- Avg. revenue /month$645
- Avg. sessions /month701
- Avg. profit /month$500
- Inventory value$165,000
Why this business was started
I have been working with watches for many years and decided to start a vegan fashion brand as I was passionate about the idea and believed it will only grow which it becoming more true everyday. I also wanted to make a side income. I ended up designing and manufacturing two watch models and delivered them to Melbourne from where I shipped them.
The reason of selling this business
I have been thinking about selling for a year but have yet to find the suitable person who can take the business to the next stage. It is not about the money. I'm very busy with two other large ecommerce stores and it is unfair keeping this brand idle. There is a lot of potential here and hope the right person buys it.
What's involved in running this business
Currently, I'm only spending about 1-2 hours running this business. Most traffic comes from already existing organic SEO and previously completed PR and blogging and influencer work. We send regular emails to our small audience and the business converts occasionally. Our feedback is so far 100%. I have an outsourced staff who keeps an eye on the store and responds to any emails etc. However, as mentioned, there is a lot of potential for growth.
Traffic and Performance
- Avg. revenue /month$645Verified
- Avg. sessions /month701Verified
- Avg. profit /month$500
- Inventory value$165,000
- Profit Margin70%
- Avg. sales /month5
- Shopify plan
- Inventory warehouse
Logo and branding assetsThe brand folder has 3000 files. This includes photos, videos, marketing efforts, brand information sheets. Basically everything that has to do with the brand. These assets will be transferred by OneDrive.
Personal support after saleThe brand will come with 6 months (180 days) support as part of the sale. This support is FREE and is part of the sale. I will support you in whatever you need. Most notably, I can explain how the watch industry work, how to make watches and the complete supply chain system from manufacturing to delivery. I will pass you on to the watch factories to help you design future watches in Japan and Switzerland. However, if you choose to make in China I will also provide you all the contacts I have with very high-quality factories. I have over 10 years experience in the watch business and will make sure we leave no stone unturned for a successful transfer and brand growth.
Product photosAll photos as per site. And much more used for marketing. The photos will be transferred through OneDrive or by any other means suggested.
SuppliersAll factories / suppliers information and relationships will be transferred to the buyer.
How to grow this business
The business needs content and a solid marketing plan. The potential for growth is there for grab. The business has been running since 2015 but I have not developed it much due to other commitments. I will pass on all the factories to you who will help and guide you if needed, and my support will also be there to ensure growth. The business needs to make more affordable watches and use relevant influencers and social media to grow. The brand needs a little injection of capital to take it to its full potential. The foundational work has been done, the brand only needs the right minded person with passion to take it to the next level.
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.