rangetravelgoods
General description
Range Travel goods offers minimalist travel items with a modern twist. All of our products are multi use and design to pack away
Financials and traffic
We do the majority of our sales thus far outside of the shopify platform.
We have sales through some of the following websites:
Grommet.com
zulilly.com
Amazon.com
We are in talks with a few distributors to distribute the product internationally.
Average profit/month
$12,500 USD
Average overall profit margin
24%
Average number of sales/month
3,000
Value of inventory
$120,000 USD
Lifetime revenue
$27,616.00 USD
Lifetime traffic
22,043 Sessions
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.
Business Expenses
We keep it pretty lean, We don't have a lot of time to invest into it so we don't put a lot of investment into it as well, because it can't be managed properly.
Expense item |
Cost |
|---|---|
| Shopify plan |
$200.00/month |
| Subscriptions (ie. Mailchimp, apps) |
$20.00/month |
| Advertising (ie. Adwords, Facebook ads, etc.) |
$10.00/month |
| Inventory warehouse |
$200.00/month |
| Employees (Including contractors and freelancers) |
$400.00/month |
| Domain |
$1.00/month |
Inventory
We have one supplier for each product we make, We have designed and created all of the CADs for the products we produce. We own the rights to them and have great relationships with them and even have back up suppliers who we have ordered samples with if something was to change with one of the suppliers.
Located in Boise, ID
Willing to ship inventory
Willing to transfer relationships with suppliers
What’s included in the sale
- Physical inventory
- Logo and branding assets
- Social media accounts
- Personal support after sale
- Domain
- Product photos
Social Media
Mailing list
15,000 subscribers
Social media followers
1,200 people
Q & A
Do you work with any employees, freelancers, or contractors?
We have someone who ships for us once a week and we have a designer we contract with when needed.
Why should someone buy this store?
We are selling unique products that have been proven. We have not put any time and effort into marketing up to this point. Our sales have come from being featured on major websites and working with great partners to push the product.
Someone who knows how to drive traffic to the website could take this to the next level. Customers love the product and its in a space that is growing. People don't want to use their moms old travel items they want something unique, functional and minimal.
How can the future owner improve the business?
Spending a little more time in the business would go a long way. We spend about 2 hours a week in the business with customer service, emails and shipping. Up to this point it hasn't gotten the love it deserves.
With some facebook marketing, SEO and marketing strategies in place sales could really take off.
If someone went full time and reinvested into marketing the opportunities could be huge.
What work have you put into the store?
We have developed a custom store front with a designer. He would be a good resource if you wanted to make major changes. Small changes are easy to update on your own. I can go into all the custom aspect we have made.
- registered trade marked name
- CAD drawings and designs of all products
- all products are custom and done by Range
- Generated over 15,000 customers
- created amazon store and registered brand assets.
How many hours does it take to run this business per week?
2 hours$300,000 USD
About the seller
TannerDame
Created this store about 1 year ago
Bio
Founder of 4 start ups. I love creating and designing products. I never have enough time in the day to do everything I would like with each of them. Started a company called Proof Eyewear, Deft Optics, Range Travel goods along with a company called Sole-Socks. I love branding and marketing and the creative process of doing business. I work with all my suppliers bi annually when in China.
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