- Avg. revenue /month$368
- Avg. sessions /month460
- Avg. profit /month$219
- Inventory value$30,000
Business Story
Why this business was started
I noticed the lack of cute and trendy designs in the water shoes world. None of them were fashionable and comfortable, this is why i had the idea of creating Palm Beachies. Palm Beachies have a non-slip sole that can help prevent and reduce slips or falls on slippery surfaces around the pool, the house or other wet areas. They are designed to have a barefoot feel comfort for your little one. Palm Beachies are water resistant, breathable, easy to put on and light to carry. Walking on hot or rocky beaches is now a piece of cake. Use them at the pool, the beach at the playground and at home!
The reason of selling this business
Selling my business is like selling your baby. I love everything about it but unfortunately I do not have time to grow the business to another level.
What's involved in running this business
Running Palm Beachies is pretty straight forward. All is already set up for you, from the website to most of social media platforms. They include : Amazon, Etsy, Pinterest, Quickbooks, Facebook, Instragram . Palm Beachies also comes with inventory and Faire wholesale platform. Daily duties includes: - fulfilling customer or buyer orders (picking the product, printing packing slip, printing shipping label and mail the order) -Occasionally run promotions for special sales or event by updating discounts in platforms and marketing it on social medias. -Develop the brand by researching on new trends in the fashion industry -Eventually place order for future new inventory -Attend Trade shows to sell to buyers
Time to run this business: approximately 10 hours per weekTraffic and Performance
- Avg. revenue /month$368
Verified - Avg. sessions /month460Verified
- Avg. profit /month$219
- Inventory value$30,000
- Profit Margin53%
- Avg. sales /month20
Revenue data comes directly from Shopify and cannot be edited by the sellerTraffic data comes directly from Shopify and cannot be edited by the sellerExpenses
- Shopify plan
- $29/month
- Inventory warehouse
- $0/month
- Domain
- $100/year
- Shoppify apps, quickbooks, Amazon fees, Etsy Fees
- $75/month
- Occasional advertising
- $10/month
Sale Includes
Physical inventory
Logo and branding assets
All marketing material for trade shows will be included, from price lists to order books and display. This will be all shipped to you. Entire inventory will be shipped. Social medias will be transfered : Instagram, Facebook, Google Ad, photos, logo, quickbook set upPersonal support after sale
I will be available for training and support the first 3 months after the sell.Domain
Product photos
All pictures will be transfered by USB key or Sharing file.Social media
Total followers1,000subscribersSuppliers
I have a really good relationship with my supplier. Their contact information will be transfered to you as well as copies of previous orders.Mailing List
1,000subscribers
Seller‘s Advice
How to grow this business
Palm Beachies can grow by adding more swimwear products, cross promoting products to makes stories, advertising and selling on social media is definitely a plus for the brand. Palm Beachies has already attended the Atlanta Gift show in 2019 and following this trend i think would really be beneficial for the brand.
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