All prices in USD
$17,500
  • Avg. revenue /month
    $219
  • Avg. sessions /month595
  • Avg. profit /month
    $200
  • Inventory value
    $27,404

Business Story

Why this business was started

I've been a serial internet entrepreneur and built a relationship with the manufacturer of the rings. There is a HUGE market and it just needs the right person to drive the brand. Started this business as an umbrella of brands and need to focus on the two that are growing fast. This business has GREAT margins and a huge upside. This business has been on the back burner hence the decrease in sales over the last year.

The reason of selling this business

I have two ventures that are starting to take off and need my full attention. Period! - Hate to see this one go as I've spent time building up the assets. This site and its social channels are yours all for the buying price.

What's involved in running this business

Handling a few emails each week and working with the manufacturer to make sure orders go out in a timely manner. This business, once it scales could be one you spend a few hours a week or 40+ a week. That will be up to you to decide.

This business was founded: almost 4 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $219
    Verified
  • Avg. sessions /month595Verified
  • Avg. profit /month
    $200
  • Inventory value
    $27,404
  • Profit Margin48%
  • Avg. sales /month10
Other details about profit: This store as been on the back burner for the last year as two of my ventures starting taking off. In the right hands, this business will scale and has a huge upside. New rings can be developed with cooperation from the manufacturer. This store has a base, but needs the right person to take it on and find influencers to build.
Total revenue
  • $10,092
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 27,392Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $12
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Digital Transfer via Google Drive.

    • Personal support after sale

      Not Included

    • Domain

    • Product photos

      Already loaded in the site. A google sheet with each ring and margin will be sent as well.

    • Social media

      Total followers5subscribers

    • Suppliers

      We suggest you use the Ringified app to manage ring inventory moving forward.

    • Mailing List

      Not Included

    Seller‘s Advice

    How to grow this business

    Grow influencer audiences. These are the exact same rings that women buy in department stores for $49-200+ USD dollars.

    Skills to have

    This shop has been setup for anyone to take over and manage. You should be knowledgeable in basic eCommerce business needs such as advertising, marketing, accounting, and social media marketing. If you know how to grow influencers in the social space that would be a big bonus.

    Share

    BF
    Bryan F.Current store owner
    Serial entrepreneur who has started several ventures over the last 19 years. Looking to expand more portfolio with interesting and new niches that have scalable models.

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