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$1,000 USD

Momo's Toys

momostoys.com

Appears in Starter stores

General description

Hey there! I started Momos Toys LLC (registered in New Jersey) about a year ago as a project to dip my feet into the waters of dropshipping and ecommerce. When you go to store looking for some type of plush toy, you are met with exorbitant prices. I decided that I would create a dropshipping business that sold plush toys which were affordable with free shipping. I worked on it for a month, until my freshman year at college started. I set up the website, contacted vendors on Aliexpress and negotiated cheaper prices, and was advertising though Google Ads. Unfortunately, I started to get busyy and I couldn't give Momos Toys LLC the time and attention necessary to get it off the ground. Hopefully the next owner can do what's necessary and make Momos Toys LLC a contender in the sales of the plush toy (or any toy of your choosing) industry. Please note that this listing is the sale of both the website and Momos Toys LLC. The LLC was established so taxes could be collected and paid, as well with getting the proper legal protection necessary to ensure relatively seamless functioning of sales and (most importantly) profit. Once I receive the payment, the ownership and agents of Momos Toys LLC will be changed over to you. The store has been paused since December 2017

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

MomosToys

Mailing list

5 subscribers

Social media followers

0 people

Q & A

Why should someone buy this store?

Momos Toys LLC is very much like a mold that's just been set. It has the base for you to expand, but at the same time, it's still fresh enough for you to make whatever changes you wish without much effort. You don't just have to sell plush toys (or at all for the fact of the matter), you can sell any toy(s) or any other product. You want to sell kitchen accessories? Home furnishings? RC toys? The platform to do so has already been set up. With a little more time and effort, the changes can be made. The Limited Liability Corporation not only shields your personal assets, but also gives you the necessary tax protections. You only have to charge sales tax within the state of New Jersey. Your store, your company, your ideas.

How can the future owner improve the business?

Most importantly, you need to give it time and effort (which I gave for only a month). Something that I wasn't able to really work on, SEO, is immensely important due to how effective it can be in getting more website traffic and sales. Once that happens, many oppertunities will open up in creating new revenue streams and maybe even expanding product lines. Lastly, the new owner needs to create Social Media pages to better publicize Momos Toys LLC and to reach a targeted audience interested in the products you would be selling.

What work have you put into the store?

I made the business a legal entity, Momos Toys LLC, and created the website, momostoys.com. I have also put in many hours of researching store ideas, product ideas, website design, contacting many vendors/ suppliers, negotiating prices, and began advertising.

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

40 hours

$1,000 USD

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