All prices in USD
  • Avg. revenue /month
    $10
  • Avg. sessions /month61
  • Avg. profit /month
    $1
  • Inventory value
    $6,000

Description

General description

A watch company equipped with an Instagram page of 4,400 followers (@intempotimepieces), a functioning complete website, a brand, a logo and 200 watches (100 each of 2 different colours). The sole reason for sale and not continuing this brand is no time to establish essential marketing required for the success of this business. As a part time gig this brand and company did not reach the potential it should have.

Why should someone buy this store?

This store comes with a finalized product, a brand, logo, Instagram account with 4,400 followers, a dedicated supplier and 200 watches.

How can the future owner improve the business?

Essentially the only downfall of the store was not having time to market the product as it should have been. Having a full-time job already there was not enough time to dedicate to the success of this business.

What work have you put into the store?

Marketing of the products, the store is complete in its current state.

This business was founded: about 3 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $10
    Verified
  • Avg. sessions /month61Verified
  • Avg. profit /month
    $1
  • Inventory value
    $6,000
  • Profit Margin64%
  • Avg. sales /month2

Other details about profit: The business has not been operational since 2016, as a result sales data is not relevant. The profit margin was approximately 64%, for the cost of all goods it was approximately $40, with a sale price of $109.

Total revenue
  • $356
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 2,279Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $30
      /month
    • Inventory warehouse
      $1
      /month
    • Domain
      $12
      /year

    Sale Includes

    • Physical inventory
    • Logo and branding assetsVia email or a preferred method to the buyer.
    • Personal support after saleOpen to assisting and answering any questions in regards to the operation of the business and assist in making contact with the supplier of the watches.
    • Domain
    • Product photosVia email or a preferred method to the buyer.
    • Social media
      Total followers4,400subscribers
    • Suppliers
    • Mailing listNot Included

    Seller‘s Advice

    How to grow this business

    Marketing of the business is its only downfall in my opinion. If a better marketing plan could have been adapted with greater investment in SEO as well as providing free watches social media influences I believe this business could have potential to takeoff.

    Skills to have

    None that comes to mind, if questions to arise I am happy to work with the purchaser answering any questions.

    Share

    LK
    Luke K.Current store owner
    I am a graduate engineer who is working full-time in industry hoping to move towards a more engineering oriented career path. The watch business was a part time gig during uni which did not fruition into what I believe is possible of the business. A more dedicated and eager entrepreneur I believe will have much more success than myself.

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