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$2,999USD
  • Avg. Revenue /month
    $369USD
  • Avg. Sessions /month354
  • 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
    $369USD
  • Avg. Sessions /month354
  • Avg. Profit /month
    $100USD
  • Profit Margin25%
  • Avg. Sales /month2
Traffic and Revenue data comes directly from Shopify and can not be edited by the seller.
Total revenue
$1,107USD
Total traffic
1,063Sessions
Expenses
  • Shopify plan
    $29USD
    /month
  • Domain
    $1.17USD
    /month
  • Adwords
    $40USD
    /month
Sale Includes
  • Physical inventory

    Not Included

  • Logo and branding assets

  • Social media accounts

  • Personal support after sale

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

  • Domain

  • Product photos

Social Media

Social followers650subscribers
YM

Yusuf M.

Running this business for 3 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
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