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$99,900 USD

MINUSEY

www.minusey.com

Appears in Fashion and apparel , Established businesses, Large Business, Inventory, Highly Profitable businesses, Business and Franchises under $100,000

General description

  • OUR OFFER PRICE IS FINAL AND $50,000 BELOW VALUATION PRICE BY SHOPIFY *

Minusey has a great business model where a seller can put in minimum input (labor any investment) for maximum output. This is a very lucrative business that anyone with interest in fashion can easily run. We're looking for a serious buyer who can continue to grow the business and keep our brand value. We will be providing 40 hours of training prior to opening the store and support for the first 3 months with procurement, vendor relationship management, marketing execution and PO submissions.

Minusey is a global online retail front that specializes in women’s fashion. It has been in business since the Spring of 2012. It is a widely recognized women's fashion retail store with customers all over the world including the US, Italy, France, Germany, Hong Kong, Singapore, UAE, Australia among many others.

We’re a steady seller in business with stable revenue, foot traffic and a well-established social network accounts as well as a loyal customer base. By executing high marketing budget in the early years, Minusey has been able to gain worldwide recognition (Google Minusey images to see the marketing collaborations we did as well as search for @/#minusey).

Our profit margin is strong (60%) due to high mark-ups (250-300%) allowed by 1. low/0 inventory cost, 2. great product quality procured from selective trust-worthy wholesalers, 3. efficient operation and 4. minimum labor cost (one person can run this business since there is no photo shoot/editing necessary as they are provided by our designers/suppliers, no business meetings or merchandising as procurement is done on online wholesale platform).

What's best about us is that all of our suppliers provide ready-to-use product pictures (no photo shoot is necessary) and they supply stocks to us at as low as 1 unit per order (and ships within 7 days since order with the minimum quantity of 1 unit per style as long as they have inventory) due to our long-lasting partnership. We will be handing over all the exclusive supplier list and help you set up your relationship and get your business on the roll.

We will also transfer our subscription to the wholesale delivery service company (who picks and forwards the wholesale items from the designers to Minusey on a daily basis with a 3% commission fee) to the new owner for smooth and extremely cost-effective operation.

Minusey has also collaborated multiple times with renowned influences such as Chiara Ferragni and Aimee Song building presence in the fashion world and executed over $200,000 in marketing to date.

The new owner will also have direct access to hundreds of Korean designers through an online wholesale platform, which allows easy merchandising, procurement and purchasing. She will even be able to offer wholesale to local businesses or other retailers as we've done for many on/offline boutiques in Europe. The owner will never have to go on business trip or have meetings with designers/vendors/suppliers as this can be all achieved by this online wholesale platform.

  • OUR OFFER PRICE IS FINAL AND BELOW VALUATION PRICE BY SHOPIFY *

Financials and traffic

Our profit margin is strong due to high mark-ups (250-300%) allowed by 1. low/0 inventory cost, 2. great product quality procured from selective trust-worthy wholesalers, 3. efficient operation and 4. minimum labor (no photo shoot/editing as they are provided by our designers/suppliers, no business meetings or merchandising as procurement is done on online wholesale platform).

Average profit/month

$9,000 USD

Average overall profit margin

60%

Average number of sales/month

214

Value of inventory

$4,000 USD

Average Monthly revenue

$21,280.51 USD

Average Monthly traffic

24,713 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

What's best about us is that all of our suppliers provide ready-to-use product pictures (no photo shoot is necessary) and they supply stocks to us at as low as 1 unit per order (and ships within 7 days since order, order can be made at any time as long as they have inventory) due to our long-lasting partnership. We will be handing over all the supplier list and help you set up your relationship and get your business on the roll.

Expense item

Cost

Shopify plan

$89.00/month

Subscriptions (ie. Mailchimp, apps)

$99.00/month

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

$1,000.00/month

Inventory warehouse

$400.00/month

Domain

$0.00/month

Inventory

What's best about us is that all of our suppliers provide ready-to-use product pics and sell stocks as low as 1 unit per order (and ships within 7 days since order, order can be made at any time as long as they have inventory) due to our long-lasting partnership and easy/efficient online wholesale platform virtually integrating hundreds of designers/suppliers in Korea.

Located in Seoul

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

Social Media

Facebook

Minusey

Instagram

Minusey

Pinterest

Minusey

Twitter

Minusey

Mailing list

6,000 subscribers

Social media followers

85,000 people

Q & A

Why should someone buy this store?

We’re a steady seller in business with stable revenue, foot traffic and a well-established social network accounts as well as a loyal customer base. By executing high marketing budget in the early years, Minusey has been able to gain worldwide recognition (Google Minusey images to see the marketing collaborations we did as well as search for @/#minusey).

What's best about us is that all of our suppliers provide ready-to-use product pictures (no photo shoot is necessary) and they supply stocks to us at as low as 1 unit per order (and ships within 7 days since order with the minimum quantity of 1 unit per style as long as they have inventory) due to our long-lasting partnership. We will be handing over all the exclusive supplier list and help you set up your relationship and get your business on the roll.

We will also transfer our subscription to the wholesale delivery service company (who picks and forwards the wholesale items from the designers to Minusey on a daily basis with a 3% commission fee) to the new owner for smooth and extremely cost-effective operation.

How can the future owner improve the business?

Just keep doing what we are doing! Work with FB, IG and influencers that we have already established relationship with.

What work have you put into the store?

  1. Intensive marketing through Facebook, Instagram and influencers such as Chiara Ferragni and Aimee song to gain recognition and have spent over $200,000 in marketing to date.

  2. Supplier/designer searching and relationship building with only the best, high quality and reliable vendors in Korea. This is a great asset as the new owner will have exclusive business with these brands who are very loyal to Minusey.

  3. Social network building including Instagram and Facebook with a total of 85000 organic followers collectively.

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

35 hours

$99,900 USD

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