All prices in USD
$8,000
  • Avg. revenue /month
    $152
  • Avg. sessions /month326
  • Avg. profit /month
    $130
  • Inventory value
    $6,311

Business Story

Why this business was started

I decided to start this business because I saw a gap in the bridal/wedding industry - which is a HUGE industry which has a wide range of customers. Rho Rings has products that many women can relate to. It is also a highly marketable product, lightweight to ship, and easy to create content for.

The reason of selling this business

I have decided to sell Rho as my other business is continuing to grow and needs my full attention. As that business expands, Rho has fallen a bit through the cracks and deserves more attention. During my few months of pushing the brand, it has grown to a modest following on Instagram and had a successful first day launch. I believe Rho Rings has huge potential and needs a dedicated owner to grow it.

What's involved in running this business

Ordering existing designs through suppliers, posting on social media, researching and designing new styles, order fulfillment, advertising and marketing.

This business was founded: over 1 year ago
Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. revenue /month
    $152
    Verified
  • Avg. sessions /month326Verified
  • Avg. profit /month
    $130
  • Inventory value
    $6,311
  • Profit Margin72%
  • Avg. sales /month2
Other details about profit: Rho Rings is a highly profitable company due to the COGS and branding. Expenses are very low just including Shopify plan and domain, packaging, and shipping.
Total revenue
  • $2,437
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 5,218Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $14
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All logos, branding, website photo content to be transferred via Dropbox or Google Drive.

    • Personal support after sale

      I would be happy to help you transition into this role for 30 days. I can provide supplier introductions, product knowledge, social media advice, etc.

    • Domain

    • Product photos

      All photos on website for each product listing to be transferred via Dropbox or Google Drive.

    • Social media

      Total followers722subscribers

    • Suppliers

      I have two ring suppliers: one in Los Angeles and one in China. I am happy to get you set up to work with them as well as my custom packaging supplier.

    • Mailing List

      151subscribers

    Seller‘s Advice

    How to grow this business

    Rho Rings has a great UVP as there are very few other brands out there that are catering to this niche market. I would design styles that are exclusive to Rho and also put money into Facebook and Instagram ads. Our reels have done great as well so I would expand organic social media reach via Instagram and TikTok. Rho is a great DTC opportunity as the current customers love being involved with the brand and interacting with our Instagram.

    Skills to have

    Useful skills would be production, fashion or jewelry design, and e-commerce knowledge. There are many aspects of Rho Rings that can be outsourced such as fulfillment, marketing, ads, etc.

    Share

    JL
    Jessica L.Current store owner
    I am an entrepreneur with a background in the corporate fashion industry as a Designer and Buyer. I studied Merchandise Product Development at FIDM and own another e-commerce business in the apparel space.

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