- Avg. revenue /month$1,434
- Avg. sessions /month1,314
- Avg. profit /month$1,500
Why this business was started
Our company is a result of being stressed out at a corporate job & not having any freedom or flexibility. Owning your own company surprisingly brings personal fulfillment & it’s more enjoyable than working for someone else. Not Locally was designed to reach the female audience to remind them of self love, self worthiness but most importantly how beautiful they are. We are totally obsessed with uplifting women which is why we communicate to them through a single piece of delicate jewelry and eyewear. Not Locally has the potential to blossom into a multi-million dollar company with the right team & CEO. Not Locally is a brand created to cover the full spectrum of the fine jewelry experience. We introduce exceptional quality jewelry and eyewear into the life of every woman, one collection at a time. Our mission is to the highest quality directly to customers without the high mark-up.
The reason of selling this business
Selling our brand was an extremely difficult decision to make as it has exceeded our expectations within the first few months of launching. Both myself and my fiancé started Not Locally about 6 months ago from conception to launch, The main motivation behind selling is that 95% of our time (literally about 12-14 hours daily) is consumed by our physical business which is a property management company that we started around the same time as Not Locally, where we signed on a number clients to a 12 month retainer, so therefore we have contractual obligations to manage our clients properties and there is no way to forfeit so we can have more time to focus on Not Locally, and the only reason we can’t give up our property management company is because we are contractual obligated to complete the next 6-9 months of service for our clients. So instead of closing the store completely we made the decision to sell and we stopped all promotions/marketing, emails, automations, social media etc, so all orders since then have just been mostly organic sales. As the days go by Not Locally is growing rather quickly with the help of our 3,000+ brand ambassadors and over 8,000+ social media followers.
What's involved in running this business
Fulfillment of Orders Customer Service Communicating with influencers Email marketing Curating content for social media Planning future campaigns Creating advertising campaigns via google, facebook and snapchat influencer marketing via Instagram and YouTube. Maintaining customer relationships and increase customer return purchase rate via email marketing.
Traffic and Performance
- Avg. revenue /month$1,434Verified
- Avg. sessions /month1,314Verified
- Avg. profit /month$1,500
- Profit Margin75%
- Avg. sales /month150
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsAssets which will be transferred include: 1. Official Logo & All Variations ($500 Value) 2. Custom Designed Website Template ($1,500 Value) 3. All Product Images & Social Media Images. $1,500 Value) 4. Domain Name ($2,500 Current Value) 5. Social Media Account(s) with 8.7K followers ($9,000 Value) 6. E-Commerce Store ($25,000 as Valued by the exchange Marketplace) 7. Email List with over 35,000 subscribers ($8,000 Value) Total Brand/Company Value: $48,000 All assets will be transferred to buyer via escrow at time of sale. PLEASE NOTE: ALL SUPPLIER INFORMATION WILL BE INCLUDED.
Personal support after saleTraining & Support for 30 days. Customer Acquisition Strategies, Social Media & Email Marketing, Promotion, Brand building and customer & influencer/ambassador relationship management.
Product photosAssets which will be transferred include: 1. Official Logo & All Variations ($500 Value) 2. Custom Designed Website Template ($1,500 Value) 3. All Product Images & Social Media Images. $1,500 Value) 4. Domain Name ($2,500 Current Value) 5. Social Media Account(s) with 8.7K followers ($9,000 Value) 6. E-Commerce Store ($25,000 as Valued by the exchange Marketplace) 7. Email List with over 35,000 subscribers ($8,000 Value) Total Brand/Company Value: $48,000 All assets will be transferred to buyer via escrow at time of sale. PLEASE NOTE: ALL SUPPLIER INFORMATION WILL BE INCLUDED.
How to grow this business
Focus on advertising campaigns via google, facebook, pinterest, snapchat and other social media platforms, more influencer marketing via Instagram and YouTube. Maintaining customer relationships and increase customer return purchase rate via email and affiliate marketing. This is also what we have done to attract customers to date. Scaling then to open retail locations and/or pop up shops.
Skills to have
Basic Social Media Skills, Facebook Re targeting Skills, as well as building and maintaining relationships with social media influencers, and customer service skills.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
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.