I wanted to establish my own business and the idea for swimwear came to me when I could never find any classic swimwear that I liked. The swimwear industry is a billion dollar global industry and is still growing. I saw potential for a brand that focused on the elegant female who opts for the classic look.
The reason of selling this business
I am a lawyer by day and I have not been able to dedicate the time to the business. I also have to concede I have not had the industry contacts, nor the social media and web savviness to really get the business off the ground.
What's involved in running this business
Running online and social media advertising campaigns. Posting to social media. Marketing (reaching out to influencers, magazines etc). Fulfilling orders. Trying to get inventory stocked in physical retail stores.
This business was founded:over 2 years ago
Time to run this business:approximately 10 hours per week
Traffic and Performance
Avg. revenue /month
$34
Verified
Avg. sessions /month149Verified
Avg. profit /month
$1
Inventory value
$87,000
Profit Margin1%
Avg. sales /month1
Other details about profit:I have input the above data purely based on mandatory fields. However, the business has operated at a loss to date purely because of the start-up costs. For example, the website cost $15K and the stock cost about $30-40K plus there were other miscellaneous costs such as shipping fees etc. With all these costs already incurred, any buyer would take sales revenue minus there advertising costs, domain costs, Shopify costs etc.
Total revenue
$964
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
4,198Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Inventory warehouse
$0
/month
Domain
$50
/year
Sale Includes
Physical inventory
Logo and branding assets
Trademarked brand name, logo, social media accounts
Personal support after sale
I am happy to provide 2 weeks of training and support after purchase to help get across the Shopify site, the inventory details and the suppliers.
Domain
Product photos
Can transfer via Dropbox
Social media
Total followers13,000subscribers
Suppliers
Not Included
Mailing List
Not Included
Seller‘s Advice
How to grow this business
I believe this swimwear brand has great potential and could take off under the management of someone with existing experience in the online retail world, someone with great contacts, someone who is savvy with social media and has the know-how in getting a website to rank in searches. Getting the brand stocked in physical retail stores would also assist with brand awareness and sales.
Skills to have
Experience in marketing and social media. Contacts in the fashion industry Ive found to be an advantage.
Share
AG
Annette G.Current store owner
I am a lawyer by day who started this online swimwear label out of a desire to pursue something creative and to create a swimwear brand for the confident, elegant female who opts for the classic look.
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