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$23,850 USD

Marry Me Wedding Accessories & Gifts

marrymeweddingaccessories.com

Appears in Gifts and collectibles , United States, Arizona, Established stores, Medium Business, Jewelry, Business and Franchises under $50,000, Lifestyle, Home Business for sale, Print on demand, Teelaunch Stores for Sale

General description

Fun wedding accessories and gifts business covering the entire spectrum of the wedding experience including engagement parties, bridal showers, bridesmaids proposal box gifts, bachelorette parties and more. For the bride, popular head pieces, jewelry, and gifts. Decor for events, wedding day and reception, anniversaries and quinceanearas. Sweet 16 and prom would be an easy add. This is a fun business to run for someone who wants to work from home, or as a side gig. If you decide not to run with inventory you can basically run your business from anywhere. Even on vacation. Have established accounts with vendors for drop shipping as well as a printing company to create your own wedding and bridal theme designs, fun t-shirts, totes, hats etc. for the wedding party. You design, they print and ship on demand. I started this business because I am chronically ill and can't work a regular job and needed something I could do from home, but have recently acquired work with a company outside my home willing to be flexible in my work schedule. I planned to keep the business on the side, but have ended up working more hours than originally intended, and with my illness can't keep up with both. Inventory is not included in sale price, but some may be negotiated. Includes Shopify Chip and Swipe reader.

Financials and traffic

When I decided to sell the business I cut my advertising off and have not been marketing at all which is why sales are currently declining, but it is high wedding season right now and easy to make money with a little marketing effort and some advertising in the right places.

Average profit/month

$500 USD

Average overall profit margin

25%

Average number of sales/month

36

Lifetime revenue

$36,469.00 USD

Lifetime traffic

67,388 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

I don't have any subscription costs, but it wouldn't let me enter $0

Expense item

Cost

Shopify plan

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

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

$150.00/month

Domain

$1.00/month

What’s included in the sale

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

Social Media

Instagram

marrymeweddingacc

Pinterest

marry9989

Twitter

MarryMeWedAcc

Mailing list

93 subscribers

Social media followers

1,997 people

Q & A

Why should someone buy this store?

This store is fun and easy to run, easy to add product from drop shippers. Established accounts with other vendors supplying inventory, but you can call the shots as to whether or not you want to carry inventory or just do a straight out drop ship business. All of the drop shippers will let you use their photos and their ad copy. Thanks to a stronger economy and higher discretionary incomes, the U.S. wedding industry edged higher to hit $72 billion in revenue in 2016, according to a report by IBISWorld. The average cost of a wedding today is about $26,000. Wedding conventions and shows are also fun to attend with great opportunity for networking. I will let you know what marketing has worked well for me and what to stay away from. There is no outstanding debt on this business. If you are interested in inventory vendors I will supply a list and work with you to transfer accounts to you. There are some great sites that help with creating ads, design, video advertising and stock photos, which I will share if you purchase this business.

How can the future owner improve the business?

A future owner can improve the business by adding their own sense of style. Most brides are in the 18-34 age range and knowing what is current in fashion and design is extremely helpful in deciding which products to add or let go. Knowing some strong influencers, or being one already, being able to write good ad copy, and a sense of cutting edge social media would be helpful in promoting this business. Pressing customers for favorable reviews would probably be helpful - I get lots of positive feedback, but have not asked people a lot to leave reviews. Email is also an area in which I fell short. Getting more email addresses and email marketing would help. Pop up stores coordinated with other wedding vendors would be fun, but something I couldn't do, due to my illness.

What work have you put into the store?

I built this store using the Shopify platform adding over a thousand products, which I move in and out depending on sales, have bought and maintained an inventory, which will not be included in this sale. I created social media accounts that are linked to the store such as: Instagram, Facebook, Twitter, and Pinterest. I photographed product and created ad copy, advertising, and great relationships with other vendors, wholesalers and customers. I designed the logo. I designed the store using a Shopify theme, chose the name and obtained a private domain. There is an email account and an established shipping company, using a shipping app that integrates seamlessly with Shopify.

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

20 hours

$23,850 USD

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