All prices in USD
  • Avg. revenue /month
    $14,776
  • Avg. sessions /month3,571
  • Avg. profit /month
    $10,210

Business Story

Why this business was started

Interest in fashion and manufacturing with background in manufacturing and designing. I saw a hole in the market at the time for the brand and it has grown slowly over the years to have become a solid fashion brand.

The reason of selling this business

I have been hired by another company and can't run both companies at the same time. Decided to sell the company instead.

What's involved in running this business

Designing and manufacturing the goods to be sold - packing and shipping orders. Maintaining social media sites and frequent newsletter emails etc. Attend tradeshows if you want to expand into B2B sales. We have had 35 retailers world wide which turnover and numbers aren't included in this ad. Huge potential here too for new owners.

This business was founded: over 7 years ago
Time to run this business: approximately 25 hours per week

Traffic and Performance

  • Avg. revenue /month
    $14,776
    Verified
  • Avg. sessions /month3,571Verified
  • Avg. profit /month
    $10,210
  • Profit Margin70%
  • Avg. sales /month150
Other details about profit: About 70-80% profit margins. Not included in this listing is the potentials for B2B sales for new owners - because of time issues I decided to maintain only online sales, but in 2018 and 2019 the B2B turn over was more than 450.000 USD both years! This is a solid company.
Last 7 years revenue
  • $1,226,380
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 7 years traffic
  • 296,449Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Domain
      $30
      /year
    • Adobe CC, Mailchimp, Shopify, Shopify Apps, Shipping Samples etc
      $150
      /month
    • Adobe CC
      $30
      /month
    • Accountant and software
      $100
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Everything will be transferred to new owners such as logos, imagery, 7 years image bank, sales reports, design documents (HIGH VALUE AS CAN MAKE RERUNS OF BEST SELLING STYLES)
    • Personal support after sale

      Yes. I would love to get new owners well set up for their new business. I will transfer files, help you understand the business and the opportunities and introduce to partners and workflows etc. For any specific requests by new owners i will happily assist to the best of my capabilities. As per standard i will suggest new owners that after 12 months after company transfer my support periode will end, however i'm willing to discuss a longer support periode.
    • Domain

    • Product photos

      Everything will be transferred to new owners at the new owners preferable way - for example via WeTransfer or DropBox link for all company folders.
    • Social media

      Total followers7,000subscribers
    • Suppliers

      Currently the company works with one supplier who handelse 30+ factories specialised in different product categories. The new owners will be introduced to all partners. A nice beginning for potential owners could be a rerun of the best selling styles for the last couple of years which the current owner will assist with. The expenses for manufacturing goods are approximately 10 USD for a product retailing at approximately 70-100 USD depending on manufacturing volume. In other words great margins!
    • Mailing List

      3,500subscribers

    Seller‘s Advice

    How to grow this business

    Invest in marketing and social media channels and influencer marketing! If the new owners masters these skills or partners with a bureau there will be great potentials ahead - the current owner haven't had time or knowledge to invest in these areas so the potential growth opportunities are unknown.

    Skills to have

    The brand hasn't focused on marketing nor social media ever only basic presence - the greatest opportunities lies here for new owners. For specialist in these areas there will be extreme growth potentials.

    New owners need to be able to bring products in stock and maintain the website - these basic needs will bring you basic cashflow - but - invest in marketing as described above will accelerate and grow the company which the current owner haven't focused or been able to invest in.

    Share

    MH
    Morten H.Current store owner
    Morten Hvidtsted. Owner, founder and designer at Native North.

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