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$5,000 USD

Lou N Rae

www.lounrae.com

Appears in Fashion and apparel , Brighton, Michigan, United States, Medium Business, Inventory, Highly Profitable businesses, Business and Franchises under $5,000

General description

Lou N Rae is a Mother/ Daughter team bringing affordable pieces to everyone in our community. We wanted to start this business because we saw that everyone was buying their clothes online and during their lunch hour but they were so disappointed with the product they received. We felt that if everything sent out passed through our hands before they went out we could regain the trust of the buyer and their online buying experience. We have been in business for a year and a half and enjoy what we do. We have our own inventory we gather from wholesalers and we ship from our inventory. We found that if we drop shop we may not know the quality that we are giving our customer and would lose them. We engage our customers online through various social media outlets, we have affiliates that get our products at a great discount in exchange for their social media presence. We generate sales through advertisements, pop up shops and returning customers. Over 90% of our customers are returning and have had over five orders.
We hope to find the right seller to treat our "baby" right as we have some unexpected life changes upon us and can't give it the time it needs but think it should continue on because we are establishing a brand and it's still gaining fans. We are losing the momentum because we cannot give it what it needs and we don't want to stunt its growth.

Financials and traffic

Average profit/month

$500 USD

Average overall profit margin

70%

Average number of sales/month

5

Value of inventory

$2,000 USD

Lifetime revenue

$8,446.00 USD

Lifetime traffic

5,875 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

Expense item

Cost

Shopify plan

$35.00/month

Subscriptions (ie. Mailchimp, apps)

$15.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$50.00/month

Domain

$1.00/month

Inventory

Located in Canton

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

Q & A

Why should someone buy this store?

Someone should buy the store because they will acquire an entire business that is pretty much turn key, we have multiple website templates already to go and we are able to send all inventory to the buyer along with materials to make it easy to take this business in a continuous upward direction. We would want to provide you with support and see something succeed and we would help anyone if they wanted or needed it.

How can the future owner improve the business?

The business can be improved with increase marketing ability and networking connections.

What work have you put into the store?

We have built the website, hosted multiple pop up stores, bought all the inventory, picked the inventory, photo shoots, product loading, marketing, etc.

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

5 hours

$5,000 USD

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