All prices in USD
  • Avg. revenue /month
    $32,434
  • Avg. sessions /month19,301
  • Avg. profit /month
    $10,000
  • Inventory value
    $70,000

Business Story

Why this business was started

I always been a fan of candles and wax melts and saw a niche in the market for these type of melts and candles. It has been evident with our success on social media that my intuition was correct.

The reason of selling this business

The business has grown massively in the time since I set up and due to health reasons I am unable to devote the time needed to push forward with growth and expansion. I currently do the whole business from home from a workshop in my garden and it has also got to the point where we are out growing the space. We only have a small home!!

What's involved in running this business

Making candles and wax melts - full training given and machinery to aid this. all supplies included. Social media posts on the page which is all set up and following a strict schedule for ease. Ordering supplies when needed. Picking and packing the orders to the customers. Customer service Currently we do not need to advertise but should you wish to advertise for more growth then advertising and marketing would also be needed.

This business was founded: 9 months ago
Time to run this business: approximately 40 hours per week

Traffic and Performance

  • Avg. revenue /month
    $32,434
    Verified
  • Avg. sessions /month19,301Verified
  • Avg. profit /month
    $10,000
  • Inventory value
    $70,000
  • Profit Margin30%
  • Avg. sales /month1,300
Other details about profit: Our profits after wages have been invested back into the growth of social media and products over time to make the business what it is today. We also sell at fayres and car boot sales which is not included in these figures.
Total revenue
  • $291,908
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 173,711Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $600
      /month
    • Domain
      $14
      /year
    • email and other apps to run
      $300
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      logo branding and all fonts and images will be included in png and pdf files including social media cover photos, logos, advertising and can be transferred onto hard drive
    • Personal support after sale

      I will give personal support for 6 months after the sale as well as initial training on the whole business - this may take 1 week to train the running of the business in person at Milton Keynes. After which telephone or zoom support will continue for 6 months for any aspects you are not sure on and to make sure you have set up correctly and running effectively. I can advise on the day to day running, advertising, social media and product manufacturing, buying supplies and marketing. After 6 months you will be expected to know everything to continue yourselves.
    • Domain

    • Product photos

      photographic equipment and all images will be included as well as training on how to take photos. the lighting and equipment will be included and current files are png or jpeg and will be downloaded onto hard drive
    • Social media

      Total followers135,000subscribers
    • Suppliers

      I have lists of all suppliers and all with a great relationship. This will all be included with sale
    • Mailing List

      11,500subscribers

    Seller‘s Advice

    Skills to have

    There would have to be about 1 weeks training into how to make our products and run the business. This will be in person at Milton Keynes. This is very easy and step by step instructions along with all the equipment . No skills needed. You would also be required to have knowledge of social media marketing and using Canva for social media posts ( although a similar program such as photoshop would be useful instead) Book keeping and accounts would be down to the new owner although this can be outsourced to an accountant if needed. The email list program we use is called Klaviyo and training will also be included to show how this works. We are a husband and wife team and have a member of staff helping with all aspects of the business full time. Although this is not necessary we liked to leverage our time with help. I assume as the business is growing that the buyer would also like to take on some staff to help with certain aspects of running the business.

    Share

    VK
    Vikki K.Current store owner
    Hi, Im Vikki and I set up Witchy Wicks in 2020 selling candles and wax melts and witches accessories. It has since grown to over 135k social media followers and expanded worldwide.

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