$6,300USD
  • Avg. Revenue /month
    $32USD
  • Avg. Sessions /month327
  • Avg. Profit /month
    $150USD
  • Inventory value
    $8,000USD

Description

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!

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.
Time to run this business: approximately 8 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $32USD
    Verified
  • Avg. Sessions /month327Verified
  • Avg. Profit /month
    $150USD
  • Inventory value
    $8,000USD
  • Profit Margin80%
  • Avg. Sales /month2
Total revenue
$476USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
4,917Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $20USD
    /month
  • Domain
    $12.50USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

    Not Included

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers6,750subscribers

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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.

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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.

RC
Rey C.Running this business for about 1 year
I started the Lorenzo Life store as a means to try online retail. I've been very successful in brick and mortar businesses selling services and products up to a gross revenue of $1.2M. After being slightly successful in the immediate short term, I learned that online retailing is not quite for me but I've done a lot of work to get the store completely operational and have also learned that online retailing is a completely different kettle of fish.

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