- Avg. revenue /month$8,138
- Avg. sessions /month13,813
- Avg. profit /month$1,000
- Inventory value$20,000
Why this business was started
My plans for this business were to create a unique street wear brand that provides customers with a unique buying experience for unique sunglasses styles. I also wanted to provide customers with the best service by creating a business that DIDN'T involve dropshipping and therefore able to deliver our goods in 3-5 days anywhere in the US, and had our brand logo and our own identity on all the products we sell. The goal was to scale this brand to a luxury steampunk sunglasses brand with as much visibility as other big-name brands in the industry such as Ray-ban and Oakley.
The reason of selling this business
I would prefer not to sell because it's such a unique niche with an extremely huge potential to scale, brand, and expand operations since I don't know any other online store with branding and sunglasses like this.
Due to work commitments and moving to a new city, I foresee that I will not have the time to continue branding and expanding operations as I had originally intended to do. I would love to turn this brand over to an experienced brand manager, marketing company, or motivated individual who can take this brand to new heights.
I will provide support for the first two months post-sale via email, Skype, phone, and/or FB messenger to ensure a smooth transition until you are satisfied with all aspects of the operation.
What's involved in running this business
Product research, ads creation, ads management, inventory management, and order fulfillment are part of the day-to-day operations. All this can be outsourced to virtual assistants if needed but I prefer doing this myself to increase the bottom line.
Also for overseas buyers, I can personally do fulfillment for you at competitive rates if you'd like to keep the inventory in the US.
Traffic and Performance
- Avg. revenue /month$8,138Verified
- Avg. sessions /month13,813Verified
- Avg. profit /month$1,000
- Inventory value$20,000
- Profit Margin10%
- Avg. sales /month250
- Shopify plan
- Inventory warehouse
- SMSBump, Loox, Discounted Pricing Booster App, Klayvio, Shopify Plus
Logo and branding assetsAll brand assets will be included with the sale. This includes the following: -$20,000 in inventory - Domain - Texas-based LLC - "The Lion Chain" trademark - Brand Logos - Prior Photoshoots with IG Influencers - FB/IG Ad Accounts - Google Ad Account - Pinterest Ad Account - Snapchat Ad Account - [REDACTED] Merchant Account - Amazon Seller Account - Spocket Supplier Account - $300 in [REDACTED] Influencer Credit - AmEx Gold Credit Card - Chase Business Checking Account
Personal support after saleI will provide support for the first two months post-sale via email, Skype, phone, and/or FB messenger to ensure a smooth transition until you are satisfied with all aspects of the operation.
Product photosProduct photos along with Instagram Influencer photos will be included in an online data folder that can be accessed for your convenience. I have enough content stored for at least 70 more Instagram posts along with $300 in influencer credit on [REDACTED] for future photoshoots and working relationships with 5 existing influencers and videographers with a total audience of 150k followers.
SuppliersI have been working with 3 reliable suppliers on AliBaba for the past year and will provide all necessary information to ensure a smooth transition with these suppliers.
How to grow this business
There is a potential to increase sales by increasing visibility on Wish.com, Amazon, Snapchat, Pinterest, and Google Ads as well as utilizing email marketing more often. Currently, we just started on Amazon and Wish so there is only a very small footprint in those marketplaces and the 6000 subscribers to our email list is being underutilized.
Skills to have
Knowledge in Facebook/Instagram ads management, working with Instagram influencers, and working with Alibaba suppliers. I will provide support if you don't have these skill sets yet but want to learn.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
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.