All prices in USD
  • Avg. revenue /month
    $8
  • Avg. sessions /month130
  • Avg. profit /month
    $5
  • Inventory value
    $1,200

Business Story

Why this business was started

We started Summit after seeing a gap in the market for a durable, modern tungsten- carbide men's focused wedding band at an affordable price point that can be sold direct to the consumer without typical retail mark-ups.

The reason of selling this business

We are selling Summit due to not having the time in our current schedules to give the business the time it needs to drive reliable traffic.

What's involved in running this business

Fulfilling orders (as they come in), creating and executing marketing initiatives (email, Facebook and/or Google ads), post to social channels

This business was founded: over 3 years ago
Time to run this business: approximately 5 hours per week

Description

General description

We started Summit after seeing a gap in the market for a durable, modern tungsten- carbide men's focused wedding band at an affordable price point that can be sold direct to the consumer without typical retail mark-ups. We source and house our own inventory, which allows for quick shipment to our customers. We have great product margins with low cost vs. retail price that allow for room for discounts as needed. The website was built from a premium theme (Turbo, $350 value) and customized with unique images, graphics and copy. The business also includes approximately 45 rings of inventory across various sizes / styles that represent almost $4,500 in retail value. We are also including custom boxes, microfiber cloths, ring bags and printed thank you cards to be included with each order for a premium experience.

Why should someone buy this store?

Someone with expertise in driving traffic through Facebook and/or Google ads should buy this business if they are looking for a site that is primed and ready to convert. The storefront is custom, the product line is ready, we just need visitors!

How can the future owner improve the business?

Traffic! This business is ready for a new owner with expertise in paid ads to drive traffic find the right target audiences that will allow this business to grow and scale.

What work have you put into the store?

We have built the site from the ground up with custom graphics / images / copy, sourced the product line, and done some initial tests with marketing - inclusive of email funnels that are set up and ready to go if the new owner wants to utilize.

Traffic and Performance

  • Avg. revenue /month
    $8
    Verified
  • Avg. sessions /month130Verified
  • Avg. profit /month
    $5
  • Inventory value
    $1,200
  • Profit Margin80%
  • Avg. sales /month2
Other details about profit: When we have lightly marketed the business, we have received 1-2 orders per month. With more consistent traffic and marketing focus, this should quickly scale higher.
Total revenue
  • $376
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 5,629Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $14
      /year
    • Omnisend (email service)
      $16
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All website and social graphics, which can be transferred via Google Drive

    • Personal support after sale

      (2x) 1 hour Zoom meetings or phone calls to walk through site / tools / questions Available over email for questions up to 2 months after sale

    • Domain

    • Product photos

      All custom product images, which can be transferred via Google Drive

    • Social media

      Total followers116subscribers

    • Suppliers

    • Mailing List

      22subscribers

    Seller‘s Advice

    How to grow this business

    This store is primed and ready for someone to help craft the right marketing message and audience selection. The website is set up to convert, the product line and packaging are sourced and ready to go!

    SE
    Sean E.Current store owner

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