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
$10,214
Verified
Avg. sessions /month16,995Verified
Avg. profit /month
$10,214
Profit Margin40%
Avg. sales /month450
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
$204,272
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
339,915Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Inventory warehouse
$15
/month
Employees
$300
/month
Domain
$2.42
/month
Sale Includes
Physical inventory
Logo and branding assets
Personal support after sale3 months with Fb ads support.
3 Months with current production / supplier / orders / business
Domain
Product photos8 gigabytes of professional photo and video content
Suppliers
Mailing list
7,100subscribers
Social Media
Total followers25,000subscribers
Share
BogdanRunning this business for over 1 year
I'm perfectionist. And it will be great for you, because our business model is clear and super comfortable! I will give FULL information and support!
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