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$6,300 USD

Lorenzo Life

lorenzolife.com

Appears in Fashion and apparel , Australia, Western Australia, Business and Franchises under $10,000, Inventory, Cell Phone, Small Business, Highly Profitable businesses

General description

Luxury Sunglasses Brand started by Founder Lorenzo from Australia wanted to sell luxury sunglasses to the world which are polarised, UV400, metallic finish and do not cost 'an arm and a leg' to purchase.

Fashion Sunglasses Business starting with 3 styles: aviators, festival sunglasses and women's 'cat eye' style sunglasses.

Price includes:
- 850 total Units Of Sunglasses, Cases, Cloths, Packaging Boxes and business card sized Information Cards. Sunglasses and cases are all laser engraved with "Lorenzo" logo.
- All sunglasses are UV400 protective lenses with mirror finish.
- Aviator sunglasses are also Polarised lenses.
- Instagram Media Account: @thelorenzolife (6750 organically grown followers)
- Privately Owned Domain [REDACTED]
- Ready to Run Shopify Store
- Professional Product Photography
- Great supplier and reliable source, via [REDACTED] but business methodology can be applied to all products for a scalable product range!

Financials and traffic

Average profit/month

$150 USD

Average overall profit margin

80%

Average number of sales/month

2

Value of inventory

$8,000 USD

Lifetime revenue

$451.00 USD

Lifetime traffic

3,860 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Advertising has been through the organic growth medium within Instagram.

Expense item

Cost

Shopify plan

$20.00/month

Domain

$12.00/month

Inventory

Total items will be shipped to the successful buyer anywhere in the world.

Located in Perth, Australia

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

thelorenzolife

Instagram

thelorenzolife

Mailing list

30 subscribers

Social media followers

6,750 people

Q & A

Why should someone buy this store?

It's a startup with a dream to break down the high costs of luxury designer sunglasses and allow the people of the world to enjoy affordable and beautifully luxurious sunglasses.

How can the future owner improve the business?

Use advertising mediums instead of simply word of mouth arrangements and organic Instagram growth to improve sales and also use the existing methodology to produce more branded material via local or outsourced laser engravers.

What work have you put into the store?

  • Built the Shopify Store
  • Sourced multiple products from multiple factories and have developed a sourcing methodology for purchasing items from china and online via Alibaba or DHGate.
  • Tested the sunglasses for wear and tear.
  • Tested extensively what works to put the logo onto the sunglasses (originally pad printing failed so went to laser engraving)
  • Completed photo shoots of the sunglasses locally and internationally for images to put onto Instagram.

How many hours does it take to run this business per week?

8 hours

$6,300 USD

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