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  • Avg. Revenue /month
    $3,163USD
  • Avg. Sessions /month1,928
  • Avg. Profit /month
    $8,500USD
  • Inventory value
    $48,000USD
Description

General description

July Nine is an on-trend bag brand with a unique roll up design. July Nine was founded six years ago in Bend, Oregon. Since that time it has evolved from a DTC focused strategy to a profitable wholesale business with captive accounts in the US and Asia. July Nine has an active wholesale business in high growth Asian markets including Japan, South Korea, Hong Kong, and Taiwan. Within the US, a new owner has an opportunity to further expand in domestic markets through a retail, wholesale and e-commerce channel strategy. Opportunity exists to effectively market July Nine products using Facebook/Instagram advertising, Amazon Marketplace and Google Ad Words. All products are designed and owned by July Nine and are truly unique to our brand. In the last six years, July Nine has had a Compound Annual Growth Rate of 84.06%. In the last two years, revenue was $700K. Utilizing an efficient distribution and 3PL strategy, July Nine products are manufactured in Los Angeles and arrive at our facility ready to ship. Our distributors are responsible for the sales, PR and local shipping. We monitor inventory levels, broker the sales and bulk ship the bags to the buyer's warehouse.

Why should someone buy this store?

-Our "Sushi Sack" bag design is truly unique, and has created a strong customer base over the last 6 years in business. -International distribution network -Captive Asian markets with higher profit margins due to higher retail/wholesale pricing -Strong established branding -Broad growth opportunities in the USA and online -Access to domestic suppliers and manufacturers -Investment made in custom tooling for low cost manufacturing -Additional product ideas for future sales seasons -Inside market knowledge for successful business practices

How can the future owner improve the business?

-Increase our web sales- massive opportunity for someone who has strength in online sales and marketing -Marketing push- create a more consistent plan -Untapped US market -We primarily focused on wholesale leaving retail open for growth potential -Continue to expand our product line with innovative product ideas

What work have you put into the store?

From the original idea launched on Kickstarter in 2012 until now, we have done it all from the ground up with no outside financing or equity. In the early years, we operated an in-house sewing team but moved the manufacturing to California in 2016 to keep up with demand and lower our expenses. R&D has created the most efficient use of materials and USA manufacturing process. There is very little waste and every production second is accounted for. Sourcing has taken years to vet and refine. We are confident we work with the best in the industry. We have tailored July Nine's look and feel to feature light, bright and modern branding that reflect the usability and status of carrying a July Nine bag. Through trial and error we have developed an in-depth knowledge of our brand and customer ensuring that all products continue to be top sellers year after year. We will pass our brand knowledge and strategy to the new owner. It is important to us that the July Nine brand continues to thrive under new ownership. .
Traffic and Performance
  • Avg. Revenue /month
    $3,163USD
  • Avg. Sessions /month1,928
  • Avg. Profit /month
    $8,500USD
  • Inventory value
    $48,000USD
  • Profit Margin33%
  • Avg. Sales /month25
Traffic and Revenue data comes directly from Shopify and can not be edited by the seller.
Last 3 years revenue
$139,193USD
Last 3 years traffic
84,848Sessions
Expenses
  • Shopify plan
    $29USD
    /month
  • Domain
    $7.92USD
    /month
Sale Includes
  • Physical inventory

  • Logo and branding assets

  • Social media accounts

  • Personal support after sale

  • Domain

  • Product photos

Social Media

Social followers7,217subscribers
GL

Garrett L.

Running this business for almost 5 years
Studied industrial engineering and minored in business at Oregon State. I soon discovered that my skills were better suited for entrepreneurship, so after college I started July Nine. Married for 3 years, an avid snowboarder and looking forward to starting more brands.
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