All prices in USD
  • Avg. revenue /month
    $1,578
  • Avg. sessions /month1,678
  • Avg. profit /month
    $1,110

Business Story

Why this business was started

Our company is a result of being stressed out at a corporate job & not having any freedom or flexibility. Owning your own company surprisingly brings personal fulfillment & it’s more enjoyable than working for someone else. Rivava was designed to reach the female audience to remind them of self love, self worthiness but most importantly how beautiful they are. We are totally obsessed with uplifting women which is why we communicate to them through a single piece of delicate jewelry. Rivava has the potential to blossom into a multi-million dollar company with the right team & CEO. Rivava is a brand created to cover the full spectrum of the fine jewelry experience. We introduce exceptional quality jewelry into the life of every woman, one collection at a time. Our mission is to the highest quality directly to customers without the high mark-up.

The reason of selling this business

Selling our jewelry brand was an extremely difficult decision to make as it has exceeded our expectations within the first few months of launching. Both myself and my fiancé started Rivava about 6 months ago from conception to launch, The main motivation behind selling is that 95% of our time (literally about 12-14 hours daily) is consumed by our physical business which is a property management company that we started around the same time as Rivava, where we signed on a number clients to a 12 month retainer, so therefore we have contractual obligations to manage our clients properties and there is no way to forfeit so we can have more time to focus on Rivava, and the only reason we can’t give up our property management company is because we are contractual obligated to complete the next 6-9 months of service for our clients. So instead of closing the store completely we made the decision to sell and we stopped all promotions/marketing, emails, automations, social media etc, so all orders since then have just been mostly organic sales. As the days go by Rivava is growing rather quickly with the help of our 3,000+ brand ambassadors

What's involved in running this business

Fulfillment of Orders Customer Service Communicating with influencers Email marketing Curating content for social media Planning future campaigns Creating advertising campaigns via google, facebook and snapchat influencer marketing via Instagram and YouTube. Maintaining customer relationships and increase customer return purchase rate via email marketing.

This business was founded: over 1 year ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,578
    Verified
  • Avg. sessions /month1,678Verified
  • Avg. profit /month
    $1,110
  • Profit Margin70%
  • Avg. sales /month150
Other details about profit: Profit margin is roughly around 70% due to extremely low customer acquisition costs using our proprietary customer acquisition strategy (which will be disclosed with the sale).
Total revenue
  • $33,136
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 35,240Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Domain
      $12
      /year
    • Automated Email Marketing
      $40
      /month
    • Facebook
      $29
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Assets which will be transferred include: 1. Official Logo & All Variations ($500 Value) 2. Custom Designed Website Template ($1,500 Value) 3. All Product Images & Social Media Images. $1500 Value) 4. Domain Name ($2,500 Current Value) 5. Social Media Account(s) ($5,000 Value) 6. E-Commerce Store ($34,000 as Valued by the exchange Marketplace) 7. Email List with over 40,000 subscribers ($8,000 Value) Total Brand/Company Value: $53,000 All assets will be transferred to buyer via escrow at time of sale. PLEASE NOTE: ALL SUPPLIER INFORMATION WILL BE INCLUDED
    • Personal support after sale

      30 days personal support and comprehensive training after sale, we will handle any return requests, refund, chargebacks etc prior to transfer of ownership so you'll never have to worry about that. Personal support can be done via zoom or via a standard call.
    • Domain

    • Product photos

      Assets which will be transferred include: 1. Official Logo & All Variations ($500 Value) 2. Custom Designed Website Template ($1,500 Value) 3. All Product Images & Social Media Images. $1500 Value) 4. Domain Name ($2,500 Current Value) 5. Social Media Account(s) ($5,000 Value) 6. E-Commerce Store ($34,000 as Valued by the exchange Marketplace) 7. Email List with over 40,000 subscribers ($8,000 Value) Total Brand/Company Value: $53,000 All assets will be transferred to buyer via escrow at time of sale. PLEASE NOTE: ALL SUPPLIER INFORMATION WILL BE INCLUDED
    • Social media

      Total followers13,300subscribers
    • Suppliers

      All product and supplier information will be included in sale.
    • Mailing List

      40,000subscribers

    Seller‘s Advice

    How to grow this business

    Focus on advertising campaigns via google, facebook, pinterest, snapchat and other social media platforms, more influencer marketing via Instagram and YouTube. Maintaining customer relationships and increase customer return purchase rate via email and affiliate marketing. This is also what we have done to attract customers to date. Scaling then to open retail locations and/or pop up shops.

    Skills to have

    Basic Social Media Skills, Facebook Re targeting Skills, as well as building and maintaining relationships with social media influencers, and customer service skills.

    NW
    Nevil W.Current store owner

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