All prices in USD
$3,500
  • Avg. revenue /month
    $98
  • Avg. sessions /month135
  • Avg. profit /month
    $100
  • Inventory value
    $10,000

Business Story

Why this business was started

passionate about making jewelry, I enjoy spiritual aspects of life and adding them into the pieces of jewelry is special and unique.

The reason of selling this business

Unfortunately I just do not have time anymore, I have been shut down for a while rebuilding my inventory over time with the purpose to sell the business and let the new owner have inventory.

What's involved in running this business

Creating jewelry, social media presence, email list presence, social media advertising campaigns, shopping for pieces using my saved shops, fulfilling orders.

This business was founded: almost 5 years ago
Time to run this business: approximately 30 hours per week

Description

General description

This is a hand crafted jewelry website that is designed to offer a bohemian chic look. This store has massive potential and I am not a business mind to be able to turn in into what I know it is capable of. I have been shut down for a while, since June 2017 but I rebuilt an inventory so the new owner could start as my shop is currently showing what is available. I have wholesalers from all over the world, and do not buy any stone that may be plastic or cheap quality. All the stones, pearls, and agate featured are the highest quality pieces available. I am willing to negotiate the price that has been suggested by Shopify. I have had very little time to advertise in addition to very little experience. The small amount of work I was able to do yielded great results considering I had no time to advocate for my company. In addition, as I mentioned I had zero expenses towards advertising as I was very new and didn't know what to do in order to drive traffic. I will add my costs are the price of my jewelry times 3 and added a small amount for my work. That way each piece sold pays for itself, another one, and profit for the time and effort of each piece. You may keep my email lists, customers, and I can give you administration to my instagram which has 6,852 followers, and my Facebook page which is currently offline with over 1,000 followers due to only being about two months old. In addition, I have tons of leftover inventory, that have not been featured created yet, beads, rosary chain, bracelet connectors, agate, jump rings of every color and sizes, soldering tools, leather cords of all kinds, sizes, and colors. I also have pearls, crystals, crosses, buddhas, and various other pendants. I have elastic cord for the bracelets in multiple sizes and colors, hundreds of charms for bracelets, bail beads, any tool you would need to create jewelry. Please inquire at [REDACTED] for any questions you may have. Any experience in advertising is more than I have, I have none. This shop was my baby, but now with a baby along the way and a full time job my entire life is going to change very quickly. Before I close my shop, I wanted to offer it to someone who is as passionate about design as I am. I was just about to begin to add art canvases, candles, incense, large decorative crystals, agate coasters, apparel, hats, belts, and embellished shoes. Which is an idea you can add and I believe will greatly improve the traffic. I will show you my exact method, explain the cost of pieces I look for, and hook you up directly with my wholesalers who are always able to give good prices for bulk, as well as cross advertising. I've also sold in local shops here in LA, Venice, Hair Salons, and Nail salons with much success. Trunk shows have yielded thousands of dollars as well, the avenues are endless. I currently have over 7,279.03 in inventory that is made and easily another 5,000 in unmade jewelry and supplies.

Why should someone buy this store?

If you are passionate about crafting, this store allows the opportunity to turn that hobby into income.

How can the future owner improve the business?

I didn't really have time for a business. Advertising always gave me an excellent yield but I was unable to keep it consistent. Any sale I've made are usually old customers who continue to come back. I am not a business person so advertising was not my strong suit. I would also suggest adding other items outside of jewelry and take it towards a boutique.

What work have you put into the store?

branding, creating the jewelry, locating sellers for the high end materials, building the website, creating an instagram with a following, building an email list, a ton of inventory both made and ready to make, shipping supplies, and an organized inventory.

Traffic and Performance

  • Avg. revenue /month
    $98
    Verified
  • Avg. sessions /month135Verified
  • Avg. profit /month
    $100
  • Inventory value
    $10,000
  • Profit Margin75%
  • Avg. sales /month3
Other details about profit: I urge you to look at my older profit margins because I have been shut down for so long due to being busy. I never advertised my business well and when I did it would yield over 1,000 dollars off one advertisement.
Total revenue
  • $5,769
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 8,018Visits
  • 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

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I have price tags, burlap gift bags, a wax seal T with wax and a spoon to create the T on my blank price tags, pricing stamp, a stamp and pad that has the word "Token," blank gift boxes for rings and earrings, USPS packaging both bubble wrap and small boxes. I also have product holders, display pieces for necklaces, earrings, bracelets, and rings, light boxes, and backgrounds, that will be shipped with the inventory for easily transferable future product photography
    • Personal support after sale

      email or by phone for up to 1 year. I can be reached by email or phone and we can discuss times for video tutorial on how to create the jewelry and access to previous sellers I buy inventory from.
    • Domain

    • Product photos

      email or by phone
    • Social media

      Total followers7,000subscribers
    • Suppliers

    • Mailing List

      100subscribers

    Seller‘s Advice

    How to grow this business

    increase email list, increase traffic on instagram, increase traffic on facebook.

    Skills to have

    ability to re-create jewelry pieces and knowledge of where I obtain my jewelry from. Happy to provide instructions both verbal and by video.

    Share

    SS
    Sheldon S.Current store owner

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