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$8,000 USD

The Gold Kingz

shopgoldkingz.com

Appears in Fashion and apparel , Canada, Ontario, Established stores, Medium Business, Dropshipping, Home Business for sale, Lifestyle, Oberlo stores for sale, Highly Profitable businesses, Business and Franchises under $10,000

General description

The Gold Kingz Is an Online Jewelery store that my team and I have created, targeting the fashion trend in the Hip-Hop Culture. Our Products Range From Gold Chains, such as 14mm Cubans, Cuban Links, and Rope Chains To Pendants, Watches, Rings, Bracelets, ect. Our Store has done extremely well over the past year, Generating over $32K In revenue, and has quite a good SEO ranking. The Gold Kingz is also very well established in the market, With Over 2000

Financials and traffic

1 Order would usually cost the customer around 120$ on Average. The Product itself will cost 35$, and Ad spend per day was around 15-30$. Therefore, The Profit is at least at 50% Just By making one order per day.

Average profit/month

$2,000 USD

Average overall profit margin

60%

Average number of sales/month

25

Lifetime revenue

$33,171.00 USD

Lifetime traffic

82,597 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

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$10.00/month

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

$900.00/month

Domain

$0.00/month

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

thegoldkingz

Mailing list

1,000 subscribers

Social media followers

2,000 people

Q & A

Why should someone buy this store?

This Store has been fully functional on its own for over a year, and has done extremely well generating over $3K Per Month for the past year. No inventory is required as the products are dropshipped straight through Oberlo. This Store Requires a maximum of 2 hours per week of work. Selling at a much lower price than valuation. Valuation is listed as $24.5K.

How can the future owner improve the business?

This Store could definitely be improved into something quite major. In my case, i was not able to dedicate enough time to the store as i am in my final year of my Degree, however with barely any time this store ran on its own extremely well. This store could definitely be improved by adding new products, and collaborating with influencers On instagram and other platforms.

What work have you put into the store?

I have created the website myself, as well as find the right suppliers and the right products to sell to my target audience. The Store also comes with a Facebook page that has over 2000 Likes. It is a well established store and extremely capable of going for even better things.

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

2 hours

$8,000 USD

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