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$24,000 USD

Silk by Nancy

silkbynancy.com

Appears in Fashion and apparel , Established stores, Medium Business, Business and Franchises under $50,000, Inventory

General description

Silk by Nancy focusses entirely on manufacturing 100% Italian silk items handmade in the Netherlands. Manufacturing can be done all over the world though.
As I am a business woman myself I love to wear silk blouses but couldn't find a blouse made from high quality silk for a reasonable price. Of course silk will always be expensive but we managed to find this quality of silk for a much better price.

Silk by Nancy has a professionally made website/webshop which is created by Minion Made New York.
In the sale we would like to include: the webshop, inventory, Instagram (50.000+ followers) and Facebook accounts. We will guide you through the proces that we use.
We do not use dropship, every item is unique and is shipped through our office in Amsterdam but again, this can be done all over the world.
We have recurring customers and also very satisfied customers.

Because we will be moving to the Dutch Antilles it will be very difficult for us to continue our business due to limited shipping possibilities.

Financials and traffic

Profit depends a little bit on the exact price of silk at the moment of purchase.

Average profit/month

$900 USD

Average overall profit margin

40%

Average number of sales/month

6

Value of inventory

$6,000 USD

Lifetime revenue

$28,391.00 USD

Lifetime traffic

51,314 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$10.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$100.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

Located in Amsterdam

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

silkbynancy

Instagram

silkbynancy

Pinterest

silkbynancy

Mailing list

600 subscribers

Social media followers

50,000 people

Q & A

Why should someone buy this store?

If fashion is your hobby it is just great to design every silk blouse or item yourself.
In the beginning maintaining the store will be more work, especially because of the design proces but after a periode of time you can make a profit without spending to much time.

How can the future owner improve the business?

As a new business owner you would be able to narrow down the secrets of online marketing more and more. You could try to make the designs of the blouses even more unique. We found that our customers loved our bespoke blouses. You could focus more on the "bigger sizes" as all the blouses and items are made individually this is easy to sell. (unique selling point)

What work have you put into the store?

We have set up the website/webshop. We created a good following on Instagram. Found out a lot about where to buy the best silk for the best price. We designed all our items ourselves. We found out what marketing techniques work best. Found a good sewing studio in Amsterdam which can easily explain the work proces to your own studio. We perfected customer support office. We are more then willing to help you in every step of the way.

How many hours does it take to run this business per week?

20 hours

$24,000 USD

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