that best suits you.

  • Personal support after sale

    I would like to ensure the smoothest store transition possible. I offer you any and all of my knowledge in the business as well as a few hours of my personal time to help you get the store up and running to its highest potential!

  • Domain

  • Product photos

    Not Included

  • Suppliers

    Not Included

  • Mailing list
  • Social Media

Seller‘s Advice

How to grow this business

1) Run multiple marketing campaigns on Facebook and Instagram to drive traffic and create a buzz around the brand. 2) Make the transition into creating your own line of private label products. 3)

Skills to have

1) General business skills. 2) Social Media Marketing skills. 3) Branding/ Private Labeling. 4) Creativeness.

Why buy a business on Exchange

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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.

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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.

MV
Mike V.Running this business for 4 months
Serial entrepreneur for 4+ years. I follow opportunity and use my knowledge as a way to share them with others. I am a believer in entrepreneurship and free enterprise and love being an advocate for spreading the word and love that this community can bring into peoples lives.

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