Branded Store (Store+Stock of 800 paid products+Exclusive supplier+Fb Pixel)

gimmestone.com
$129,900USD
  • Avg. Revenue /month
    $9,094USD
  • Avg. Sessions /month17,083
  • Avg. Profit /month
    $7,890USD

Description

General description

This business is less than two years old and is a well-known brand amongst stone accessories lovers (Interested buyers may confirm this by googling the brand). Revenues are generated organically (15%) and with paid ads (Facebook and Instagram). The store is receiving a minimum of 10 orders per day, average order is $76. All products have private label packaging. As well as single unit sales, the store regularly supplies 4 wholesale customers who order in bulk (Contact details for the wholesale customers will be forwarded to the new owner).

Highlights This opportunity presents the new owner flexibility with regard to active or passive management. The new owner could easily take on all tasks with little prior experience or expertise, (which currently do not exceed 10-15 hours per week), or delegate the responsibilities to trusted contractors of their choosing. This business presents a great acquisition opportunity for an individual or business looking to break into or expand their presence within the high-product niche with an established brand and proven business model.

The business is fully automated with a fulfillment center, that manages the stock, processes and fulfills orders. Orders are processed on the same day they are placed to ensure the timely delivery of all orders (Worldwide orders are usually received by customers in 6-14 calendar days). All products are handmade in our manufactory, it usually contains 800-1000 units stock.

NOTE: Products cost $7 to produce and $6 for worldwide shipping. Products are sold for $64.90 ($59.9 price + $5 shipping & handling) - A Profit Margin of 855%

The current marketing initiative also consists of shout outs/promotion from top Instagram influencers and reviews from top bloggers who have MacBook. Due to their lover of the products, the influencers and bloggers promote the brand for free. Gimmestone simply sends samples of the product to the influencers to review and promote on their pages/blogs. In addition to the above, the seller has put together a mailing list that has proven to be a great marketing strategy and that mailing strategy generated about $10k.

The dip in sales on summer was due to low inventory and focusing on other ecom business. But the sales have since picked back up and the store's performance has normalized, and the store is projected to generate over $30,000 in sales each month. Finally, Gimmestone is already prepared the marketing and ad campaigns for the holiday period (Q4) and the current projection is that the sales will exceed the sales from last year.

Why should someone buy this store?

Business Model. You are here to find something, that will have potential. And something, which you don't have to invest too much. Everything works perfect, without your attention! But if you want, everything can been done in several minutes/hours!

How can the future owner improve the business?
  • To do more ads
  • To work with more influencers
  • To add other stone accessories
  • To add other colours for repeating customers
  • Lots of ways, which we haven't done. As for me, i need to move to another country for work of my dream, which can bring me more money.
What work have you put into the store?

Everything is working well, our cost per production is super cheap. And as for shipping - it takes us $5 to ship worldwide (8-12 days to get to every country)

Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $9,094USD
    Verified
  • Avg. Sessions /month17,083Verified
  • Avg. Profit /month
    $7,890USD
  • Profit Margin40%
  • Avg. Sales /month300

Other details about profit:We started making ads in november 2017, and we found that it is a winner. So, you can find that our revenue is always growing up!

Total revenue
$163,700USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
307,511Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $29USD
    /month
  • Inventory warehouse
    $15USD
    /month
  • Employees
    $300USD
    /month
  • Domain
    $2.42USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers22,000subscribers

Why buy a business on Exchange

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Take time to inspect the business

Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.