All prices in USD
  • Avg. revenue /month
    $35,045
  • Avg. sessions /month57,809
  • Avg. profit /month
    $4,000
  • Inventory value
    $20,000

Business Story

Why this business was started

My wife was always in the fashion industry working for a department store, brands such as Mango and high end beauty brands as a Merchandiser. Also, we were worked for the leading regional ecommerce and payments players in Southeast Asia. She also designed clothes and bags which led us to starting our digitally native fashion vertical brand Seek the Uniq where she curated not only the merchandise but also the total experience of the site.

The reason of selling this business

She recently is battling cancer.

What's involved in running this business

Inventory management, fulfilling orders, digital advertising, product development

This business was founded: over 7 years ago
Time to run this business: approximately 50 hours per week

Traffic and Performance

  • Avg. revenue /month
    $35,045
    Verified
  • Avg. sessions /month57,809Verified
  • Avg. profit /month
    $4,000
  • Inventory value
    $20,000
  • Profit Margin20%
  • Avg. sales /month800
Other details about profit: Private label items have 70% gross margin while consigned items have a 30% gross margin
Last 5 years revenue
  • $2,383,063
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 5 years traffic
  • 3,931,071Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $179
      /month
    • Inventory warehouse
      $0
      /month
    • Employees
      $5,000
      /month
    • Domain
      $700
      /year
    • Mailchimp, GSuite, Vimeo, Referral Candy
      $350
      /month
    • Facebook
      $4,000
      /month
    • apple developer program
      $10
      /month
    • SG Company upkeep
      $250
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      trademarks Singapore Company logos iOS app Facebook, Firebase, google, godaddy, Instagram , mailchimp multiple domain names across different countries.
    • Personal support after sale

      supplier turnover, app, website, operations and partnerships. Type of support can be discussed as part of the purchase and turnover of operations. 60 day support on day to day operations.
    • Domain

    • Product photos

      all photos on the site and in our drives can be transferred
    • Social media

      Total followers330,000subscribers
    • Suppliers

      Not Included
    • Mailing List

      30,000subscribers

    Seller‘s Advice

    How to grow this business

    Adding more inventory across a variety of categories. Doing physical guide shops and working with international micro influencers to get the awareness.

    Skills to have

    Merchandising, digital advertising and running an ecommerce store.

    Share

    MP
    Michael P.Current store owner

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