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$920 USD

Jarett

jarett.co.uk

Appears in Fashion and apparel , United Kingdom, Small Business, Business and Franchises under $5,000, Businesses using Easyship for Sale, Dropshipping, Home Business for sale, Lifestyle, Oberlo stores for sale, Spocket Stores for Sale

General description

The business was started as I was interested in starting my own business but I had always thought of it requiring large investments of money which I have never really had. However once I had discovered drop shipping it made the whole idea turn into a reality as I was able to start finding products that I was able to make a good profit margin on and that had a very high demand. So far I have put in 3 months of non stop work dedicating all my time to improving the business. Often times working on the business for 10-12 hours a day. Aside from the store there is also an Instagram account that will be included. This business model is drop shipping as I find products from various Chinese suppliers and sell them on my website for an increased price. Then when I receive an order I buy it from the supplier and they will ship the product to my customer and the business will then keep the profits. This therefore requires no need to hold the inventory yourself. The way that we attract customers we use facebook advertising and Instagram advertising as we specifically show our adverts to the specific target market who would be best suited to each product. Typically it will cost £10 per day to generate 1 sale, although occasionally £10 a day has generated 2-4 sales per day. Currently we do have returning customers as our customer returning rate is close to 2%. The reason for selling the business is due to some personal issues in my life and I feel that I cant give 100% effort into running the business and hope that someone else may be able to carry it on for me.

Financials and traffic

Average profit/month

$1,026 USD

Average overall profit margin

28%

Average number of sales/month

25

Average Monthly revenue

$287.09 USD

Average Monthly traffic

1,419 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

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$35.00/month

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

$382.00/month

Domain

$1.00/month

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

Jarett

Instagram

jarett_limited

Mailing list

50 subscribers

Social media followers

258 people

Q & A

Why should someone buy this store?

The reason why someone should buy this store is that there is a lot of room for growth with regard to the number of products we have, the type of products we have, and the methods used for marketing the product. Furthermore the business already has a good customer base with a strong email list that can be used to bring customers back to buy more products . Overall due to the potential earnings that can be made from the business, it makes it an attractive business to purchase.

How can the future owner improve the business?

The future owner could improve the business buy expanding into areas such as clothing, as well as focusing more on women's accessories. In addition to this they could use social media influencers to generate more exposure and have a greater chance of improving the revenue.

What work have you put into the store?

So far I have put in 3 months of non stop work dedicating all my time to improving the business. Often times working on the business for 10-12 hours a day in the early stages.

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

30 hours

$920 USD

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