$2,999USD
  • Avg. Revenue /month
    $395USD
  • Avg. Sessions /month355
  • Avg. Profit /month
    $100USD

Description

General description

All the work is done for you! This a ready made store with style not a basic store that was thrown up in a few days. This store has the potential to make thousands per month in PROFIT

The diamond and jewelry industry is a multi billion dollar industry with huge market potential. Milan Diamonds was created to tap into this lucrative industry. As the founder of this company I have had great success selling on platforms like Ebay, Craigslist etc and i am confident that this Shopify store can scale to great heights.

The store's business model is basically one where customers order either stock design diamond rings or custom made diamond rings from our Shopify store. These are then drop shipped by our internationally recognized supplier, who is one of the largest diamond polishers in the world. Therefore, you do not need to hold stock. The supplier is very reliable and has a global reputation

One of the greatest advantages of this model is that the jewelry comes direct from a major diamond polisher so there are no middle man costs or intermediaries and this allows for very competitive pricing (one of the reasons I have been able to sell many rings)

Why should someone buy this store?

This store has exponential potential. Many online jewelry retailers are selling millions of dollars worth of jewelry each year yet their prices are so expensive. We have a huge competitive advantage resulting from our close connection to our key supplier

With this store you will be given direct access to one of the world's major diamond producers (polishers) and also the great relationship I've built with key personnel in the company (the director/CEO) thus allowing for great deals to be negotiated.

The store also includes a professionally built website and is ready to take orders. All that needs to be done is for traffic to be driven to the store. The average PROFIT margin on each sale is over 120$, and this is when prices are well below market prices. There is a lot of room for expansion and increasing profit

-Our supplier will also give you access to GIA/IGI diamonds at huge rap discounts that allow for decent profit margins

How can the future owner improve the business?

In one word: Traffic! The business already has everything it needs to be successful. The only thing the new owner needs to do is drive traffic!

If you are able to get the right traffic to the site, you will surely see many orders and huge profits.

What work have you put into the store?

-The strong relationship built with key suppliers (a real competitive advantage!)

-The loading and pricing of popular products (the store is fully stocked)

_Quality product photos

-The building of a beautiful and functional web store that looks professional and consumer friendly (something that could easily cost $5000 on its own)

Time to run this business: approximately 6 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $395USD
    Verified
  • Avg. Sessions /month355Verified
  • Avg. Profit /month
    $100USD
  • Profit Margin25%
  • Avg. Sales /month2

Other details about profit:Profit can easily be multiplied. As I spend most of my time selling through other channels I have not focused on advertising my Shopify store much but have still generated sales.

Total revenue
$1,976USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
1,779Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $29USD
    /month
  • Domain
    $1.17USD
    /month
  • Adwords
    $20USD
    /month

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

  • Personal support after sale

    Full training on ordering and order fulfillment. Any additional advice as may be required

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
    50subscribers
  • Social Media
    Total followers650subscribers

Why buy a business on Exchange

Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Secure messaging platform

You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

Encrypted payment capture

Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Take time to inspect the business

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.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

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.

YM
Yusuf M.Running this business for 5 months
I have worked in diamond trading for many years and have the experience needed to guide the new owner. I have also successfully traded diamonds and jewelry online across many different platforms and would love to guide somebody else in doing the same on Shopify

Tags

Similar Businesses

Sold businesses

Our features for a secure experience

Exchange Trust

  • Verified revenue and traffic
  • Secure messaging platform
  • Escrow payment system
  • Dedicated migration team