• Avg. Revenue /month
    $988USD
  • Avg. Sessions /month809
  • Avg. Profit /month
    $1,000USD
  • Inventory value
    $1,500USD

Description

General description

We started The Rustic Beardsman back in 2015. Since then we have grown to have a good base following of regular customers, along with attracting new customers through out online methods and email blasts. Word of mouth has been our main avenue of marketing since we wanted to grow our business organically and steadily over time.

We are currently sold in 5 retail locations around Fort Worth and in Oklahoma. We have very good relationships with these clients and can transfer that relationship to continue the external sales channel.

We have great relationships with our suppliers of materials used to make our products, which can also be transferred. Documents showing who we get what product from will be available along with detailed instructions on product manufacturing.

The next step for The Rustic Beardsman would be to enhance the marketing strategy while also exploring the idea of having the products made for us, when simply shipping them, taking out the need for extended periods of time to manufacture the products ourselves. We have worked tirelessly to be as engaging as possible, always available and ready to help our customers. Our name is very high in the beard community and we do our best efforts to ensure that our customers are fully satisfied with our products. To date, we have only received one negative review which was for the product scent amount, but we engaged the customer and made sure they were happy with a product that better suited their noses.

Included in the sale: - Domain - Shopify account (store) - Physical inventory (shippable) - Detail instruction on product manufacturing - Supplier relationship transfer - Support after the sale - Social Media platforms - Mail list

The reason we are selling our business is because we as a family want to explore new avenues of entrepreneurship with another business partner. We have worked tirelessly to bring the best products we can possibly craft to our bearded friends and family (all customers), but as times change, we feel this is the right time to allow someone else to take over our hard work and take it to another level beyond what we currently are able to.

Why should someone buy this store?

Our products speak for themselves and the reviews we receive from our customers tell how good they are. Our best selling Hulk Hold is a one of a kind product that no one currently makes. The only thing needed to take The Rustic Beardsman to the next level is an enhanced marketing strategy, along with the possibility of having the product manufactured by outsource then simply shipping the product, taking away the need to manufacture in house.

How can the future owner improve the business?

Enhanced marketing strategy and manufacturing strategy.

What work have you put into the store?

100%. All the work into the store has been completed by myself and other owner.

Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $988USD
    Verified
  • Avg. Sessions /month809Verified
  • Avg. Profit /month
    $1,000USD
  • Inventory value
    $1,500USD
  • Profit Margin62%
  • Avg. Sales /month40

Other details about profit:Profit margin varies per product. Average margin is 62% but can go lower depending on which item being sold. Combs/brushes, etc. are less while Hulk Hold and Oils are higher.

Total revenue
$37,543USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
30,743Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $80USD
    /month
  • Domain
    $1.25USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers9,000subscribers

Seller‘s Advice

How to grow this business

The only step needed now is increased marketing and product manufacturing efficiencies. Once that is achieved, the products will sell themselves.

Why buy a business on Exchange

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.