All prices in USD
$4,495
  • Avg. revenue /month
    $266
  • Avg. sessions /month793
  • Avg. profit /month
    $213
  • Inventory value
    $8,107

Business Story

Why this business was started

An old colleague of mine had a client who sells these rings. She showed me how by only spending ~$1,000/mo on Facebook/Instagram Ads, she took her client's sales from $0 to ~$19,000/mo within a few months. So I decided to jump into the space but do it better since I already have the formula for how to grow it quickly.

The reason of selling this business

When I first started setting up the business, I had a very easy-going full-time job in southern California. I sourced and vetted suppliers to find the best one in terms of service and quality. I got the product photos taken. I created the website and set up abandoned cart emails. I set up and linked an email marketing automation platform. I ordered inventory. I got everything set up and ready to go. Around the same time the site was ready to launch, I moved to San Francisco for a new job that takes all of my time, and more, so I decided to sell my business.

What's involved in running this business

Running this business is straightforward. Order from the supplier, advertise the rings, fulfill the orders. I already have an initial inventory ready and organized.

This business was founded: about 1 year ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $266
    Verified
  • Avg. sessions /month793Verified
  • Avg. profit /month
    $213
  • Inventory value
    $8,107
  • Profit Margin80%
  • Avg. sales /month2
Other details about profit: Very little advertising.
Total revenue
  • $3,730
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 11,114Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $1
      /month
    • Domain
      $48
      /year
    • G-Suite Email
      $6
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      - Logo - Banner Images - All Branding Assets - Sent with DropBox, OneDrive, or any other cloud service
    • Personal support after sale

      - Exact advertising method and targeting used to take my old colleague's store selling the same rings from $0 to ~$19,000/mo in sales within a few months. - Introduction to our supplier that's been vetted for both service and quality. We have a great relationship with a representative at the factory. - A complete walkthrough of the fulfillment flow. - Personal support for one year, answering any additional questions you may have.
    • Domain

    • Product photos

      All product photos will be sent with DropBox, OneDrive, or any other cloud service
    • Social media

      Total followers15subscribers
    • Suppliers

      Not Included
    • Mailing List

      69subscribers

    Seller‘s Advice

    How to grow this business

    • Utilize organic social media.
    • Run Facebook/Instagram ads.
    • Use email marketing to have repeat customers.
    • Team up with micro-influencers.

    Skills to have

    Not required, but marketing skills are recommended. Everything is set up and operating smoothly. All that's needed is to spread the word or advertise them.

    Share

    AX
    Anthony X.Current store owner
    I work in San Francisco as an analyst and I started this website as a side project.

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