All prices in USD
$56,750
  • Avg. revenue /month
    $6,935
  • Avg. sessions /month8,561
  • Avg. profit /month
    $4,200
  • Inventory value
    $8,500

Business Story

Why this business was started

This company was started in 2014 by it's founder. The company has been featured on ABC's Shark Tank, Good Morning America, The Today Show and Time. I took over the company in March 2019. I loved the brand, designs and idea of owning my own clothing company.

The reason of selling this business

I have been working to build up the business and increase the sales. Unfortunately the business requires more time than we have to offer with my busy schedule and family. Since we have acquired this business the sales volume has been increasing and has the potential to continue to grow.

What's involved in running this business

The business requires managing multiple social media accounts, advertising and product manufacturing. SandiLake is able to be operated out of a small home workshop/warehouse allowing it to have very little overhead.

This business was founded: over 5 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $6,935
    Verified
  • Avg. sessions /month8,561Verified
  • Avg. profit /month
    $4,200
  • Inventory value
    $8,500
  • Profit Margin60%
  • Avg. sales /month150
Other details about profit: Average profit per month listed includes Etsy and Shopify. The store performance average revenue is data from Shopify only and doesn't include average of $425/month of Etsy revenue. The profit is an average of the last 12 months.
Total revenue
  • $471,607
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 582,201Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $200
      /month
    • Domain
      $50
      /year
    • Dropbox
      $10
      /month
    • Facebook, Instagram
      $200
      /month
    • Quickbooks
      $50
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      It will be transferred via Dropbox

    • Personal support after sale

      We will provide support for 1 month after the sale to help transition the company. The support includes over the phone, facetime calls and emails.

    • Domain

    • Product photos

      It will be transferred via Dropbox

    • Social media

      Total followers50,200subscribers

    • Suppliers

      Not Included

    • Mailing List

      12,000subscribers

    Seller‘s Advice

    How to grow this business

    We would push more into advertising since this is the area we were lacking in. The company has a great reputation and following. With some more targeted advertising it has high growth potential. We are also pursuing more contracts with wholesalers to get our clothing into more boutiques. Lastlly, we would consider setting up "pop up vendor" events to spread our brand to the local area.

    Skills to have

    Screen printing via heat transfers and shipping experience. Social Media marketing a plus!

    Share

    AG
    April G.Current store owner
    SandiLake Clothing is made by moms, and inspired by littles. Our target market is families with children. Our goal is to create memorable moments for children and families. The perfect tee, for the perfect moment, to capture that perfect memory.

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