All prices in USD
$55,000
  • Avg. revenue /month
    $362
  • Avg. sessions /month744
  • Avg. profit /month
    $365
  • Inventory value
    $22,000

Business Story

Why this business was started

In my high school days around 2008 I was actively involved in the Rave scene in Salt Lake City. I LOVED the atmosphere, people and culture. At the time, my brother owned a record store that sold DJ equipment and women's clothing. I knew he was missing "glove lights" which were widely popular among male ravers. My inner entrepreneur kicked in and I invested my $1000 in savings into "Inova" keychain lights. I also ordered many different colors of 5mm LED bulbs and switched out the white LEDs for colored LEDs to make themed and custom colored glove sets. I placed them for sale on consignment in my brothers store and they started selling like hot cakes! Shortly afterwards however my brothers store went out of business. I was left holding a bunch of inventory and decided to start building an online presence and Rave-Nation.com was established on October 29 2009.

The reason of selling this business

After having ran Rave-Nation.com, I have grown burnt out. I started the business shortly after highschool with $1000, struggled to maintain it through college for several years and now that I am seeing growth again I find myself entirely burnt out.

What's involved in running this business

As it stands now, the business is extremely streamlined with only 1 part time packager, about 10 hours per week of my time, and one independent contractor that updates listings/inventory online periodically. However, I believe this business has the potential to become the leader in "Light Up Clothing", which will require much more passion and investment than I have been giving it.

PLEASE NOTE we are not just selling Rave-Nation.com See: [REDACTED] (see attached proof of revenue screenshot)

This business was founded: over 2 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $362
    Verified
  • Avg. sessions /month744Verified
  • Avg. profit /month
    $365
  • Inventory value
    $22,000
  • Profit Margin20%
  • Avg. sales /month60
Other details about profit: PLEASE NOTE we are not just selling Rave-Nation.com but also TrYptiX Fashion (see attached proof of revenue screenshot) An Amazon, brand registered account with Clothing approval!!! An Etsy account that is bringing in about $4,000 a month TrYptiX Fashion Trademark TrYptiX Fashion Android App (In Development) And much more!
Total revenue
  • $10,491
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 21,593Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $300
      /month
    • Employees
      $500
      /month
    • Domain
      $15
      /year
    • Google Ads
      $300
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos, and graphic designs found on: www.Rave-Nation.com [REDACTED] TrYptiX Registered Trademark Android Bluetooth App in development! Current Fiber Optic Inventory is all branded as TrYptiX Fashion "Look Good, Live Wild, Love Life"
    • Personal support after sale

      Previous owner: - Will provide up to 50 hours or one year support whichever comes first - Will provide essential insights into B2B wholesale opportunities - Will full provide full and extensive insight into any and all questions that arise
    • Domain

    • Product photos

      Hundreds of photos, Dozens of high quality photos, with Model Release Forms. Transferred per new owners requirements.
    • Social media

      Total followers25,000subscribers
    • Suppliers

    • Mailing List

      1,500subscribers

    Seller‘s Advice

    How to grow this business

    1. New photography shoot to obtain catalog quality images and 'lifestyle' images. ~$2,000 to $5,000 investment
    2. Build B2B catalogs using new catalog images to target specific niches (will explain in detail only after sale is complete)
    3. Use lifestyle images to create influencer and affiliate marketing materials. Reach out to both.
    4. Ramp up Social Media. TrYptiXfashion.com has seen its instagram following grow by 3,500 people within 6 months with minimal efforts. Any serious efforts should lead to huge growth.
    5. Complete and launch the TrYptiX (and/or) Rave-Nation branded Android/Ios App ~$1000
    6. Above tasks should be done immediately. After 1-2 years, new products should be developed. (Again previous owner will give insight into what items have been requested)

    Share

    SA
    Shawheen A.Current store owner
    I have a passion for electronic dance music that has driven my taste in product and has resulted in the products you see on Rave-Nation.com and [REDACTED] I am a Shopify partner and love building sites! A few years ago I graduated from the University of Wyoming with a degree in accounting. While in college I competed in a business competition and with my baby Rave-Nation I won 1st place against several high tech firms. [REDACTED]

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