All prices in USD
$57,000
  • Avg. revenue /month
    $818
  • Avg. sessions /month1,213
  • Avg. profit /month
    $500
  • Inventory value
    $250,000

Business Story

Why this business was started

We created the business to provide Tungsten Rings to jewelers primarily through wholesale. We transitioned into retail and have created a brand that appeals to millennials and can function as a fashion brand as well as a wedding/engagement band. There is a great market and demand for the product and it's waiting for the right team to take it and run!

The reason of selling this business

We evolved into retail and had good success but through distractions with other businesses this one did not get the attention it needed. We have all product stocked and with some effort and consistency the business is ready to really scale. THE STORE IS FOR SALE BECAUSE WE DON'T HAVE TIME FOR IT ANY MORE. You're buying a turn-key business with inventory and a website that can scale instantly at a great discount.

What's involved in running this business

Ideally daily social posts, and fulfillment. It's a very low-stress and easy to run business. Customer service to answer emails and running active social campaigns.

This business was founded: almost 7 years ago
Time to run this business: approximately 1 hour per week

Traffic and Performance

  • Avg. revenue /month
    $818
    Verified
  • Avg. sessions /month1,213Verified
  • Avg. profit /month
    $500
  • Inventory value
    $250,000
  • Profit Margin100%
  • Avg. sales /month10
Other details about profit: The actual profit margin is above 300%.
Last 6 years revenue
  • $58,053
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 6 years traffic
  • 86,190Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $1
      /month
    • Domain
      $15
      /year
    • return magic, power tools suite
      $26
      /month
    • Facebook
      $100
      /month
    • Free photo editing software
      $1
      /month
    • Shipstation
      $50
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      We will transfer all custom code for the store and branding assets via bitbucket and dropbox links.

    • Personal support after sale

      We can provide website technical support for 90 days. We will make introductions to vendors and answer any questions relating to product and procedures within the first 90 days.

    • Domain

    • Product photos

      Photos transfered via dropbox

    • Social media

      Total followers300subscribers

    • Suppliers

    • Mailing List

      2,000subscribers

    Seller‘s Advice

    How to grow this business

    I'd be more active on social media, creating great content and then marketing via facebook marketing to build awareness, increase engagement, and drive growth. This was a pet project and now it needs a new home.

    Skills to have

    Familiarity with social media is a plus.

    Share

    TD
    Tungsten D.Current store owner
    I'm an entrepreneur with a background in web development and marketing. I run a digital agency that helps brands grow online.

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