• Avg. Revenue /month
    $779USD
  • Avg. Sessions /month495
  • Avg. Profit /month
    $600USD
  • Inventory value
    $25,000USD

Description

General description

Soho South Imports has been supplying quality gemstone, sterling silver and pearl beads since 1988. We are a direct importer from China and India and have loyal, trustworthy suppliers with whom we have been doing business for many years. We supply better quality gemstone beads to jewelry makers, mostly in the US. Our list of customers includes independent jewelry makers, hobbyists, and jewelry makers who manufacture in volume and supply to retailers.

Our product line also includes my handmade jewelry. I would be open to drop shipping my jewelry items for a new owner, but that is not a requirement of the sale of my website.

It is time to retire! I am volunteering at various local organizations and am ready to sell my business and devote more time to these organizations. I am also an independent jewelry maker and want to spend more time on my own creations.

Why should someone buy this store?

We have 30 years of history with Soho South Imports and many long term customers. One single email per month generates enough revenue to pay all expenses. Each additional email starts bringing in profit. A new more enthusiastic buyer could start making profit immediately.

How can the future owner improve the business?

A new owner who is more interested in engaging in social media advertising could easily bring in new customers and new revenue. I usually get out only one or two (and sometimes ZERO) email campaigns each month because I don't want to do this anymore.

What work have you put into the store?

Everything for the business is set up already. New product photos have been done in the past year. We have a good solid email list which produces results. We have long term manufacturers and suppliers in place.

Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $779USD
    Verified
  • Avg. Sessions /month495Verified
  • Avg. Profit /month
    $600USD
  • Inventory value
    $25,000USD
  • Profit Margin35%
  • Avg. Sales /month9

Other details about profit:I am finding myself less interested in running this business after 30 years and sales and profit have dropped in the last 2 or 3 years. I do have many repeat customers and feel that the business could be easily regenerated by a new enthusiastic buyer. Mark ups on items run from 2 x wholesale cost to 4 x wholesale cost. Product sales are best generated by either introducing new products or by running special promotions.

Last 3 years revenue
$35,837USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
22,790Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $69USD
    /month
  • Domain
    $2.92USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers1,100subscribers

Why buy a business on Exchange

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Take time to inspect the business

Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.